{"id":77631,"date":"2023-11-20T17:16:23","date_gmt":"2023-11-20T16:16:23","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=77631"},"modified":"2023-11-20T17:16:23","modified_gmt":"2023-11-20T16:16:23","slug":"unity-bank-holds-10th-edition-of-corpreneurship-challenge-agropreneurs-others-win-n10m-business-grant","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/unity-bank-holds-10th-edition-of-corpreneurship-challenge-agropreneurs-others-win-n10m-business-grant\/","title":{"rendered":"Unity Bank Holds 10th Edition of Corpreneurship Challenge; Agropreneurs, Others Win N10M Business Grant\u00a0"},"content":{"rendered":"

Retail lender, Unity Bank Plc has extended N10 million business grant to 30 members of the National Youth Service Corps, NYSC, who took part in the 10th edition of the Bank\u2019s flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge.<\/p>\n

The winners,\u00a0including\u00a0upcoming entrepreneurs\u00a0developing innovative solutions in several business value chains such as\u00a0Honey production, Rice, and Snail farming, among others, claimed\u00a0top positions\u00a0after participating in a business pitch that took place across 10 state NYSC Orientation Camps\u00a0\u2013 Katsina, Kano, Kwara, Imo, Rivers, Delta, Sokoto, Edo, Akwa-Ibom, and Osun\u00a0recently.<\/p>\n

\"\"At the NYSC Orientation camp at Ikot Itie Udung, Nsit Atai, Akwa Ibom State,\u00a0 Azegba Chimuanya Perpetual, who pitched\u00a0business\u00a0on honey production\u00a0emerged as the overall winner to clinch the N500,000 grand prize; while Iyorwa Kater Israel, a budding commercial rice farmer\u00a0won N300,000 grant. Similarly,\u00a0Egelonu Emmanuel Friday\u00a0walked away with a N200,000 grant to support his Snail farming business.<\/p>\n

In the remaining nine states, no fewer than twenty-seven\u00a0other winners\u00a0also emerged, after pitching\u00a0business\u00a0plans\u00a0across various economic segments including Fish production, Poultry farming, Fashion, Soap and Cake making, Printing, Piggery, Beverage making, etc.<\/p>\n

The Unity Bank Corpreneurship Challenge, which has proved its invaluable social benefit as an entrepreneurship development and\u00a0job creation platform since its inception\u00a0receives applications from thousands of\u00a0serving NYSC Corp members. These business plans are then evaluated based on\u00a0their originality, marketability, future employability potential of the product, and knowledge of the business.<\/p>\n

Speaking during the grand\u00a0finale in Akwa Ibom State, Unity Bank\u2019s Head\u00a0of Retail and SME Banking Group, Dr. Opeyemi Ojesina said the Unity Bank Corpreneurship \u00a0Challenge has earned its pride of place in Nigeria as one of the country\u2019s foremost\u00a0business incubation\u00a0platform and\u00a0entrepreneurship development.<\/p>\n

\"\"He said, \u201cUnity Bank has sustained this Corpreneurship Challenge for the past five years, and throughout the period we have witnessed\u00a0the tremendous impact it has had on youth empowerment and job creation in the country. \u00a0And I believe that the innovative approach to entrepreneurship\u00a0 which the programme has adopted has enabled us to seamlessly integrate financial support, mentorship, and skill development to foster the growth of aspiring entrepreneurs.\u201d<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

He added, \u201cAt its core, the initiative addresses the unique challenges faced by small and medium-sized enterprises, as they recognize the sector\u00a0as the backbone of economic development. And Unity Bank’s commitment to financial inclusion is exemplified through tailored financial solutions that empower corp members\u00a0to actualize their business dreams.”<\/p>\n

Ojesina further explained that \u201cthe mentorship provided to participants\u00a0adds unparalleled value, as it connects corp members\u00a0with seasoned professionals who provide insights, guidance, and a roadmap for success,\u201d emphasizing how Unity Bank recognizes that true empowerment extends beyond financial assistance to\u00a0honing entrepreneurial skills\u201d.<\/p>\n

The Corpreneurship Challenge\u00a0has earned the Bank national recognition for its impact on youth empowerment and job creation, just as the scheme\u00a0continues\u00a0to elicit growing interest among the corps members, attracting over 2000 applicants and participation in every edition.<\/p>\n

In partnership with the NYSC Skill Acquisition and Entrepreneurship Development, SAED, the initiative prominently features a business pitch presentation that provides the participants with the opportunity to present their business plans and stand a chance to win up to N500,000 cash in the business grant.<\/p>\n

So far, Unity Bank has invested over N100 million in the initiative which has now produced 148 winners since it was launched.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Retail lender, Unity Bank Plc has extended N10 million business grant to 30 members of the National Youth Service Corps, NYSC, who took part in the 10th edition of the Bank\u2019s flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge.\u00a0\u00a0<\/p>\n","protected":false},"author":6,"featured_media":77634,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[2775],"coauthors":[2391],"class_list":["post-77631","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-unity-bank"],"yoast_head":"\nUnity Bank Holds 10th Edition of Corpreneurship Challenge; Agropreneurs, Others Win N10M Business Grant\u00a0 - National Wire<\/title>\n<meta name=\"description\" content=\"Retail lender, Unity Bank Plc has extended N10 million business grant to 30 members of the National Youth Service Corps, NYSC, who too\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/unity-bank-holds-10th-edition-of-corpreneurship-challenge-agropreneurs-others-win-n10m-business-grant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unity Bank Holds 10th Edition of Corpreneurship Challenge; 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