Connak Foundation Gives $60,000 Start-up Grant, Training To Nigerian Entrepreneurs
A non-governmental organisation, Connak Foundation Entrepreneurship Initiative (COFEI), has trained about 150 entrepreneurs across Nigeria.
The young entrepreneurs, after going through rigorous training for about 12 weeks at various boot camps in Abuja, Lagos and Abia and online intensive training, 50 got start-up grants of $5,000 totaling $60,000.
Addressing newsmen at the award ceremony during the weekend in Abuja, the chief executive officer, Carole Emeka-Sunday, said the initiative was targeted at raising more economically independent youths in the country.
She said the foundation had designed modalities and mechanisms to check the progress of those that would be receiving the grants.
“We want to raise more Dangotes. We want to see economically independent youths, economically independent Nigerians. It is not just one person, we want to actually replicate more CONNAK foundations,” she said.
She called on the federal government to prioritise entrepreneurs and ensure more funding to develop their initiative.
