YOUWIN! 4 (2014/2015) COMPETITION IS OPEN FOR SUBMISSION!!! - APPLY NOW WITH BUSINESS PLAN

YouWiN - www.youwin.org.ng - Youwin Registration - Youwin Login - Apply now for the youwin competition 2015 and 2015 section. ----- This is to notify the general public theat the long awaited YouWiN 2014/2015 business plan competition has kicked off on Monday 17th 2014, all interested applicants are adviced to apply now (if you are new, Click Here To see Application form and application procedures) so that you can see the requirements and the easy procedures of applying for this year's YouWiN competition. Have you already registered but don't know the first step to take? if yes, Read More About YouWin Here Did you apply last year but didn't win? Then You have to Read How To Answer YouWin Competition Questions correctly. This page is to help you answer all the questions correctly so that you can stand a better chance of becoming this years winner, you can Read Tips and Help for YouWin Business Plan Competition.



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MORE NEWS FOR YouWiN
THE FOURTH EDITION OF YOUWIN! IS HERE!!!

SUBMISSION OF YOUWIN! 4 APPLICATIONS WILL COMMENCE ON MONDAY, 17th NOVEMBER 2014.

Following the launch of the fourth edition of the YouWiN! program by the President of Nigeria, the website is now open for submission of YouWiN! 4 concept note applications.

YOUWIN NEWS FROM SUNNEWSONLINE.COM
According to sunnewsonline webpage; President Goodluck Jonathan on Monday 17th November 2014 launched a new $50 million Venture Capital Fund also known as the YouWin Small and Medium Enterprise Fund accessible from youwin website page. This followed by the launching of the 4th round of the Youth Enterprise With Innovation in Nigeria (YouWin) programme, which is expected to create additional 1,500 entrepreneurs in Nigeria.

According to President Jonathan, the new enterprise fund would enable those who have won previous grants from the YouWin programme take their businesses to the next business level for the benefit of Nigerians.

During his speech, he stated that the fund, which needed a seed capital of about $50 million would require hard work particularly on the side of government, adding that it has the capacity to attract more investors to contribute to ongoing efforts no matter how small the amount might be.

He also stated that “this fund will identify and further empower a few of you, some who are here and some new people that will join us, that are interested in expanding what they already have through the YouWin or even starting new businesses,” he added.

The President further noted that the new fund would be managed by independent fund managers known as Capital Ventures Fund alongside the government and “you will not need to know somebody to access it.”

Jonathan stressed that the fund, which will identify and invest in a few enterprises, will be highly competitive as selection will be strictly on merit.

He lauded the efforts of the Minister of Finance and Coordinating Minister of the  Economy, Dr. Ngozi Okonjo-Iweala who has so far successfully coordinated three batches of the YouWin programme, stating that from available records, the first and second edition of the YouWin created 22,000 jobs.

“Hopefully, when the disbursement of the third phase commences and by the time the fourth phase takes off, we are expecting a minimum of 44,000 jobs created by young Nigerians for young Nigerians,” he said.

He disclosed that about 18,000 applicants who did not directly benefit from the scheme were trained and were able to access fund from different sources. Earlier in her remarks, Okonjo-Iweala disclosed that disbursements for the third phase of the programme will commence shortly as the hitches have been cleared.

She said the programme, which is three years old selected Nigerians based on the merit of their business plans.

Okonjo-Iweala added that another 1,500 entrepreneurs will be supported with grants of between N1 million and N10 million to enable them improve or run their businesses and expand and create jobs.

YouWin entrepreneurial scheme kicked off in 2011. It is designed for entrepreneurs aged between 18  and 45 years. It has an objective of creating thousands of jobs by helping winners to strengthen and expand existing businesses as well as turn innovative ideas into solid businesses.

The second round of the YouWin programme was wholly dedicated to women

in the country, while the third rounds were open to both men and women.





NEWS 2 - from PREMIUMTIMESNG
premiumtimesng.com/news/top-news/171346-fg-launches-youwin-batch-4.html
President Goodluck Jonathan on Monday in Abuja launched the $50 million Venture Capital Fund also known as the YouWin! Small and Medium Enterprise, SME,-Growth Fund.

Mr. Jonathan launched the fund alongside the fourth round of the Youth Enterprise with Innovation in Nigeria (YouWin) programme at an event held at the Banquet Hall of the Presidential Villa.

The fourth edition is expected to support additional 1,500 entrepreneurs along with the SME-Growth fund, which is a private equity fund for entrepreneurs.

Speaking at the launch, Mr. Jonathan said the new enterprise fund would enable those who won previous grants from the YouWin programme to take their businesses to the next level.

He said judicious administration of the fund would require hard work on the side of government, adding that if government worked hard, it could attract more contributions from investors.

The president further noted that the new fund would be managed by independent fund managers alongside the government and “you will not need to know somebody to access it”.

He said that selection of beneficiaries would be highly competitive and strictly based on merit.

The president lauded the efforts of the Minister of Finance, Ngozi Okonjo-Iweala, whom, she said, has so far successfully coordinated three batches of the YouWin programme.

Citing available records, Mr. Jonathan expressed delight that a total of 22,000 jobs had been created by the first and second editions of YouWin.

He expressed the hope that with the launch of the fourth edition, the total number of jobs would rise to 44,000.

The president, who had earlier inspected an exhibition by beneficiaries of the programme, expressed happiness over the quality of products which, he said, were of international standard.

Describing YouWin as arguably one of the finest initiatives of his administration, Mr. Jonathan said that the response of youths to the programme was a source of pleasure to him.

In her speech, Ms. Okonjo-Iweala said that the disbursement of funds in the third phase of the programme would commence shortly as the hitches had been cleared.

She added that another 1,500 entrepreneurs would be supported with grants of between one million naira and 10 million naira to enable them to improve or run their businesses, expand them and create jobs. 


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