Jethro Ibileke, Benin
Young entrepreneurs in Edo State have been trained on how to access the $5000 grant provided by the Tony Elumelu Foundation.
The entrepreneurs were trained last weekend at a training for held at Idia College in Benin City.
Speaking at the event, the state Commissioner for Wealth Creation, Cooperatives and Employment, Emmanuel Usoh, urgerd the participants to take advantage of the grant to scale their businesses and boost the economic fortunes of the state.
He charged entrepreneurs in the state to develop bankable business plans for their enterprises to enable them access the numerous grant opportunities to scale their operations.
The Commissioner said the session was organised as part of efforts by the state government to empower youths in the state.
He said the training will also help others access other loans and grants from development partners such as the CBN, Bank of Industry, Development Bank of Nigeria, to fund their ideas.
According to him; “This programme is geared towards enlightening and informing young people on how they can 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.”
Earlier, Focal Person for Edo State Social Investment Programme, Ms. Osayuwamen Aledeselu, said that the event was to enable former beneficiaries of the Tony Elumelu Foundation’s grant share information with those interested in applying for the grant in the new cycle.
She added that 50 people would be selected and mentored through the process to ensure that Edo youths benefit from all the grants available, especially the Tony Elumelu Foundation grants.