The Nerdzfactory Youth Sustainable Enterprise Challenge provides business funding up to ₦250,000 for young entrepreneurs to launch and grow their businesses.
The Youth Sustainable Enterprise Challenge seeks to inspire the next generation of visionary entrepreneurs, empowering them to lead with innovation and social responsibility. By fostering economic growth, generating jobs, and driving progress toward the United Nations’ Sustainable Development Goals (SDGs), this challenge paves the way for a more sustainable and prosperous future.
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NerdzFactory Youth Grant Details
The Youth Sustainable Enterprise Challenge (YSEC) program is a groundbreaking initiative designed to unlock the potential of young entrepreneurs, providing them with the knowledge, skills, and mindset to build and scale thriving, sustainable businesses.
With small and medium-sized enterprises (SMEs) contributing 48% of Nigeria’s GDP and employing over 84% of the workforce, according to the National Bureau of Statistics (NBS, 2023), Lagos, as the nation’s commercial hub, plays a vital role in this growth.
Our mission is to empower a new generation of innovative, socially responsible entrepreneurs who will fuel economic growth, generate employment, and advance the United Nations’ Sustainable Development Goals (SDGs).
Requirements for Nerdzfactory Youth Grant
To be considered for the Nerdzfactory Youth Sustainable Enterprise Challenge, you must be:
- youths aged 18-35.
- residents of Lagos State.
- interested in starting a business or enhancing your current entrepreneurial skills.
Benefits of Nerdzfactory Youth Grant
- Practical Skills Development: Master essential skills such as financial literacy, business planning, creative problem-solving, and effective communication to build a strong entrepreneurial foundation.
- Immersive Business Simulation Game: Dive into the entrepreneurial world with Pop-Up, our interactive business simulation game. This immersive experience puts you in control, challenging you to start, manage, and grow a virtual business in a dynamic, realistic market setting.
- One-on-One Mentorship for Business Success: Elevate your entrepreneurial journey with personalized guidance from experienced mentors. Our One-on-One Mentorship program provides customized support to sharpen your business strategies and set you on the path to success.
- Turn Your Business Vision into Reality: Compete for business funding! The most innovative ideas will earn grants, giving you the resources to launch and scale your venture.
Application for the Nerdzfactory Youth Grant
Ready to take the next step in your entrepreneurial journey? Apply for the Nerdzfactory Youth Sustainable Enterprise Challenge by clicking the “APPLY NOW” and submit your application today!
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