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MTN Seeks to Empower Women-Entrepreneur [Apply Within]

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The transnational African telecommunication company, MTN, has opened the application for women-entrepreneur to apply for funding opportunity to augment their businesses.

 

 

The program, tagged the MTN Yellopreneur Initiative, was launched in 2022 and over 4,000 females in business were supported, according to the organizers.

 

Read Also: How LAUTECH Ex-SUG President becomes Seyi Makinde’s Aide

 

The initiative targets Female Entrepreneurs across Nigeria. But only female who displays passion and commitment to self-employment and run an existing business of two years and above in the areas of; circular economy, manufacturing, processing, agriculture, ICT/digital services, waste management, etc would be selected and supported.

 

According to the organizers, the focus of the Yellopreneur Initiative on businesses is to make sure that businesses can source for their raw materials locally. This can only be achieved when locally made products are funded and empowered.

 

MTN Nigeria Foundation in Phase one, supported 4,711 Female Entrepreneurs and trained them in the fundamentals of business Management & Development.

 

The training training empowered them to vie for the opportunity to receive up to N2 Million as equipment loan/grants to grow their businesses.

 

Equipment loans of over N94 Million were disbursed to 50 female entrepreneurs. Upon full repayment of the loan, our Y’ellopreneurs will receive 25% of the loan value as grants.

 

The MTN Y’ellopreneur Initiative seeks to contribute to the reduction in women unemployment and advance women development in ‘Entrepreneurship’ through capacity building and access to capital through loans, grants, and advisory support services for long term business sustainability.

 

Apply here.

 

Read Also:MTN Foundation Opens Application for 6th Phase of Business Skills Training and Funding

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