NGO gives ,000 grant to young entrepreneurs

NGO gives $5,000 grant to young entrepreneurs

From Okey Samson, Umuahia

The Connak Foundation, an NGO, has said it will soon pay out $5,000 to each of the successful youth currently undergoing entrepreneurship training at its facilities.

dr. Emeka Unachukwu, the lead facilitator of the Connak Foundation Entrepreneurship Initiative (COFEI), made the announcement at the “Five Thousand Dollar Grant Challenge” Bootcamp held in Umuahia, Abia State, as part of the 10-year anniversary activities. anniversary of the foundation.

dr. Unachukwu said the initiative is the second largest entrepreneurship initiative in Nigeria, pointing out that the entire process is not an Abia State affair, but a national initiative aimed at empowering young minds across Nigeria.

According to Dr Unachukwu, “the initiative recruited eight thousand people through eleven weeks of online training during which an assessment was made and four hundred and fifty participants were selected, representing the eastern, northern and southern parts of Nigeria”.

He noted that the Abia State Bootcamp is the center that houses Eastern Nigeria.

He said that after the capacity building training, the participants will be allowed to present their business plans, after which the successful will each receive a grant of $5,000 to start their business.

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The CEO of the Foundation, Ms. Carole E Sunday, said that entrepreneurial development is the most important way to create wealth for economic development.

Mrs Sunday advised Connak Foundation Entrepreneurship Initiative Bootcamp participants to take the program seriously in order to be successful and increase their lot in society.

She described Connak Foundation as a non-profit organization founded in 2012 with a vision to tackle youth unemployment, which she says has led to a reduction in social malice.

She revealed that the Foundation has created opportunities for economic empowerment and growth in Nigeria, adding that the NGO stands ready to strengthen the economic capacities of young people and women to become agents of change in their communities.

She expressed her gratitude that the foundation has succeeded in raising awareness among young people that they can no longer depend on white-collar jobs and can develop themselves to contribute to the economic development of Nigeria and the world as a whole.

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