We had earlier announced YouWin! Women targeted at young female entrepreneurs between the ages of 18 and 45. A winner shortlist was recently released by the organization announcing about 6000 women applicants that scaled through the first round of the process.
The full list can be accessed here.
Women who made it to the list will be given training to improve their business skills by YouWin!
The first edition of YouWin was fiercely contested and produced about 1,200 winners from various parts of the country. Winners of the competition were given prizes and grants worth up to N10 million including technical support and mentorship.
During the first phase of the YouWin program, only 17 percent of participants were women. Speaking on this statistic, Nigeria’s Finance Minister, Dr. Ngozi Okonjo Iweala said “if empowering women is smart economics, empowering girls is smarter economies.’’
World Bank statistics indicate that empowering women and girls in an economy directly increases a country’s GDP growth. This phenomenon is especially witnessed in developing regions of the world.