Outlined would be the steps which you are required to take in order to apply for the YES. You can apply in the following ways:
The primary objective of YES is to provide immediate assistance in the form of grants to young and budding entrepreneurs who have innovative and bankable ideas/projects which financial institutions are not willing to support due to lack of collateral. This will partly address the market failure where financial institutions are reluctant to provide start-up capital to young entrepreneurs. Successful young aspiring entrepreneurs will then be provided business training and mentorship to enable them to operate financially viable businesses.
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