The Nigeria Youth Investment Fund (NYIF), with a budget of N110 billion, is an initiative aimed at supporting young Nigerian entrepreneurs and innovators. Creating sustainable opportunities for Nigerian youths
This fund is designed to provide financial assistance to youth-led businesses, enabling them to grow, create jobs, and contribute to the nation’s economic development.
NYIF is the government’s initiative dedicated to investing in Nigerian youths’ innovative ideas, skills, and talents, aiming to turn them into entrepreneurs, wealth creators, and labour employers.
DISBURSEMENT STRATEGY: PRIMARILY THROUGH YOUTH ENTERPRISE CLUSTERS
Eligibility Criteria
To be eligible for the NYIF, applicants must meet the following criteria:
Be a Nigerian citizen aged between 18 and 40 years.
Have a business idea that aligns with the Fund’s objectives.
Possess a National Identification Number (NIN).
Demonstrate a willingness to contribute to Nigeria’s economic development.
Provide a viable business plan.
How to Apply
To apply and submit the necessary information, please use this link to register:
Register: Create an account on the NYIF portal.
Complete the application form: Fill out the online application form with accurate personal and business details.
Upload Documents: Attach the required supporting documents.
Submit Application: Review your application and submit it online.
Required Documents
Applicants must upload the following documents:
Copy of National Identification Card (NIN)
Business Registration Certificate
Business Plan/Proposal
Proof of Business Ownership (if applicable)
Application Process
Step 1: Online Registration and Application Step 2: Submission of Required Documents Step 3: Application Review and Verification Step 4: Funding Decision and Disbursement
