Osun State University Osogbo UNIOSUN Startup Fund for Alumni 2023 | Up to N200,000 Funds

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Osun State University invites Alumni of the institution with bankable proposals, who are engaged, or willing to engage in entrepreneurial business activities to apply for a loan of Two Hundred Thousand naira (N200,000.00) only with one (1) percent interest rate and a moratorium period of one (1) year with flexible repayment plans of: monthly; quarterly; bi-annually and annually for a maximum of two (2) years after the moratorium period.

Eligibility & Requirements

Applicants must be Alumni or Alumna of Osun State University and must be ready to submit his/her First Degree Certificate to foster commitment and provide two Guarantors, who must be Grade/Level 5 and above Public/Civil servant.

Method of Application

Application forms can be downloaded here:

• Startup Loan Application Form
• Guarantor’s Form

while forms can also be collected from the Advancement Office, Osun State University, Osogbo.

Selection Process:

Applications will be assessed by a panel of credible persons with business knowledge.

Deadline

Completed forms and bankable proposals/feasibility study should be submitted to the Advancement Office, Osun State University, Osogbo. Four (4) weeks from the date of this advertisement.

Signed:
Registrar

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