200 Youth Entrepreneurs Get N100m Presidential Grants
200 Youth Entrepreneurs Get N100m Presidential Grants
A total of 200 youths received N100 million as grants by the Office of the Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship across the nation to support their businesses and vocational endeavours under the Unlock Training Programme initiative.
While 120 freshers won N500,000 each from best Business Plans writing, 80 who are already in businesses but needed financial boost got the same amount individually from the programme.
The Unlock Training Programme was the outcome of a six-week campaign initiated by the office of the presidential aide during which the youths were asked to record and submit a one-minute video on their current Technical, Vocational and Entrepreneurship (TVET) skills.
The video was to highlight their plans for the future on related skills and how they want government to assist them achieve their plans.
Speaking at the graduation and grant presentation in Abuja on Saturday, the presidential aide, Abiola Arogundade said the programme was conceived to boost participants’ potentials for economic development.
Arogundade explained that at the end of that campaign, her office trained about 10,000 participants in a 10-day intensive training session where participants were tutored on writing and execute Business Plans, including components like executive summary, business overview and marketing strategies, pricing, money management and risks, among others.