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PROGRAMUpdated 2 months ago

BOI-MTN Foundation Y'ellopreneur Programme 2026 (Y'ellopreneur 3.0)

Women-only entrepreneurship programme in Nigeria with NGN 1 billion matching fund offering training, mentorship, and equipment loans up to NGN 5 million.

English, French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
MTN Nigeria Foundation & Bank of Industry
Location
Lagos, West Africa, Nigeria
Status
Closed
Application Deadline
Apr 20, 2026
Program Type
Grant Program
Amount
NGN 5,000,000
Size
small
Cohort
2026 (Phase 3)
Language
English
Applications are closed
The deadline was Apr 20, 2026. This page stays online as a record of the call.
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About this Program

The BOI-MTN Foundation Y'ellopreneur Programme 2026 is the third phase of MTN Foundation's flagship women empowerment initiative, now run jointly with the Bank of Industry (BOI) on a 50:50 basis as a NGN 1 billion matching fund. Implemented through the Enterprise Development Centre of Pan-Atlantic University, the programme combines entrepreneurial training, mentorship, advisory services, and access to equipment loans of up to NGN 5 million. Phases 1 and 2 trained 5,754 women, disbursed over NGN 94 million in equipment loans to 50 entrepreneurs, with 25% of repaid loans returned as outright grants.

Benefits & What You Get

Entrepreneurship and business management training (1,000 women in Stage 1), business plan development support (Stage 2), equipment loans up to NGN 5 million per beneficiary (Stage 3), mentorship and advisory services. 25% of fully repaid loan value returned as grant.

Eligibility

Female entrepreneur resident in Nigeria, owning and actively managing a registered business operating for at least 2 years. Sectors covered: agriculture, energy, trading, fashion, ICT, digital services, waste management, recycling, food processing, and manufacturing.

Equity Terms

Zero Equity (Loan + Partial Grant)