Applications are open for BOI–MTN Foundation Y’ellopreneur Initiative 2026. The Y’ellopreneur initiative seeks to contribute to the reduction of women unemployment and advance women development in ‘Entrepreneurship’ through capacity building and access to capital.
In phases 1 and 2 of this initiative, a total of 5,754 Female Entrepreneurs were trained in Entrepreneurship Skills, and 122 of these entrepreneurs received equipment loan totaling over N301 million. In the third phase, the MTN Foundation is collaborating with the Bank of Industry Limited to implement a Matching Fund Model of N1Bn (One Billion Naira Only).
BOI–MTN Foundation Y’ellopreneur Initiative Benefits
Selected participants will receive:
- Entrepreneurship and business management training
- Access to Equipment loans of up to ₦5 million (single-digit interest)
- Potential grant component (partial conversion after repayment)
- Mentorship and advisory support services
- Support in developing bankable business plans
- Access to markets, networks, and growth opportunities
The program is designed to help entrepreneurs become investment-ready and scalable.
Program Structure
The Yellopreneur program typically follows a structured process:
- Training Phase – Selected applicants undergo intensive business training
- Business Plan Development – Participants create bankable business proposals
- Pitch Stage – Entrepreneurs pitch their businesses
- Funding Selection – Top participants receive financial support
About 1,000 women are trained, with top candidates selected for funding support.
Eligibility Criteria for BOI–MTN Foundation Y’ellopreneur Initiative
To apply, you must:
- Be a female entrepreneur in Nigeria
- Own or run an existing business (typically 2+ years old)
- Source materials locally where possible
- Be willing to participate fully in the training and mentorship program
How To Apply for BOI–MTN Foundation Y’ellopreneur Initiative
Application Deadline: April 20th 2026
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