The Youth Economic Intervention and De-Radicalization Program (YEIDEP) is a Federal Government initiative created to combat youth unemployment in Nigeria by providing non-repayable grants ranging from ₦50,000 to ₦500,000 to young people aged 18 to 35 who possess viable business ideas or skills in high-growth sectors like technology, agriculture, and renewable energy. The program’s dual focus is on economic empowerment and national security, aiming to reduce the risk of radicalization through enterprise development, mandatory training, and mentorship. Batch B registration has recently reopened on the official portal, and applicants must possess a valid NIN and BVN, be willing to engage with partner banks, and apply early to access this critical funding opportunity.
How to Apply for the YEIDEP Grant Batch B: Your Step-by-Step Guide to Funding (₦50,000 to ₦500,000)
Youth unemployment in Nigeria continues to be a serious challenge for millions of young people. Many have great ideas, yet no funding to start or grow their businesses. To support this group, the Federal Government created the Youth Economic Intervention and De-Radicalization Program, widely known as YEIDEP.
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This program gives young Nigerians a chance to access non-repayable grants ranging from ₦50,000 to ₦500,000. Registration for Batch B has now reopened, and the window may not remain open for long. If you are between 18 and 35 years old and have a business or skill you want to develop, this is a crucial opportunity.
What Is YEIDEP, and Why Does It Matter?
What Does YEIDEP Mean?
YEIDEP stands for the Youth Economic Intervention and De-Radicalization Programme. It is a national programme designed to support peace, reduce youth vulnerability, and help young people build sustainable careers. It focuses fundamentally on three pillars: job creation, financial support, and enterprise development.
Which Sectors Does the Program Target?
The program targets key growth areas where the youth population can drive significant economic impact, ensuring the funds fuel national development. These include:
- Agriculture and Agro-processing
- Fashion and Creative Sectors
- Technology and Digital Services
- Entertainment and Sports
- Renewable Energy and Affordable Energy Solutions
- Light Manufacturing
- Small Retail and Services
- Financial Software Development
Check this Link for the Application Link
Why Is the Program Linked to National Security?
YEIDEP is also linked to national security goals. By supporting young people with training and funding, the government hopes to reduce the risk of radicalization in vulnerable communities. The underlying philosophy is that economic empowerment provides stability, reduces desperation, and gives youth a constructive pathway, thereby reducing engagement in social unrest or radical groups.
Eligibility Criteria: Can You Apply?
You must meet the following conditions to submit a successful application for the YEIDEP grant:
1. Are You a Nigerian Citizen and Within the Age Range?
- Be a Nigerian citizen.
- Be between 18 and 35 years old at the time of application.
2. Do You Have Your Official Identification Numbers?
- Have a valid NIN (National Identity Number) and BVN (Bank Verification Number). These are critical for identity verification and fraud prevention, ensuring the grants reach the intended recipients.
3. Are You Ready for Financial and Educational Commitment?
- Have or be willing to open an account with a partner bank such as Lotus Bank, Keystone Bank, or Fidelity Bank. This is required for grant disbursement and KYC (Know Your Customer) processes.
- Be ready to complete training sessions and mentorship activities. Participation in these support programs is a mandatory requirement for receiving the grant.
4. How Detailed Must Your Business Idea Be?
Your business idea can be simple. What matters is the clarity of your business concept and your willingness to participate fully in the training and mentorship components of the program.
Financial Support and Additional Benefits
How Much Can You Get, and Is It Repayable?
YEIDEP provides non-repayable grants. This means you do not have to return the money, unlike a loan. Approved applicants may receive one of the following amounts based on their assessed business needs:
- ₦50,000 (Micro-Start-up Funding)
- ₦100,000 (Skill Development and Tool Acquisition)
- ₦250,000 (Business Expansion and Equipment Purchase)
- ₦500,000 (Significant Growth and Job Creation)
What Additional Support Is Provided?
The program offers support beyond just the cash grant, focusing on developing the entrepreneur’s capacity:
- Entrepreneurship Development Training: Structured courses to build business management and financial literacy skills.
- Digital Literacy Training: Essential training to help small businesses leverage technology for marketing and operations.
- Business Support Services: Practical assistance in formalizing the business and navigating regulatory hurdles.
- Mentorship and Community Engagement Programs: Pairing applicants with experienced business mentors for guidance and sustained support.
How to Apply for the YEIDEP Grant Batch B: Your Step-by-Step Guide to Funding (₦50,000 to ₦500,000)
Follow these steps carefully to submit your Batch B application correctly:
Step 1: Visit the Official YEIDEP Portal
Go directly to yeidep.org using your phone or computer. Always verify the URL to avoid scam websites.
Step 2: Begin Registration and Input Details
Click “Register / Apply” and fill out the initial form. You must accurately provide your full name, NIN, BVN, contact details (phone and email), and a summary of your business idea.
Step 3: Upload Your Documents
Gather and upload the necessary supporting materials, which typically include:
- A clear passport photo (recent and professional).
- National ID or NIN slip for identity verification.
- A short description or pitch of your business (demonstrating clarity and viability).
- Valid phone number and email address.
Step 4: Submit Your Application
After confirming all data is accurate, submit your form. Save your confirmation code or reference number. This is your proof of application.
Step 5: Partner Bank Account Setup (If Applicable)
If you don’t already have an account with a partner bank (Lotus, Keystone, or Fidelity), the system may assign one. You must then visit the assigned bank branch to complete the KYC (Know Your Customer) process using your ID, BVN, and NIN.
Step 6: Verification and Training Invites
The final steps involve verification of your submitted documents. Only verified applicants will be invited for the mandatory entrepreneurship development training before the grant disbursement is processed.
Tips to Improve Your Chances and Stay Safe
Improving Your Application
- Keep Your Idea Simple and Realistic: The committee favors clear, executable plans over complex, unproven concepts.
- Request Only What You Need: Justify the amount you request based on specific business needs (e.g., “₦250k for a generator and industrial mixer”).
- Ensure Data Consistency: Make sure your name, NIN, BVN, and personal details match across all official records.
Staying Safe from Scams
- Do Not Pay Anyone: Nobody should charge you any fee to apply for the grant. The application is completely free.
- Use Only the Official Portal: Only use yeidep.org and verified government announcements for information.
- Protect Your Financial Information: Never share your BVN or OTP (One-Time Password) with anyone claiming to be a program official.
Frequently Asked Questions (FAQs)
1. What is meant by YEIDEP?
Answer: YEIDEP means Youth Economic Intervention and De-Radicalization Program. It gives non-repayable grants, training, and business support to young Nigerians aged 18 to 35.
2. Who can apply for the YEIDEP Batch B grant?
Answer: Any Nigerian citizen between the ages of 18 and 35 with a valid NIN, BVN, and a clear business or skill development idea can apply.
3. Is there a specific deadline for the 2025 Batch B registration?
Answer: The deadline for Batch B has not yet been officially announced. Applicants are strongly advised to apply as early as possible on the official portal, as the window may close quickly due to high demand.
4. How much is the YEIDEP grant?
Answer: Approved applicants may receive between ₦50,000 and ₦500,000, with the final amount determined by the assessment of their business plan and needs.
5. Is the YEIDEP grant a loan that must be paid back?
Answer: No. It is a non-repayable grant, meaning beneficiaries do not have to return the money to the government.
6. What are the most critical documents needed for the application?
Answer: The most critical documents are your valid NIN (National Identity Number), BVN (Bank Verification Number), and a clear passport photograph.
7. Do I need to already have a registered business to apply?
Answer: No, the program supports both existing businesses and youth with simple, clear business ideas they wish to develop. The focus is on the entrepreneur and their concept.
8. What happens after I submit my online application?
Answer: After submission, your details will be verified. Successful applicants will be invited to participate in the mandatory entrepreneurship development training before the grant disbursement process begins.
9. Do I need to pay any agent or fee to submit my application?
Answer: Absolutely not. The application process is completely free of charge. Any request for payment is a scam.
10. Why do I need an account with a partner bank?
Answer: The grant disbursement is processed through the partner banks (Lotus, Keystone, Fidelity). You need an account for the secure transfer of funds and completion of necessary KYC procedures.
11. What growth sectors does YEIDEP prioritize?
Answer: Priority sectors include Technology, Agriculture, Renewable Energy, the Creative Sectors (Fashion/Entertainment), and Light Manufacturing/Small Retail.
12. If I already received a grant from Batch A, can I apply for Batch B?
Answer: The program is designed for single-batch support. You should check the official portal for rules regarding multiple applications, but typically grants are intended for new beneficiaries.
13. Where can I find reliable updates on the program timeline?
Answer: You should check the official YEIDEP portal (yeidep.org) and reputable media sources like MSME Africa regularly, as timelines can shift rapidly.
14. What happens if my NIN and BVN details do not match my application details?
Answer: Your application will likely be rejected immediately. All personal information must match exactly across your NIN, BVN, and banking records for verification purposes.
15. Is participation in the training and mentorship mandatory?
Answer: Yes, participation in the entrepreneurship development training and mentorship sessions is mandatory for all approved applicants before they can receive the grant disbursement.
