Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Deadline: Ongoing
The SARA by WEMA Transforming Nigerian Youths Cohort 3 program is a flagship initiative of Wema Bank Plc, created to empower and equip young Nigerian entrepreneurs with the skills, mentorship, and funding they need to thrive in business. This program targets young innovators and change-makers with ideas that can drive sustainable growth across different sectors of the Nigerian economy. Beyond training and mentorship, selected entrepreneurs will have the chance to win a ₦2.5 million grant to scale their businesses and turn their entrepreneurial dreams into reality.
Program Details
- Cohort 3 features a 3-day intensive training from 9th – 11th September 2025.
- It is a physical training designed to equip participants with essential skills in Business Management, filled with interactive workshops and seminars to deepen their understanding in scaling up their businesses.
Key Highlights
Free Enterprise Training
Free enterprise training for 50,000 young women business
Access to Market
Gain access to free and discounted slots in trade fairs and exhibitions to showcase your products and services.
Personalized Support Services
Receive personalized support from SMEDAN-certified Business Development Support Providers (BDSPs) to help you navigate challenges and capitalize on opportunities.
Seed Grants
Stand a chance to receive grant award of up to N2,500,000 to kickstart or scale your business ventures.
Benefits
Participants of the SARA by WEMA Transforming Nigerian Youths Cohort 3 program will gain access to:
- Grant funding of up to ₦2.5 million for selected entrepreneurs.
- Comprehensive entrepreneurship training to build capacity in areas such as financial literacy, business strategy, and digital skills.
- Mentorship opportunities with experienced industry professionals and successful entrepreneurs.
- Networking opportunities with peers, investors, and industry stakeholders.
- Post-program support and visibility to boost business growth and sustainability.
SEE ALSO: The FCMB-FMO AgriTech Investment Readiness Program 2025 for Nigerian Agritech Startups and SMEs (₦20 Million in Grants)
Eligibility Criteria
To qualify for the program, applicants must:
- Be a Nigerian youth between the ages of 18 and 35.
- Have an existing business idea, startup, or small business.
- Demonstrate potential for scalability and job creation.
- Be willing to commit fully to the training and mentorship sessions.
- Show passion and commitment to entrepreneurship and innovation.
Application Process and Documents Required
Steps to Apply:
- Visit the official Wema Bank SARA program portal.
- Fill out the online application form with accurate personal and business details.
- Upload required documents, which may include:
- A business plan or pitch deck.
- Proof of identity (e.g., National ID, Passport, or Driver’s License).
- Company registration (if available).
- Evidence of existing business operations or idea concept note.
