NYSC

NYSC Trust Fund Registration Portal | Graduate Entrepreneurship Fund

The NYSC Trust Fund Registration Portal for 2023 is now open. This portal allows eligible serving and prospective corps members to apply for the Bank of Industry (BOI) Graduate Entrepreneurship Fund for NYSC.

To apply for the fund, you need to visit the online application portal at https://www.boi.ng/graduate-entrepreneurship-fund/. On the portal, you will find relevant information, requirements, and the necessary documents for the application process.

This initiative provides an opportunity for corps members to access loans in addition to their monthly allowance of N33,000. If you are interested in the BOI NYSC Trust Fund programme, please read this article for detailed guidelines on how to submit your application.

Note: The availability and specific terms of the BOI Graduate Entrepreneurship Fund may vary, so it is advisable to visit the official BOI website and the NYSC Trust Fund Registration Portal for the most accurate and up-to-date information on the application process.

NYSC Trust Fund Requirements 2023

To be considered for the NYSC Trust Fund Loan in 2023, you need to fulfill the following requirements:

Screening Practice: Participate in the screening practice conducted by the NYSC Trust Fund.

4-day Intensive Training of GEF: Attend a 4-day intensive training program organized by the NYSC Trust Fund as part of the selection process.

Submission of Feasible Business Plan: Prepare and submit a feasible business plan that aligns with the BOI’s policies. Your business plan should demonstrate the viability and sustainability of your proposed entrepreneurial venture.

Serving Corp/Prospective Corp Member: You must be a serving or prospective corps member of the National Youth Service Corps (NYSC). This means you are currently enrolled in the NYSC program or will be participating in it soon.

Valid Means of Identification: Possess a valid means of identification, such as an international passport, national ID card, driver’s license, or permanent voter’s card.

Workable Business Plan and NYSC Supporting Documents: Provide a workable and detailed business plan, as well as other supporting documents required by the NYSC Trust Fund and BOI.

If selected, you may be eligible to access a loan of up to N2 million at an interest rate of 9% per year. The loan tenure can range from 3 to 5 years, depending on the terms and conditions set by the NYSC Trust Fund and BOI.

Please note that these requirements are specific to the NYSC Trust Fund Loan program for 2023, and it is recommended to visit the official BOI website and the NYSC Trust Fund Registration Portal for the most accurate and up-to-date information regarding eligibility criteria and application procedures.

How to Apply for NYSC Trust Fund 2023

To apply for the NYSC Trust Fund 2023, follow these steps:

Visit the official website of the Bank of Industry (BOI) at www.boi.ng/graduate-entrepreneurship-fund/.
Create an account on the website using a valid and active email address and password. Make sure to provide accurate information during the registration process.
Once your account is created, log in to the portal using your email and password.
Fill out the online application form with the required details. Provide accurate information about your personal and contact information, educational background, business idea, and any other relevant information requested.
Ensure that you attach all the required documents as specified in the application form. These may include your identification documents, business plan, NYSC supporting documents, and any other documents requested by the BOI.
Review the information you have entered and the documents you have attached to ensure everything is accurate and complete.
After verifying the information, submit your application through the online portal.
Keep track of your email and mobile phone for any communication from the BOI. Shortlisted candidates will be contacted via email and text message with further instructions or notifications.

Remember to stay updated by regularly visiting the official website or any official channels for news and updates about the NYSC Trust Fund 2023.

It is important to note that the application process may have specific timelines and deadlines, so it is recommended to submit your application within the specified timeframe and to carefully follow all instructions provided on the BOI website.