This is Access Bank’s way of fostering youth entrepreneurship
Access Bank has as part of its commitment to continually empower the youth through various entrepreneurial initiatives, rewarded over 100 members of batch A, stream one and batch A stream two corps members across Nigeria with various cash grants.
A total of N30.5million was given out to corps members with winning entrepreneurial ideas in Abuja, Imo, Kebbi, Abia, Adamawa, Jos, Delta, Akwa Ibom, Ogun and Cross River States with the star winners receiving N1 million each.
Digital TimesNG understands that this is in a continued effort of the bank to promote entrepreneurship skills among youths, with its scheme called the Accessprenuer.
Bayo Famoroti, branch manager, Access Bank, Wuse Zone 4, who spoke at the Accessprenuer programme in Abuja, said the bank aims to build the youths and to build the economy, to bridge the gap and resolve the problems around funding for startups.
“As an institution, we understand the role young people play in the community and we are committed to supporting their aspirations.
“Research has shown that finance is why businesses fail especially startups, we have decided to solve this problem by supporting young entrepreneurs with finance to form their business ideas through the access bank all for one scheme.”
Tosin Ojo, a crocheter, in the Abuja camp who won the competition with N1 million and also won the social media contest with N50,000, expressed gratitude to Access Bank.
“I’m grateful, I don’t know how I can thank Access Bank for this great opportunity and I say thank you very much once again.”
Another N1m star prize winner in Adamawa, Johnson, who wants to go into poultry business, thanked Access Bank for motivating him with seed capital to realize his dream and have a brighter future.
The Bank also rewarded other corps members across the country in the 3rd, 4th, 5th, 6th -10th positions with N400,000, N250,000, N150,000, and N100,000 respectively.
The Accessprenuer empowerment scheme by Access Bank Plc has over the years empowered thousands of Nigeria corps members, granting impetus and vitality to kickstart business dreams in the embryo and expand those that have already begun operations.
So far, the Accessprenuer competition has impacted over 600 corps members with over N250 million in seed capital.
They also created a Facebook community for all Accessprenuer winners to be able to interact freely amongst themselves and inspire other young people with similar aspirations.
The Facebook community has about 5,000 members