Newsroom Nigeria
  • Home
  • About Us
  • Advert Rates
Thursday, December 7, 2023
  • Login
Advertisement
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
Newsroom Nigeria
No Result
View All Result

Unity Bank Announces  Winners of N10M Corpreneurship Challenge Grant

To emerge as the winners, their business plans were assessed on originality, marketability, future employability potential of the product and knowledge of the business.

Newsroom Nigeria by Newsroom Nigeria
July 5, 2022
Reading Time: 3 mins read
Unity Bank Announces  Winners of N10M Corpreneurship Challenge Grant
Share on FacebookShare on Twitter

Nigerian lender, Unity Bank Plc has doled out a N10 million business grant to 30 corps members who emerged the winners of the eighth edition of its flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge.

The winners emerged after a business pitch that took place across 10 states – Rivers, Delta, Sokoto, Edo, Abuja, Akwa-Ibom, Osun, Kano, Bayelsa and Enugu recently.

At the Rivers State NYSC Orientation camp at Nonwa Gbam Tai, the winners included Moses Obianuju Gloria, a fashion entrepreneur whose business plan won N500, 000 grant for a fabric production company; Emmanuel Godwin Adole, a budding commercial rice farmer who won N300, 000 grant; and Okotie Racheal Dokubere who took home N200, 000 grant to support her fashion production outfit specialising in office and outdoor outfits for women.

This Might Also Interest You

NNPC, Oil Companies SIGN MoU To Reduce Contracting Cycle

Terminal Operators Pledge Support for Oyetola to Harness Potentials of Blue Economy

Freight Forwarders Threaten to Shut Down Ports Over  Extortions by Maritime Police.

Elumelu”s Transcorp Consolidates Hold in Power Sector, Acquires 60% Stake in AEDC

In Delta State, where the Corpreneurship Challenge also debuted in this edition, Adegoke Blessing Hezekiah, a fish farmer emerged as the overall winner to claim the N500,000 grant, while Egbelelo Lucky Etanami, a fashion entrepreneur and Tob Tamaraumien Ruth, emerged the first and second runner up to claim N300,000 and N200,000 prizes respectively.

Other winners from other states were also drawn from contestants whose business plans included fish production, poultry farming, fashion, soap and cake making, printing, piggery and beverage making.

To emerge as the winners, their business plans were assessed on originality, marketability, future employability potential of the product and knowledge of the business.

Speaking during the finale in Delta State, the Group Head, Retail, E-Business and SME Banking, Unity Bank Plc, Mr. Olufunwa Akinmade, said the competition has gradually become Nigeria’s premium business plan contest for emerging entrepreneurs.

“When we started the initiative in 2019, we had set out to inspire a new generation of entrepreneurs in Nigeria. So far, the initiative has resonated with the target audience and there is no gainsaying the fact, that this will continue to have a huge impact on job creation across the country.

Represented by Mr. Abu Igemohia Mohammed, the Regional Manager, Edo/Delta Region, Akinmade reiterated, “As we have maintained, the grants are not a loan and we want the money to be directed towards the profitable ventures which have been selected. We continue to encourage the winners to continue to learn the rudimentary lessons necessary to build a successful business. We emphasize that the budding entrepreneurs who take part in this initiative constantly think about the challenges they will face and put the same energy they all have displayed in preparing for this contest in their businesses as they face their post-service year ahead.”

He said the Bank will sustain the programme in order to achieve a record impact on entrepreneurship support and job creation.

The Corpreneurship Challenge, which has earned the Bank national recognition for its impact on youth empowerment and job creation, has continued to elicit growing interest among the corps members, attracting over 2000 applicants and participation in every edition.

In partnership with the NYSC Skill Acquisition and Entrepreneurship Development, SAED, the initiative prominently features a business pitch presentation that provides the participants with the opportunity to present their business plans and stand a chance to win up to N500, 000 cash in the business grant.

So far, Unity Bank has invested over N100 million in the initiative which has now produced 88 winners since it was launched.

WE NEED YOUR SUPPORT TO PRODUCE EXCELLENT JOURNALISM AT ALL TIMES.

SUPPORT US AT NEWSROOM NIGERIA @ Newsroom Communication Services: 2042789398, First Bank of Nigeria.
Previous Post

HOW JULIUS BERGER IS HELPING LAGOS TO ACTUALISE ITS TRANSPORTATION DREAM, SAYS SANWO-OLU

Next Post

KATSINA SALLAH VISIT: GUNMEN ATTACK BUHARI ADVANCE TEAM

Related Posts

NNPC, Oil Companies SIGN MoU To Reduce Contracting Cycle
Business

NNPC, Oil Companies SIGN MoU To Reduce Contracting Cycle

September 25, 2023
Terminal Operators Pledge Support for Oyetola to Harness Potentials of Blue Economy
Business

Terminal Operators Pledge Support for Oyetola to Harness Potentials of Blue Economy

August 28, 2023
Business

Freight Forwarders Threaten to Shut Down Ports Over  Extortions by Maritime Police.

August 22, 2023
Elumelu”s Transcorp Consolidates Hold in Power Sector, Acquires 60% Stake in AEDC
Business

Elumelu”s Transcorp Consolidates Hold in Power Sector, Acquires 60% Stake in AEDC

August 17, 2023
AVANTI COMMUNICATIONS CEMENTS MARKET-LEADING POSITION IN SUB-SAHARAN AFRICA
Business

AVANTI COMMUNICATIONS CEMENTS MARKET-LEADING POSITION IN SUB-SAHARAN AFRICA

July 24, 2023
Alleged $91.4m debt: Three Banks Move Against Osibodus, Benin Disco
Business

Court Restrains Telecom Company From Accessing N7billion in 25 Banks

July 22, 2023
Next Post
BREAKING: ARIWOOLA TO REPLACE TANKO MUHAMMED AS CHIEF JUSTICE OF NIGERIA

KATSINA SALLAH VISIT: GUNMEN ATTACK BUHARI ADVANCE TEAM

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TINUBU RECEIVES PRESIDENT TALON OF BENIN REPUBLIC, SAYS COOPERATION IMPERATIVE FOR ECONOMIC PROSPERITY 

TINUBU RECEIVES PRESIDENT TALON OF BENIN REPUBLIC, SAYS COOPERATION IMPERATIVE FOR ECONOMIC PROSPERITY 

December 6, 2023
Senate Committees Pledge Budget Support for Solid Minerals

Senate Committees Pledge Budget Support for Solid Minerals

December 6, 2023
NATIONAL REORIENTATION TAKES OFF WITH A NATIONAL VALUES CHARTER

NATIONAL REORIENTATION TAKES OFF WITH A NATIONAL VALUES CHARTER

December 6, 2023
COP28:  TINUBU UNVEILS BOLD VISION FOR A GREENER NIGERIA 

Viewpoint: Nigeria at COP28: Separating Facts from Fiction

December 6, 2023
Long Service Award: Julius Berger Assures Workers of Brighter Years Ahead

Long Service Award: Julius Berger Assures Workers of Brighter Years Ahead

December 6, 2023
  • Home
  • About Us
  • Advert Rates

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In