Unity Bank lists more recipients of N10m business grant –


Unity Bank Plc has listed the recipients of its N10 million business grant under its flagship entrepreneurial development initiative, known as the Corpreneurship Challenge.

The new beneficiaries include members of Delta State, Rivers State and the Corps among others. Previously, recipients came from sectors such as software solutions, fashion, fish farming, poultry farming, beekeeping, retail chains and pig farming.

The bank said its flagship entrepreneurial development initiative, Corpreneurship Challenge, is set to return for the 8th edition across 10 locations in Nigeria, including a start in Delta and Rivers states.

The retail lender launched the Corpreneurship Challenge program in 2019, with a launch in Lagos and three other states including Edo, Ogun and Abuja, but with the initiative growing traction among corporate entrepreneurs, the bank is growing. The program has now expanded to 10 states in the federation.

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The expanded first edition covered Lagos, Ogun, Abuja, Edo, Katsina, Enugu, Bayelsa, Akwa Ibom, Sokoto, Kano and Kaduna. This edition will be held for the first time in Rivers and Delta as well as a return to Sokoto, Edo, Abuja, Akwa-Ibom, Osun, Kano, Bayelsa and Enugu.

The Corpreneurship Challenge, which has earned the bank national recognition for its impact on youth empowerment and job creation, continued to generate growing interest among corps members, attracting over 2,000 applicants and participating in each edition.

In partnership with the NYSC Skill Acquisition and Entrepreneurship Development (SAED), the initiative highlights a business presentation that offers participants the opportunity to showcase their business plans and have a chance to win up to N500,000 cash in business grant. .

Previous editions have seen attendees present business plans from multiple sectors, including software solutions, fashion, fish production, poultry farming, beekeeping, retail chains and beverage pigsty which were evaluated based on the originality, marketability and future employability potential of the product and knowledge. of the company.

So far, Unity Bank has invested over N100 million in the initiative which has now produced 58 winners since its launch.

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