November 20, 2024
Unity Bank Corpreneurship Challenge produces more winners

Unity Bank Corpreneurship Challenge produces more winners

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Unity Bank’s flagship business plan competition for National Youth Service Corps members, Corpreneurship Challenge, has produced three more winners.

The winners who include Ejidike Vitalis, Aromire Yusuf, and Sanni Adeola emerged during the final pitch for NYSC 2020 Batch B, Stream 1B corps members, held at the Lagos NYSC Orientation camp on Monday.

A Zobo beverage processing plant business plan by Ejidike Vitalis, a Pharmacy graduate from Nnamdi Azikiwe University, Awka emerged the best plan, winning the N500,000 grant.

Other winners include a fish farm business plan by Aromire Yusuf which clinched the N300,000 business grant, while Sanusi Adeola’s Garri Processing plant business plan won the third place to take home N200,000 business grant.

A total of seven youth corps members pitched their business plan in agribusiness, fashion design, baking and confectionaries, etc.
The contestants’ business plans were assessed on originality, marketability, future employability potential of the product and knowledge of the business.
The Group Head, Retail and SME Banking, Unity Bank Plc, Mr. Olufunwa Akinmade, said the competition was to encourage more youths with clear intentions to expand or start profitable ventures.

“Corpreneurship is what we started last year, we started last year with season one. We launched it in Lagos and in three other states, which include Edo, Ogun, and Abuja. So, today we are in four locations as we speak right now; is been one year we have been running this and it has been hugely successful.”

“This is a programme that will stand the test of time, but all we are doing is to support NYSC corps members to start their own business no matter how small and then grow with it. Unity bank is there and we are offering them a financial, mentorship as well as business mentorship.”

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