MTN Yellopreneur is a collaboration with the Bank of Industry to empower Nigerian female entrepreneurs through training and funding. The initiative seeks to overcome the obstacles faced by women in the country, including gender gaps in entrepreneurship and the labor market.
In 2022, 42,370 applications were received, and 500 were selected for a 5-week online entrepreneurship training. Four key courses were delivered, and participants were supported with data. The 200 best business plans were chosen, with the top 150 to receive equipment loans/grants in August 2023.
A second part, the Yellopreneur Capacity Building Initiative, involves training 20,000 female entrepreneurs in Entrepreneurship Skills over a 4-week period, in partnership with the Mastercard Foundation and Enterprise Development Centre of Pan-Atlantic University. Post training, there will be 3 months of advisory support, marketplace events, and funding support from the Mastercard Foundation.
The Media Parley for the Yellopreneur Capacity Building Initiative was held on August 15, 2023.