Business

Access Bank partners NYSC to promote entrepreneurship with N30 million grant

Access Bank Plc, through the Accesspreneur program in partnership with the National Youth Service Corps [NYSC], has empowered 20 NYSC corps across the country with unique ideas with N30 million in grants.

The Access Bank noted that a total of N30 million was given out to corps members with winning entrepreneurial ideas in Abuja, Akwa Ibom, Bayelsa, Edo, Ekiti, Ogun, Ondo, Oyo and Rivers states with the star winners receiving N1 million each.

The Group Head, Consumer Banking, Access Bank Plc, Adaeze Umeh stated this during the National Youth Service Corps (NYSC) Access Bank Accessprenuer competition in Abuja.

“Access Bank has been in a strategic partnership with NYSC since 2016. The relationship further evolved into the launch of Accessprenuer: The NYSC edition in February 2021. So far, we have completed six editions of the Accessprenuer competition, impacting over 390 corps members with over N165m seed capital. We have 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” Adaeze concluded,

Some of the beneficiaries of the Accessprenuer competition expressed their profound gratitude to the bank for the financial support adding that it will go a long way to helping them achieve their dreams.

Abuja star-prize winner, Laura Momodu, a fashion designer thanked the bank for the gesture.

She said, “I thank Access Bank. I didn’t expect to win because fashion designing is something that everybody does. I want to say that I do not take this for granted and you will definitely see my name on TVs and billboards.”

Also, the first runner-up, Vivian Charles who was awarded with N750,000 for her ideas on healthy spices used for meals, was full of appreciation to the bank.  She said, “I say a very big thank you to Access Bank; Access Bank has been able to help me achieve my dream in no small way. This is huge; this is massive to my business and will actually help me push forward.

“A very big thank you to Access Bank and I pray that utilizing this cash for what it is actually meant for, my business will not just grow but be heard across the globe.”

The Bank also rewarded other Corp members in the 3rd, 4th, 5th, 6th -10th positions with N400,000, N250,000, N150,000, and N100,000 respectively.

Felix Oloyede

Felix Oloyede is a Mass Communication graduate with 19 years experience in journalism. He has worked with TheWeek Magazine; Mirror Newspapers; West Africa BusinessNews and BusinessHallmark Newspaper. Oloyede has covered different news beats ranging from crime; arts; politics; commerce and industries to finance and economy. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School. He is an alumnus of Bloomberg Media Initiative Africa. He has also attended different trainings on Media Communication at the Lagos Business School.

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