ASSW Nigeria Partners NOBEEL UK To Launch ₦1m Youth Entrepreneurship Challenge

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The Association for Students’ Social Welfare Nigeria (ASSW) has partnered with the Network of Black Entrepreneurs and Economic Leaders (NOBEEL), United Kingdom, to empower young Nigerians through entrepreneurship training and business development opportunities.

The partnership will launch the GenNext Micro Business School, a youth-focused initiative under NOBEEL’s Economic Mobility Acceleration Programme (EMAP).

According to a statement by ASSW, the collaboration aims to equip young Nigerians with practical entrepreneurial skills, business knowledge, mentorship and opportunities to develop sustainable solutions to economic challenges.

At the centre of the initiative is a challenge titled, “What Economic Problem Can You Solve With ₦1,000,000 in Nigeria?”

The challenge invites young Nigerians to identify pressing economic problems in their communities and propose practical, innovative and scalable solutions that could be implemented with ₦1 million.

It also seeks to encourage critical thinking, enterprise development and innovation among young people.

GenNext Micro Business School Offers Free Training

The GenNext Micro Business School for Young Entrepreneurs will provide free, two-week virtual training for participants.

The programme will cover essential business and entrepreneurial competencies, including:

  • Entrepreneurial skills and business development.
  • Financial literacy and management.
  • Marketing and sales strategies.
  • Business planning and problem-solving.
  • Networking, mentorship and practical business insights.

Participants who successfully complete the programme will receive certificates and participate in a graduation exercise.

Interested applicants can register through the programme’s application portal.

Registration closes on November 9, 2026.

Application link: https://bit.ly/MicroBusinessSchoolforYoungEntrepreneurs

ASSW, NOBEEL Invite Entries For ₦1m Economic Solutions Challenge

Beyond the training programme, the partnership also invites young Nigerians to participate in the ₦1 million economic solutions challenge.

Applicants must submit a video lasting between one and three minutes, explaining:

  1. The economic problem they have identified.
  2. Their proposed solution.
  3. How they intend to use ₦1 million to implement the solution.

To participate, applicants must publish their videos on Instagram, tag and follow @nobeelnigeria and @nobeel.uk, and encourage others to follow both accounts, like their entries and leave comments.

Participants must also keep their submissions public throughout the competition period for monitoring and engagement.

Five Finalists To Emerge From Competition

The organisers disclosed that five eligible finalists would be selected, with one participant emerging as the overall winner.

Potential rewards and recognition include monetary prizes, certificates, mentorship and project support.

Judges will assess entries based on established evaluation criteria.

The organisers also listed additional recognition categories, including:

  • Excellence and Impact Award.
  • Diligence and Consistency Award.
  • Active Participation Award.
  • Attendance and Commitment Award.
  • Emerging Economic Solutions Award.

ASSW Highlights Commitment To Youth Economic Empowerment

ASSW said the partnership would strengthen connections between youth development, entrepreneurship, global exposure and economic opportunities.

The organisation reaffirmed its commitment to creating platforms that connect Nigerian students and young people with practical opportunities, strategic partnerships and enterprise development.

It added that young Nigerians should be equipped not only to participate in the economy but also to establish businesses, solve problems, create jobs and contribute to national development.

The organisations encouraged young people to register for the training and participate in the economic solutions challenge.

Interested participants can obtain further information through NOBEEL’s website at www.nobeel.com.

For media and partnership enquiries, ASSW can be reached through its social media handle, @assw_ng, and website, www.sccnigeria.org.

The initiative carries the message: “Register. Learn. Innovate. Solve. Build.”

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