The Federal Ministry of Youth Development, through the Nigerian Youth Academy (NiYA), has awarded ₦49 million in grants to 17 young Nigerian entrepreneurs, alongside one year of complimentary access to enterprise management software to support the digitalisation and growth of their businesses.
The grants were presented at the Final Pitch Day and Grant Award Ceremony of the NiYA × Cascador Founders Programme, held at the Afreximbank African Trade Centre in Abuja.
Eight top-performing founders received ₦5 million each, while nine other entrepreneurs were awarded ₦1 million each to support their business operations, according to a statement by the organisers.
Beyond the financial support, all 17 beneficiaries will receive one year of complimentary access to SMECore, an enterprise resource planning (ERP) platform developed by Sapphital, the programme’s implementing partner.
The software provides digital tools for financial management and accounting, sales, customer relationship management (CRM), inventory management, human resources and business performance
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