Omo, as e be, the Federal Government don land big gist for Naija youths wey dey hustle! Dem don unveil the GROW Fund wey go provide affordable finance for over 6,000 young entrepreneurs wey don sabi work under the Inspire, Create, Start and Scale programme. Na wetin we dey call genuine support for micro and small businesses for dis obodo land!
Dis whole matter happen for Abuja, and e dey powered by Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). Dem dey collaborate with Germany Society for International Cooperation, Society for Organisation, Planning and Training, and Kaduna Business School. Na real partnership wey go bring better change!
Minister of Youth Development, Ayodele Olawande, no dey carry last sha. Him talk say government dey ready to make sure say di training wey youths dey receive go turn into real money-making opportunity. According to am, access to finance don dey hold many young entrepreneurs back, but dis GROW Fund na di solution dem need!
Olawande no just stop there; him dey push for reforms wey go make skill training dey yield correct results. E talk say dem get plans to connect young people wey dey learn with cash and markets, so them no go just dey learn for the sake of learning.
Dem don tire for 40 years of constant training without tangible returns. Omo, when you hear di minister yarn, you go sabi say e dey vex! E make am clear say training must balance with capital for the youths to take shine.
As e be, dem dey target youth-led ventures for agriculture, tech, creative industry, and manufacturing. Di koko na to prepare these entrepreneurs well so dem fit take their hustle to di next level!
Charles Odii, di Director-General of SMEDAN, enter di matter with serious gist. Him talk say di GROW Fund go finally fix di wahala between training and access to cash; dem no go fit just dey train people without connecting dem to finance.
Omo, guess wetin? Dem don target 6,122 hungry entrepreneurs wey ready to work, and dem go partner with banks wey hold cash so dem fit shine. One of di beneficiaries wey don pitch for competition secure $40 million wey judges hail as di best plan. Na so we sabi say di gists dey hot!
No be only dat, dis loan go get single-digit interest — dem sabi say finance for Naija dey expensive before. E mean say as they dey get support, dem go create more jobs!
Dem don carry di GROW Fund waka from Niger to Lagos, and dem no go stop there! Di Head of Development Cooperation for German Embassy, Karin Jansen, don shout support for di initiative. E talk say dem dey yan real growth stories for different levels of entrepreneurs.
Jansen emphasize say alone training no go fit solve di wahala, especially access to finance wey dey kill many Startups. Na so di GROW Fund dey dream to change di narrative, create mentorship, and responsible funding for all. E fit even put Naija youths for di forefront of economic transformation.
Nigeria’s MSME sector dey vex under pressure, but with this GROW Fund, we dey hope say di tide go turn for young people wey dey hustle. E get serious plans to connect youths with financial support wey go help dem scale their businesses!
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