Categories: Jobs and Internships

₦5 Million Wema Bank / EDC / Mastercard “Transforming Nigerian Youth” Program (How to apply)

₦5 Million Wema Bank / EDC / Mastercard “Transforming Nigerian Youth” Program: APPLY NOW!

Are you a driven Nigerian woman entrepreneur aged between 18 and 35 with big dreams for your business? This could be your turning point. The Transforming Nigerian Youths Program, powered by SARA by Wema in collaboration with the Enterprise Development Centre (EDC) and the Mastercard Foundation, is designed to equip you with the skills, support, and funding needed to transform your ideas into impact.

About the Program
This initiative isn’t just another grant opportunity. it’s a holistic journey into entrepreneurship. Through a blend of free enterprise training, mentorship from industry veterans, market access, and tailored business support, the program aims to reshape the entrepreneurial mindset of tomorrow’s leaders. The ultimate prize? A seed grant of up to ₦5 million to scale your business.

Eligibility – Who Can Apply?
This is for YOU if you:

Are a female entrepreneur between 18 and 35 years old
Live in Nigeria
Operate or aspire to operate within the Micro, Small, and Medium Enterprises (MSME) sector
Female-led initiatives are especially encouraged, as the program actively prioritises women-owned businesses.

What’s in It for You? (Perks & Benefits)
Free, comprehensive enterprise training: Gain valuable knowledge across business planning, financial management, digital marketing, operations—the works
Customized mentorship and support: Work with SMEDAN-certified Business Development Support Providers (BDSPs) who’ll guide your growth and help solve real-world challenges.
Market access opportunities: Showcase your offerings at trade fairs and exhibitions, with free or discounted slots—perfect for gaining visibility and customers.
Grand Pitchathon finale: Present your polished idea to a panel of judges for constructive feedback and a shot at funding.(MSME Africa)
Grants up to ₦5 million: High-performing participants stand a real chance to secure seed funding to grow or scale their businesses.

Application Requirements
To apply, you’ll typically need to:

Register through the official program portal
Create an account (or log in if you already have one)
Provide accurate personal and business information, including details about your entrepreneurial goals
Submit a business plan clearly articulate your vision, strategy, and how the funding will be used
Show active participation in the training modules to remain eligible. 
Selection is based on the strength of your business plan, your engagement through the training, and your entrepreneurial potential.

Deadline

As of now, no specific application deadline has been listed. Several credible sources affirm that the application period is ongoing, so don’t wait—submit now while applications are open. 

How to Apply –  Quick Steps

Visit the official program website via Wema Bank, SARA by Wema, or EDC portals.
Click “Register”, set up an account, or log in if you already have one.
Complete the form with your personal and business information.
Engage passionately with all training modules and workshops.
Submit your business plan ahead of the pitchathon.
Await selection and, if chosen, prepare to pitch your idea and vie for the grant!

Why You Should Apply

Imagine gaining not just funding, but a whole ecosystem of support from expert guidance to exposure, training, and community. Whether you’re just starting out or ready to scale, this program offers the foundational tools to transform your business for you, your community, and the future.

Icanstudent

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