Unity Bank’s Corpreneurship Initiative has empowered 400 graduates in Nigeria with over N100 million in business grants over the past five years.
The initiative, otherwise called ‘Corpreneurship Challenge’ launched in 2019, aims to support young entrepreneurs and drive economic growth.
The program launched, In partnership with the NYSC Skills Acquisition and Entrepreneurship Development (SAED), in 2019 with pilots in four states, features a business pitch presentation where participants can win business grants.
Now operating in 10 states with 30 winners emerging, the Bank has increased the prize money to N16 million per stream, with winners receiving N800,000, N500,000, and N300,000 for the top three positions.
The program has made a significant impact in the business space, supporting budding entrepreneurs with mentorship, skills development, and financial backing.
Divisional Head, Digital Banking and Fintech Partnerships, at Unity Bank, Olufunwa Akinmade, led the pioneer team that designed the initiative and launched the pilot.
He is impressed by Corpreneurship Challenge’s rising profile as one of the leading sector-agnostic business incubators in Nigeria
The Divisional Head of Retail and SME Banking, Adenike Ambimbola highlighted the positive impact the Corpreneurship Challenge has made over the past five years with its innovative approach to youth empowerment and job creation.
The Corpreneurship Challenge has become one of the leading business incubators in Nigeria, supporting the growth of the SME sector.
Unity Bank remains committed to sustaining the program, making a greater impact on job creation and economic growth.
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