Sunday 30th April, 2017
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Heritage Bank partners with YESGrant, offers N50m to entrepreneurs

Heritage Bank partners with YESGrant, offers N50m to entrepreneurs

As part of efforts to bring the economy out of reces­sion, Heritage Bank Lim­ited in partnership with the Nige­rian Young Professionals Forum (NYPF) has intensified its support to young entrepreneurs with grant of N50 million.
 
The grant was awarded to about 35 young entrepreneurs from agricultural, creative indus­try and the information & com­munication technology (ICT) sectors after a rigorous and trans­parent review process conducted by an independent body, out of the tens of thousands who applied for the grant.
 
Speaking at the award ceremo­ny in Lagos, the MD/CEO of Her­itage Bank, Mr. Ifie Sekibo, who hinted that the nation’s economy has experienced severe down spi­ral, affirmed that the 35 success­ful entrepreneurs will be provid­ed with the required guidance on fund management as individu­al beneficiaries would get at most N2 million each.
 
Sekibo who was represented by the Divisional Head, Retail/SME, Mrs. Ori Ogba stated that the bank supported this initiative because of its belief in Nigerian youths, who make up about 80 percent of the country’s population.

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