CBN TIES Loan Application Portal 2023 – The Central Bank of Nigeria (CBN) has taken a momentous step towards addressing the rising challenges of unemployment in the country.
The CBN Tertiary Institutions Empowerment Scheme (TIES) has recently launched a massive ₦500 million grant initiative, designed to empower both graduates and undergraduates.
The Central Bank of Nigeria, in collaboration with Nigerian universities and polytechnics, has initiated the Tertiary Institutions Empowerment Scheme (TIES). This pioneering scheme aims to tap into the entrepreneurial potential of Nigerian graduates and students.
CBN TIES Loan Application 2023 Portal
Thanks to the generous allocation of ₦500 million by the Central Bank of Nigeria, both undergraduates and graduates from Nigerian universities and polytechnics will have the opportunity to kickstart their chosen ventures.
As of now, the online application portal for the CBN ₦500 million Grant is not yet open for submissions. Rest assured, we will provide immediate updates once the portal is accessible for grant applications.
Eligibility Criteria for CBN TIES Loan Application
The Central Bank of Nigeria has established specific eligibility criteria to ensure that the grant reaches deserving candidates. These criteria include:
- Only Nigerian Citizens can apply for this grant
- Educational Qualifications: A recognized university or polytechnic diploma is required. Additionally, a first-degree certificate or a higher national diploma, or an equivalent qualification, is mandatory.
- NYSC Completion: Completion of the National Youth Service Corps (NYSC) is a prerequisite.
- Post-NYSC Experience: Post-NYSC service should not exceed seven years.
- Entrepreneurial Training: A certificate of participation in entrepreneurial training, issued by a university or polytechnic, is required.
How to Apply for a CBN TIES Loan
The application portal is your platform for submission. To apply for the CBN Empowerment Grant in 2023, follow these steps:
- Visit the official website at com. ng
- Carefully review the grant descriptions to understand the expectations.
- After that, select “Apply now” from the dropdown menu on the website to proceed
- Complete the online application with the required details.
- Attach all requisite documents, as specified in the application guidelines.
- Finally, submit your application.
FAQs (Frequently Asked Questions)
When will the CBN ₦500 million grant application portal be open?
The official application portal is not open yet. Keep an eye on cbnties.com.ng for updates.
Is this grant available to both graduates and undergraduates?
Yes, the CBN ₦500 million grant is open to both graduates and undergraduates from Nigerian universities and polytechnics.
How can I ensure my application stands out?
To make your application shine, ensure that you meet all the eligibility criteria and provide accurate and complete information.
What kind of entrepreneurial training is required for this grant?
You need a certificate of participation in entrepreneurial training, issued by a university or polytechnic.
Is there a deadline for submitting the application?
Specific deadlines will be announced when the application portal opens. Keep track on the cbnties.com.ng website for updates.