Edo ex­poses en­trepreneurs to Elumelu $5,000 grant

The Punch - - NEWS - Adekunle Peter, Benin

THE Edo State Govern­ment has called on youths in the state to take ad­van­tage of the $5,000 grant pro­vided by the Tony Elumelu Foun­da­tion to boost their busi­nesses and eco­nomic for­tunes of the state.

The state Com­mis­sioner for Wealth Cre­ation, Co­op­er­a­tives and Employment, Em­manuel Usoh, made the call at the week­end dur­ing train­ing for en­trepreneurs held at Idia Col­lege in Benin City.

He urged en­trepreneurs in the state to de­velop busi­ness plans for their en­ter­prises to enable them to ac­cess the nu­mer­ous grant op­por­tu­ni­ties for their op­er­a­tions.

He said the ses­sion was or­gan­ised as part of ef­forts by the state govern­ment to em­power youths in the state.

He said the train­ing would also help oth­ers to ac­cess other loans and grants from de­vel­op­ment part­ners such as the Cen­tral Bank of Nige­ria, Bank of In­dus­try, and De­vel­op­ment Bank of Nige­ria, to fund their ideas.

He said, “This pro­gramme is geared to­wards en­light­en­ing and in­form­ing young peo­ple on how they could ac­cess fund­ing for small busi­nesses.

“The Tony Elumelu Foun­da­tion is of­fer­ing $5000 for young en­trepreneurs; hence the need for the train­ing which is aimed at teach­ing young peo­ple what to do and how to go about the reg­is­tra­tion process.”

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