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How to apply for FG’s ₦5m initiative for young entrepreneurs

Learn how to apply for the Federal Government’s N5m initiative for young Nigerian entrepreneurs. Get non-dilutive funding and business support. Read More: https://punchng.com/how-to-apply-for-fgs-%e2%82%a65m-initiative-for-young-entrepreneurs/

How to apply for FG’s ₦5m initiative for young entrepreneurs

The Nigerian Government has launched an initiative called the NiYA × Cascador Founders Programme, offering up to ₦5 million in non-dilutive funding to young Nigerian entrepreneurs. This program, a collaboration between the Nigerian Youth Academy and Cascador, aims to prepare young founders for investment readiness and access to funding.

Following a pilot, outstanding entrepreneurs will receive up to ₦5 million each. The four-week program includes training in business fundamentals, investment readiness, pitch preparation, and one-on-one mentorship. Beneficiaries will also receive an Enterprise Resource Planning (ERP) solution for managing their businesses. Minister of Youth Development Ayodele Olawande emphasized the importance of bridging the gap between training and capital access for young entrepreneurs.

Applications for the program will open on August 19, 2026, on the Nigerian Youth Academy website, where applicants will find eligibility requirements, the application form, and submission guidelines.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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