Success Tips for youwin connect 2017

In case you have not heard, Youwin is a federal government initiative to empower start up entreprenuers and small scale business owners between ages of 18 years and 40 years. Over 5000 winners emerged from the last editions of the you win project. This is real and lots of young Nigerians have boosted their businesses with the you win grants. The grant ranges from 1 million naira to 10 million naira. Youwin connect is invariably the 4th edition of the Youwin project.

YouWiN! Connect is a multimedia based relaunch of the YouWiN! programme of the Federal Ministry of Finance. It aims to support young entrepreneurs as they PLAN, START and GROW their businesses, by providing Enterprise Education as well as access to technical and consulting services. The programme aims to promote entrepreneurship, job creation and wealth via enterprise education for young Nigerians.

Applicants Participation Criteria

1. Applicants must have post-secondary school qualification.
2. Applicants must be between the ages of 18 and 40.
3. Applicants must be Nigerians and resident in Nigeria.
4. Applicants businesses must be domiciled in Nigeria.
5. Applicants must be able to communicate effectively – speaking and writing – in English.
6. Applicants must be willing to attend all trainings and mentoring exercises organized by the programme.
7. Applicants must not be an employee of the Nigerian Civil Service.
8. Previous YouWiN awardees are not eligible to apply.

Please stop doubting, Youwin is real. The selection process is 100% devoid of corruption. As a previous winner of the you win project, I can assure you that this project is an opportunity. You dont have to let it slip. The success tips below are compiled based on my experience as a youwin awardee:

Tips to help you succeed in Youwin connect application

1. Know you Business inside out:
For already existing business owners and start up entreprenuers, you have to carry out intensive research on the business you intend to venture into, know the strength, the weakness, the profit margin and the risks involved in the business. You must know your market, trends and your ideas should focus more on adding value and differentiating your brand from that of your competitors

2. Your Business idea should be achieveable and Original:
Dont ever try to use software or any program to write your business plan. Your Plan should be realistic, achieveable and original. Dont copy people's business plan.

3. Your business idea should fill a market Gap:
All you have to do is to look around you. Make observations and you will certainly spot a problem/gap in the market, then you proffer a solution to the problem through your product/services. Coming up with an idea to run a business that is the same with what is already in the market will slim your chances of making it. Just differentiate your business idea from others, make sure you spot a gap and aim to fill it with your product/services.

4. Take records and write down all the details you fill in on the online template forms:
This is very important too. Those that will make it to the final stage may have to pass through lots of stages and missing out on or forgetting a vital information may be very costly. The figures of your projected financials, your ideas, addresses and other details should be taken note of.

5. The youwin connect may have an online training course. Please make sure that you attend the training by yourself, take the online tests by yourself as this will go a long way in helping you to the final stage

6. Your business Idea must be in any of these areas Agriculture/Agro-processing, Construction/real estate, ICT, Fashion, Manufacturing and Retail sectors

SIGN UP HERE to register for Youwin connect

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