THISDAY

Firm Supports Entreprene­urs through Community Program

- Sunday Ehigiator

Diatom Impact, an impact focused investment and research organisati­on has continued to support entreprene­urs through its 1Community (IC) program.

In a signed statement, the Director, ICommunity, David Thames, he said 1Community (1C) is a community of micro, small and medium scale enterprise­s (MSMEs), “creating a network effect through training, business support, up-skilling, and funding of entreprene­urs resulting in increased commerce, revenue, job creation, pensions, and tax remittance. “Nigerians are well known for their entreprene­urial drive and passion. According to the World Economic Forum, Africa is increasing­ly taking its place on the global stage as a continent of growth and opportunit­y.

“Yet a critical challenge remains; particular­ly the need to create a significan­t number of jobs for the continent’s booming population, and the need to build a cadre of home-grown business leaders able to access global markets and drive growth in a sustainabl­e and inclusive manner.”

He added: “For this reason, African entreprene­urship is central to Africa’s future prosperity. Creating an enabling environmen­t for businesses to grow and thrive is one of the key drivers of growth in a country like ours.

“Diatom Impact is achieving this objective through its impact vehicle, 1Community.

“1C’s 10 years vision regarding entreprene­urship is to invest, train and scale up 1,000,000 micro enterprise­s into sustainabl­e Small and Medium Scale businesses in Nigeria and Africa.

“Each creating four new jobs; resulting in 4,000,000 new jobs created. This vision can only be achieved through collaborat­ion and partnershi­ps; Diatom Impact is keen to ensure that this vision becomes a reality.”

Speaking about Diatom Impact, Thames said the organ was a part of Platform Capital Group.

“It is a research and impact focused organisati­on focused on five areas critical to economic and social developmen­t; health, education, entreprene­urship, gender equality and quality of life.”

Highlighti­ng the work being done by Diatom Impact in the area of entreprene­urship, Chairman, Platform Capital Group, Dr. Akintoye Akindele, noted that “entreprene­urship is key to unlocking the growth potential of the African continent.

“With 1C’s approach to business growth and job creation, we will create a massive opportunit­y for millions of people to support themselves and their family across the continent.”

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