The CBN, as part of its policy measures to address rising youth unemployment and underemployment, introduces the Tertiary Institutions Entrepreneurship Scheme (TIES) to create a paradigm shift among undergraduates and graduates of Nigerian polytechnics and universities, from seeking white-collar jobs to entrepreneurship.

The Scheme aims to provide an innovative financing model that will boost job creation, enhance entrepreneurship development, and support economic growth.

Requirements for CBN N500 million grant for undergraduates and graduates

Below are the criteria for participation:

Applicants must be graduates of Nigerian universities or polytechnics,
Must possess First Degree Certificate (BSc, HND, or it is equivalent),

Applicants must possess National Youth Service Corps (NYSC) Certificate (Discharge or Exemption letter),

Must have a certificate of participation issued by a university or polytechnic as evidence of entrepreneurship training,

Must not be more than 7 years of post-NYSC

How to Apply for CBN N500m Grant for Undergraduates and Graduates

Application is online via CBN dedicated portal.

Interested Applicants should visit


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