Cassava Farming and Processing
Creating 10 million jobs by raising 100,000 Entrepreneurs across Africa who will generate 50 Billion US Dollars before the year 2030
YEEC AFRICA has diagnosed that the two biggest challenges that inhibit the involvement of young people in entrepreneurial ventures are: lack of funding and the high cost of raising start-off capital. The sad reality is that the business of many young people are often credit constrained and access to finance remains a critical hindrance to their growth as they are notably by-passed by capital fund providers because of their risk perception.
These challenges can herald very negative implications on the development of entrepreneurship in Nigeria and Africa.
To address this problem, YEEC AFRICA is set to offer seed capital support to young entrepreneurs to offset the hurdle of sourcing initial funds to start off and grow their business enterprise.
YEEC AFRICA will primarily provide sensitization and training on Entrepreneurship Development which will culminate in the release of substantial funds in the form of nonrefundable Seed Money to qualified entrepreneurs to kick start and grow their business ventures. This fund programme is known as the YEEC SEED CAPITAL FUND.
YEEC Seed Capital Fund is initiated to alleviate the funding constraints of young entrepreneurs and to enhance the deployment of their ingenuity and resourcefulness for maximum economic development through entrepreneurship.
A call for applications will be published before the end of February 2020 on the YEEC website and other publicity channels.
To apply for the YEEC Seed Capital Programme, simply log on to www.app.yeecafrica.com/register. Fill out the application form provided in the YEEC Seed Capital Programme tab on the YEEC AFRICA homepage. Ensure that all required information are inputted.
After successful completion of the application form, Applicant shall receive a confirmatory email with further instructions on accessing the YEEC SEED CAPITAL FUND
Application is open
The following persons are eligible to partake in the YEEC Seed Capital Fund programme: