{"id":986,"date":"2023-11-01T20:32:46","date_gmt":"2023-11-01T20:32:46","guid":{"rendered":"https:\/\/nammatech.com\/?p=986"},"modified":"2023-11-01T20:32:46","modified_gmt":"2023-11-01T20:32:46","slug":"apply-for-cbn-grant-application","status":"publish","type":"post","link":"https:\/\/nammatech.com\/apply-for-cbn-grant-application\/","title":{"rendered":"How to Apply for CBN 500k Grant 2024 Application?"},"content":{"rendered":"\n
The Central Bank of Nigeria has created the Tertiary Institutions Entrepreneurship Scheme(TIES). This is done for Nigerian students and graduates who have just completed their studies and want to work in their businesses rather than going ahead with their jobs. The enrollment for the CBN N500k Grant has begun and the applicants who qualify can visit the portal for the application. <\/p>\n\n\n\n
The main aim of this project is to diminish the unemployment rate by providing aid so that they can initiate their business. The application to get enrolled in the TIES scheme is straightforward and can be completed by following the mentioned steps. So, scrutinize all the points and guidelines to get approved for the CBN Grant. <\/p>\n\n\n\n
The CBN grant is for all the graduates and undergraduates who want to begin a new business or want to expand an old one. This is done to plunge unemployment in the country. The Central Bank of Nigeria provides the grant to all the applicants that are qualified for the grant. This is done with an alliance with universities and polytechnics in Nigeria. <\/p>\n\n\n\n
The grant is provided at a lower rate of interest and the applicant can make monthly or quarterly payments as he\/she feels comfortable. An interest rate of 5% is charged till February and then the rate will be 9% charged from March 2024. All the details and guidelines are there on the TIES portal.<\/p>\n\n\n\n