Apply for MTN Yellopreneur phase 3, offers N5m loan to women

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MTN Foundation has opened applications for Phase 3 of its Yellopreneur initiative, giving female entrepreneurs across Nigeria a fresh opportunity to access business training, advisory support, and equipment loans of up to N5 million.

The Yellopreneur programme is designed to equip women with the practical skills and financial backing needed to grow sustainable businesses. In this third phase, the Foundation is partnering with the Bank of Industry (BOI) to implement a N1 billion matching fund model, aimed at expanding access to funding for women-led enterprises.

As part of the programme, 1,000 selected female entrepreneurs will undergo a four-week online entrepreneurial training. The training will be delivered by the Enterprise Development Centre of Pan-Atlantic University, focusing on key areas such as business management, financial planning, and growth strategies.

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Beyond training, participants will also receive business advisory support services to help them scale and sustain their ventures. Monitoring and evaluation will be carried out to track progress and ensure long-term impact.

Out of the trained participants, 200 female entrepreneurs will be selected to receive equipment loan support of up to N5 million each, enabling them to strengthen operations and expand production capacity.

The initiative targets women across various sectors and is part of MTN Foundation’s broader effort to reduce unemployment, promote entrepreneurship, and support inclusive economic growth in Nigeria.

Interested applicants can register via mtn.ng/yellopreneur to begin the application process.

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