Unity Bank Plc has awarded a N10 million corporate grant to 30 members of the National Youth Service Corps (NYSC) who participated in the 10th edition of the bank’s flagship entrepreneurship development initiative, the Co-oppreneurship Challenge .
The awardees, including future entrepreneurs who are developing innovative solutions in several business value chains such as honey production, rice and snail farming, will be presented at NYSC orientation camps in 10 states: Katsina, Kano, Kwara and Imo. After participating in a business pitch held, I got a top position. , River, Delta, Sokoto, Edo, Akwa Ibom, Osun.
At the NYSC Orientation Camp held at Ikot Itie Udun, Nsit Atai, Akwa Ibom State, Azegba Perpetual, which pitched its business in honey production, emerged as the overall winner and won the grand prize of 500,000 Naira. Meanwhile, up-and-coming commercial rice farmer Iyorwa Israel has been awarded a grant of 300,000 Naira.
Similarly, Egeronu Friday also received a grant of N200,000 to support his snail farming business.
More than 27 other winners emerged in the remaining nine states, after pitching business plans across a variety of economic sectors, including fish production, poultry farming, fashion, soap and cake manufacturing, printing, pig farms and beverage manufacturing. Ta.
Since its inception, the Corprenership Challenge has proven its immense social benefits as a platform for entrepreneurship development and job creation, and has received applications from thousands of NYSC Corp members.
Speaking at the grand finale in Akwa Ibom State, Unity Bank’s Head of Retail and SME Banking Group, Dr. Opeyemi Ojesina, said the initiative has positioned itself as one of the country’s leading business incubation and entrepreneurship platforms. He said he had acquired the.
He said, “Unity Bank has been pursuing this co-preneurship challenge for the past five years and throughout this period, we have witnessed the tremendous impact this challenge has had on youth empowerment and job creation in the country. I’ve been to
And I believe that the innovative approach to entrepreneurship taken by this program allows us to seamlessly integrate financial support, mentorship and skills development to foster the growth of aspiring entrepreneurs. I am.
“At the heart of this initiative is to address the unique challenges faced by small businesses, recognizing that they are the backbone of economic development. Proven through customized financial solutions to help you realize your business dreams.”