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CBN TIES Grant Application – Are you looking for a financial boost to kick start your entrepreneurial journey? Look no further! The Central Bank of Nigeria (CBN) has rolled out an incredible opportunity through the Tertiary Institutions Entrepreneurship Scheme (TIES) Loan, designed to empower you with financial support ranging from 500,000 to a whopping 5 million Naira. This article will guide you through the application process and requirements, ensuring that you have all the information you need to seize this opportunity for personal and economic growth.
Why CBN TIES Loan?
In its commitment to bolster the economy and combat unemployment among graduates from Nigerian universities and polytechnics, the Central Bank of Nigeria has introduced the Tertiary Institutions Entrepreneurship Scheme (TIES). This groundbreaking program aims to facilitate the shift of undergraduate and graduate students from traditional careers to a dynamic business-oriented culture, fostering job creation, economic prosperity, and sustainable development.
CBN TIES Grant: Loan Requirements
Before you dive into the application process, it’s crucial to ensure you meet the following prerequisites:
- Bank Verification Number (BVN): Your BVN is your digital fingerprint in the Nigerian banking system, and you’ll need it to access this loan.
- First Degree Certificate (BSc/HND or its equivalent): To be eligible, you must possess a recognized degree or its equivalent from a university or polytechnic.
- National Youth Service Certificate (NYSC): Ensure you have your NYSC discharge or exemption certificate in hand.
- Certificate of Participation: Obtain a certificate from your polytechnic or university indicating your participation in entrepreneurship training.
- Duly Signed Global Standing Instruction (GS): This document is essential for the loan application process.
- Third-Party Assurance: You’ll require a third-party assurance from a senior federal or state civil or public servant (not below level 10 and with at least 5 years until retirement), a prominent member of your church, or a recognized traditional monarch.
- Corporate Affairs Commission (CAC) Registration: Applicants are expected to register as an entity with the Corporate Affairs Commission, providing certified true copies of relevant forms.
Please note that the CBN TIES Loan is exclusively available through the official portal, [cbnties.com.ng](https://cbnties.com.ng). It’s essential to keep in mind that the CBN will never request payment for loan applications or access to the loan. For more detailed guidelines and information, visit [www.cbn.gov.ng](https://www.cbn.gov.ng).
Tertiary Institutions Entrepreneurship Scheme (TIES)
Cbnties.com.ng Loan :– This loan is to be paid within five years and the maximum amount that the applicant can request is 5 million, meaning you can request from 500k to 5 million.
The Central Bank of Nigeria, as part of its efforts to boost the economy and reduce unemployment among graduates of Nigerian Polytechnics and Universities, has introduced the Tertiary Institutions Entrepreneurship Scheme.
This program is designed to facilitate the transition of undergraduate and graduate students from a civilian career to a business culture designed to create jobs, economic growth and sustainable development. sustainability.
Therefore, the Central Bank of Nigeria (CBN) has promoted the Tertiary Institutions Entrepreneurship Scheme (TIES), in collaboration with academics (Universities and Polytechnics) to launch potential Nigerian degree holders through provide re-orientation, training and a more efficient financing system that will improve the business environment with a transformative effect on the economy.
CBN TIES Loan Application Process
The application process is straightforward and accessible to all eligible candidates. Simply visit the official CBN TIES Loan portal at [cbnties.com.ng](https://cbnties.com.ng) and follow the provided instructions. You can request a loan amount ranging from 500,000 Naira to a maximum of 5 million Naira, and the repayment period extends over five years, providing you with ample time to invest in your entrepreneurial dreams.
Cbnties Portal: cbnties.com.ng portal
The CBN TIES Loan is your gateway to financial empowerment, job creation, and economic development. By meeting the necessary requirements and following the simple application process, you can access the financial support needed to turn your business ideas into reality. Don’t miss out on this opportunity to transform your future; apply for the CBN TIES Loan today and take the first step towards financial success. Remember, the key to success lies in seizing opportunities when they arise, and this is your chance to shine.
https://cbnties.com.ng is the ONLY approved portal for submission of applications
Note: The CBN will never charge you or ask you to pay to submit your loan application or to access the loan.. For further information and the guidelines. Please visit www.cbn.gov.ng