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Published: 21 May 2024 484 views
Rural Area Programme On Investment for Development (RAPID). The objective of the programme is to assist communities in rural and economically disadvantaged areas to tap into available resources for the development of enterprises that can provide employment, improve standard of living, contribute to national growth and tame insecurity arising from youth restiveness. The Bank hopes to achieve the foregoing through the RAPID initiative by providing financial support to nano, micro and small-scale businesses in the rural locations. In addition to financial support, beneficiaries would also have access to business advisory services and training programmes to ensure business viability, growth, and sustainability.
The objective of the programme is to provide financial support to enterprises located in rural and economically disadvantaged areas of our economy. This will ensure that resources flow to these communities from entrepreneurial activities that will provide employment, improve standard of living, contribute to gross domestic product (GDP), promote capacity and skill development, tame insecurity arising from youth restiveness and unemployment. The Bank hopes to achieve the foregoing through the Rural Area Programme on Investment for Development (RAPID) initiative. RAPID will provide financial sup... continue reading
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| Application Deadline | 29 May 2024 |
| Country to study | Nigeria |
| Type | Entrepreneurs |
| Sponsor | Rural Area Programme on Investment for Development (RAPID) |
| Gender | Men and Women |
The Bank hopes to achieve the foregoing through the RAPID initiative by providing financial support to nano, micro and small-scale businesses in the rural locations. In addition to financial support, beneficiaries would also have access to business advisory services and training programmes to ensure business viability, growth, and sustainability.
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For more details, visit RAPID website.
