Wema Bank/ Mastercard/EDC Transforming Nigerian Youth Program 2023 (Up To 500,000) – APPLY NOW

In collaboration with the Enterprise Development Centre (EDC) at Pan-Atlantic University and the Mastercard Foundation, Wema Bank is bringing forth an initiative that holds the potential to revolutionize the Nigerian youth landscape. The “Transforming Nigerian Youths” program is a beacon of hope for the nation’s aspiring entrepreneurs, providing a platform for innovation, skill development, and empowerment.

Wema Bank/ Mastercard/EDC Transforming Nigerian Youth Program

Details About The Transforming Nigerian Youth

The Transforming Nigerian Youths program aims to build a robust network of young and ambitious change-makers within the realm of Micro, Small, and Medium Enterprises (MSMEs) in Nigeria. With the goal of shifting mindsets and fostering entrepreneurship, the program strives to equip the nation’s youth with the skills and mindset necessary to become self-employed or creators of job opportunities.

Wema Bank has teamed up with the Enterprise Development Centre, Pan-Atlantic University, and the Mastercard Foundation to spearhead this transformative initiative. By leveraging the strengths and expertise of each partner, the program is set to have a far-reaching impact on Nigeria’s economic landscape.

Key Objectives

The program’s core objectives are multifaceted and impactful:

  • Fostering Entrepreneurial Mindset: The first objective of the Transforming Nigerian Youths program is to instill a robust entrepreneurial mindset among the nation’s young individuals. By nurturing an environment of innovation, creativity, and calculated risk-taking, the program aims to nurture the next generation of business leaders.
  • Empowering Business Owners: Existing business owners, especially those led by young entrepreneurs, will benefit from the program’s market access and support services. By providing resources, mentorship, and tools for growth, the initiative seeks to bolster the success and sustainability of these enterprises.
  • Revolutionizing Learning: The program endeavors to revolutionize the way learning and information are perceived and received in Nigeria. Through dynamic and engaging learning methodologies, it aims to bridge the gap between traditional education and real-world application.

About the Mastercard Foundation

The Mastercard Foundation’s mission aligns seamlessly with the program’s vision. Committed to enabling access to education, financial services, and skills training, the foundation aims to uplift economically disadvantaged youth across Africa. It envisions a world where equal opportunities pave the way for success and prosperity.

Eligibility Criteria

  • Applicants must be young entrepreneurs aged between 18 and 35.
  • Applicants must reside in Nigeria.


  • Capacity building without any cost.
  • Mentorship by industry leaders, offering invaluable guidance and insights.
  • Seed funding to fuel the growth of promising ventures.
  • Personalized business support, tailored to the unique needs of each entrepreneur.
  • Opportunity to compete for grants of up to 500,000.

Application Process

Application Deadline

Not Specified.

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