The Youth Entrepreneurship Support (YES) programme is an ambitious programme by the Bank of Industry (BOI) aimed at addressing youth unemployment in Nigeria which is currently over 50%.
According to a 2013 survey by the Nigerian Institute of Social and Economic Research (NISER), most of the capacity building programmes aimed at addressing youth unemployment, have concentrated more on training without any tie-in to the provision of small business loans, which is a critical success factor to the establishment of small businesses. In addition, they hardly take care of the entire training value chain in terms of Entrepreneurship, Business Management and Technical Skills.
The Bank of Industry(BOI) YES Programme
BOI’s approach to tackling the youth capacity building challenge is to focus on young aspiring entrepreneurs within the age bracket of 18 – 35 years that have viable business ideas by developing a Product Program – Youth Enterprise Support Programme (YES Programme), for empowering them. This crop of Nigerians forms a significant proportion of unemployed youth in the country.
Components of the YES Programme
The YES Programme comprises the following:
USD750/month Remote Side Hustle Working as a Freelance Ghostwriter for Foreign Companies
Tony Elumelu Foundation Entrepreneurship Programme (TEEP) 2024
NNPC / SPDC - JV Regional Livewire Nigeria Programme 2023
Development Bank of Nigeria Entrepreneurship Training Program 2023
Safety and Environment Engineer at Sterling Oil Exploration and Energy Production Company Limited
BOI-LBS Entrepreneurship Development Programme 2023
Work and get paid in US Dollars ($2000 and above monthly)
Tony Elumelu Foundation Entrepreneurship Programme (TEEP) 2023
MTN Nigeria Blow My Hustle for young Nigerian Entrepreneurs (68 million naira cash prize)
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