Graduate Entrepreneurship Fund

Apply for The Graduate Entrepreneurship Fund As An NYSC Member

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NYSC Member with a Great Business Idea Can Apply for Bank of Industry’s N2 Billion Graduate Entrepreneurship Fund

Are you a corps member looking for how to fund your business idea? The Bank of Industry (BOI) N2 billion Graduate Entrepreneurship Fund (GEF) is calling for entries now.

Program Structure:

  • An indication of interest by the corps members through an online business ideas competition administered by BOI (www.boi.ng/gef).
  • 4 days intensive entrepreneurship training on generating a business idea, business model, basic financial record keeping and marketing.
  • Soft loans for those with enterprises/viable business ideas

For more information follow @BOINIGERIA on Instagram and Twitter.

The Capacity Building Programme is held at selected NYSC Orientation Camps in each of the six (6) geopolitical zones.

Key Features of GEF Scheme include:

Obligor Limit Up to N2.0 million loan
Pricing Interest Rate: 0%
Tenor 3 – 5 years
Moratorium 6 -12 months from date of Loan Disbursement
Security Security for the facility is a combination of:I.  Specific charge over the equipment

II.  Lien on the NYSC discharge certificate

III. One (1) external guarantor acceptable to BOI

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