Home Features Firm Doles Out ₦2.7m To Anambra Entrepreneurs

Firm Doles Out ₦2.7m To Anambra Entrepreneurs

Listen to article

No fewer than 55 young entrepreneurs and entertainers in Anambra State have received the sum of ₦2.7million from the GSS Group of Companies in support of their various businesses.

Making the presentation on Friday in Awka, the firm’s Chairman and Chief Executive Officer, Arc Chukwudi Ezenwa, said the gesture was informed by the untold hardships the entrepreneurs suffered while the COVID-19 pandemic lasted, resulting in closure of some of their businesses.

Read Also: 81 Vulnerable Persons Turn Job Creators In Anambra State

He disclosed ₦2million was to support 20 young entrepreneurs while a cash palliative of ₦20,000 each was disbursed to 35 entertainers in the state capital.

He said, “We are aware that the entertainment sector suffered a great blow from the pandemic early this year as social events were brought to a halt, hence the need to support them.

“Over 3000 persons applied for the grant on my social media handles where it was announced after which the applications were critically scrutinized to ensure transparency.

“We didn’t just support the entertainers; we had a roundtable to discuss the future of entertainment in Anambra State. We have a whole lot of great business ideas from young persons but unfortunately, there is no financial support.

“I’ve been through this hurdle and perfectly understand how funding can make or mar businesses, hence my decision to support these young people. It gives me great joy watching young businesses thrive,” he said.

While commending the beneficiaries, Ezenwa urged them not to be deterred in their business growth but to focus on actualising their vision and dreams, just as he encouraged them to utilise the grant in giving their businesses the needed boost.

He also called on the government and wealthy individuals to lend support to the young entrepreneurs.

 

THE EASTERN UPDATES

- Advertisment -

Most Popular

Okigwe Zone Re-Run: INEC Boss Storms Imo

As politicians in the Okigwe zone put finishing touches towards the election rerun for the Imo North Senatorial Seat, the new INEC Boss, AVM...

LGA Chairmen: Gov Uzodinma Draws Battle Line With Rochas

The Governor of Imo State, Senator Hope Uzodinma has warned the Chairmen and Councilors elected under the administration of Owelle Rochas Okorocha not to...

Bring Proof Of My Plan To Instigate Violence In Ebonyi – Egwu

Former Governor of Ebonyi State, Senator Sam Egwu has asked security agencies to arrest him if it is proved that he, alongside other leaders,...

Governor Ikpeazu Does Not Intend To Join APC – PDP

The People's Democratic Party, PDP, on Saturday, said Governor Okezie Ikpeazu of Abia State does not have any desire to join the All Progressives...

Recent Comments