• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 10, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Foundation Equips 347 Young Entrepreneurs With Training, Grant

by Jonathan Nda-Isaiah
3 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Three hundred and forty-seven young Nigerian entrepreneurs have received training and certification, with some among them receiving between $5,000 and lower start-up grants, from Connak Foundation, a non-profit organisation.

Advertisement

The grant followed an 11-week intensive online entrepreneurship training, organised by the Foundation to mark its 10th year anniversary.

In a statement by the chief executive pfficer, Mrs. Carol Emeka Sunday, the Foundation said the training and grant emphasise the vision of Connack “to tackle youth unemployment”.

“Connak Foundation is poised to strengthen the economic capacity of the youths to become agents of change in their communities; which resulted to the birthing of Connak Foundation Entrepreneurship Initiative (CoFEI),” it said.

According to the statement, 9711 participants (6,629 males and 3077 females), from across the country were recruited for the training, after which an evaluation for the most qualified was done.

RELATED

Bolt Engages Riders, Policymakers On Safer Urban Mobility

Bolt Engages Riders, Policymakers On Safer Urban Mobility

21 minutes ago
Energy Stakeholders Discuss Funding For Local Industry Players

Energy Stakeholders Discuss Funding For Local Industry Players

24 minutes ago

The programme was split into two, an online training, after which 450 participants were selected for a bootcamp in Umuahia, Abia state for the Southeast/South-South; Lagos for the Southwest and Abuja for the Northern part of Nigeria.

Activities at the bootcamp included devotion, sports, lectures, pitching of business proposals by each participant, as well as presentation of entrepreneurship training certificates with Central Bank of Nigeria/NMFB registration number.

“150 persons were allocated to each Bootcamp for entrepreneurship training, where they had to stay for seven days on camp and get enlightened by a facilitator who equips them on business ideas.

“At the end of the lectures held by the facilitator, participants are to pitch their business plans in the presence of the panel of judges, who strictly examine their business proposals and determine if they are qualified to win the grant of $5000 offered by Connak Foundation to support their business ventures.

“At the end of the bootcamp training, certificates were issued to each participant. The grant presentation would hold at a later date for the successful entrepreneurs,” the statement added.

Giving details of the experiences at the bootcamps, the statement said “in Abia, 150 participants were called up to Umuahia Bootcamp held at Trinity Theological Institute Afaraukwu. However, only 140 participants reported for camping. Five participants were disqualified due to their mischievous conducts on Camp. At the end, only 125 participants reached to the end of the training.

“In Lagos, the Lagos bootcamp was held at NYSC Camp in Iyana-Ipaja, with over 92 participants, who reported to camp. The participants were grouped from letter A-D. Each participant pitched their various business proposal after three days of intensive lectures by the lead facilitator, Dr. Emeka Unachukwu.

“In Abuja, bootcamp was held at the Federal Treasury Academy, Orozo, with 131 participants; 26 females and 105 males. However, one participant voluntarily exited the bootcamp to attend to other pressing matters.

“Sponsors of the Connak Foundation visited and encouraged participants to put in their best so that they can get the grant and utilise the money given to them for their businesses. They also made them to understand that the certificates issued to them was recognise by the Central Bank of Nigeria, which will enable them to obtain loans from the Bank”, it said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

100 MSMEs To Attend 2022 SMEDAN Fair

Next Post

ThriveAgric Unveils Strategy To Increase Local Food Production

Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

You May Like

Bolt Engages Riders, Policymakers On Safer Urban Mobility
Business

Bolt Engages Riders, Policymakers On Safer Urban Mobility

2025/07/10
Energy Stakeholders Discuss Funding For Local Industry Players
Business

Energy Stakeholders Discuss Funding For Local Industry Players

2025/07/10
Lawmakers Permitting Hard Drug Use In Homes, Offices  – Kawu
News

N1.3trn Fraud: Senate Probes CBEX, Others

2025/07/10
Lawmakers Now Slaves To Executive –  Pat Utomi
News

Lawmakers Now Slaves To Executive – Pat Utomi

2025/07/10
Bandits Refuse To Free Ex-NYSC DG After Negotiation – Family
News

Again, Bandits Kill 13 In Niger

2025/07/10
Nigeria Pharma Industry Targets $10bn, Medicine Security
News

Nigeria Pharma Industry Targets $10bn, Medicine Security

2025/07/10
Leadership Conference advertisement

LATEST

Improving Mental Health Of Soldiers

Bolt Engages Riders, Policymakers On Safer Urban Mobility

Energy Stakeholders Discuss Funding For Local Industry Players

N1.3trn Fraud: Senate Probes CBEX, Others

Lawmakers Now Slaves To Executive – Pat Utomi

Again, Bandits Kill 13 In Niger

Nigeria Pharma Industry Targets $10bn, Medicine Security

Clash: 4 Killed In Anambra, Edo, Schools Shut

8-Member C’ttee Investigates Emir Sanusi’s Palace Attack

At Garba Shehu’s Book Launch, Tinubu Says He’ll Consolidate Buhari’s Reforms

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.