Breaking News Nigeria, Latest Nigerian News
  • Home
  • News
    • Business
    • Politics
    • Science
    • World
    NewsShow More
    yanga
    Unity Bank targets millions of underbanked women in Yanga marketing campaign
    August 16, 2022
    peter obi
    What we will do immediately after winning 2023 election – Peter Obi
    August 11, 2022
    Olusegun Obasanjo
    Africa will decide its energy future – Obasanjo
    August 11, 2022
    peter obi
    BREAKING! Peter Obi meets US Consular-General, William Stevens
    August 10, 2022
    war on corruption
    Buhari’s war on corruption comes to a successful end
    August 10, 2022
  • Politics
    • Politics Featured Section
    • Politics Story for You
    PoliticsShow More
    peter obi
    What we will do immediately after winning 2023 election – Peter Obi
    August 11, 2022
    peter obi
    BREAKING! Peter Obi meets US Consular-General, William Stevens
    August 10, 2022
    war on corruption
    Buhari’s war on corruption comes to a successful end
    August 10, 2022
    peter obi
    Why it is near impossible to impeach Peter Obi even if Labour Party does not control the National Assembly
    August 8, 2022
    Caroline Danjuma
    BREAKING! Akwa Ibom AAC governorship candidates picks Caroline Danjuma as running mate
    July 18, 2022
  • Business
    • Business Editor’s Pick
    • Business Featured Section
    • Business Story for You
  • SMARTKOBO
  • Entertainment
    • SportsNews
    EntertainmentShow More
    biyi bandele
    Biyi Bandele: 13 things you didn’t know about Blood Sister director who died this week
    August 11, 2022
    Stella Damasus
    Stella Damasus joins NW Tech Capital as Lead Talent Acquisition Consultant
    August 11, 2022
    screenwriting made easy
    Screenwriting Made Easy: How to write and sell your movie scripts in Nigeria
    August 9, 2022
    the man from toronto
    Netflix & Chill: See “The Man from Toronto” for hilarious, fun weekend
    August 5, 2022
    Baba Ijesha
    Nollywood Actor, Baba Ijesha jailed 16 Years For Sexually Assaulting 14-Year-Old Girl
    July 14, 2022
  • #2023Elections
Reading: Oko Polytechnic student, 29 other NYSC members win N10m cash prizes in Unity Bank Corpreneurship Challenge
Share
Notification Show More
Latest News
yanga
Unity Bank targets millions of underbanked women in Yanga marketing campaign
August 16, 2022
peter obi
What we will do immediately after winning 2023 election – Peter Obi
August 11, 2022
biyi bandele
Biyi Bandele: 13 things you didn’t know about Blood Sister director who died this week
August 11, 2022
Olusegun Obasanjo
Africa will decide its energy future – Obasanjo
August 11, 2022
Stella Damasus
Stella Damasus joins NW Tech Capital as Lead Talent Acquisition Consultant
August 11, 2022
Aa
Aa
Breaking News Nigeria, Latest Nigerian News
  • Home
  • News
    • Business
    • Politics
    • Science
    • World
  • Politics
    • Politics Featured Section
    • Politics Story for You
  • Business
    • Business Editor’s Pick
    • Business Featured Section
    • Business Story for You
  • SMARTKOBO
  • Entertainment
    • SportsNews
  • #2023Elections
Have an existing account? Sign In
Follow US
  • Home
  • News
  • Politics
  • Business
  • SMARTKOBO
  • Entertainment
  • #2023Elections
© 2022 Nigeria Today News. All Rights Reserved.
Breaking News Nigeria, Latest Nigerian News > Breaking News > Oko Polytechnic student, 29 other NYSC members win N10m cash prizes in Unity Bank Corpreneurship Challenge
Breaking News

Oko Polytechnic student, 29 other NYSC members win N10m cash prizes in Unity Bank Corpreneurship Challenge

Kehinde Sallah
Kehinde Sallah June 9, 2021
Updated 2021/06/09 at 11:37 AM
Share
Corpreneurship
CAPTION: L-R: Mrs. Jane Okpongette, Assistant Director, Corps Inspection and Monitoring; Mr. DeVoe Okorie, Head Brand Marketing & Communications, Unity Bank Plc; Agu Ogechukwu Lilian, Overall Winner of Corpreneurship Challenge; Mrs. Chinyere Ekwe, NYSC Akwa Ibom State Cordinator; Victor Obichukwu Chidebere, Second place winner of the Corpreneurship Challenge; Abiona Elizabeth Oluwayenisi, third place winner of the Corpreneurship Challenge; Mr. Etop Ukpe, Uyo Regional Manager, Unity Bank Plc and Captain Atawodi S.A, NYSC Akwa Ibom Camp Commandant during the cheque presentation to winners of Corpreneurship Challenge at Akwa Ibom NYSC Orientation camp recently.
SHARE

Unity Bank Corpreneurship challenge supports 30 winners with N10M

No fewer than 30 winners have emerged in the fifth edition of Unity Bank Plc’s flagship business plan competition, Corpreneurship Challenge, which held across ten states last week.

The 30 winners who won cash prizes totalling N10 million emerged during the final business pitch in the fifth edition of the contest for NYSC 2021 Batch A Stream II Orientation Course, which took place simultaneously across ten NYSC camps in Lagos, Ogun, Benin, Abuja and Akwa Ibom.  

Other NYSC camps where winners emerged also included Ogun, Kano, Sokoto, Enugu and Osun.

As in the previous editions, the cash prizes included a N200,000 business grant for each of the second runner ups; N300,000 business grant for the first runner ups and a star prize of N500,000 for each of the ten winners. 

- Advertisement -

READ ALSO: Unity Bank partners RIFAN on Ekiti rice pyramid project

Some of the winners included Monday Love Sheba, Adeoye Janet and Essien Nsikak in Bayelsa camp, while Agu Ogechukwu Lilian, Obichukwu Victor and Abiona Elizabeth emerged as the winners in the Akwa Ibom State camp.  

In Ogun, Olisa Sofia, Chiamaka Goldleen and Ifeanyi Onoh emerged winners to claim the cash prizes. Ekpenyong Paul Gabriel also emerged as the winner in Sokoto.

The initiative attracted massive interests among the corps members, as over 1000 applications were received but only 100 were shortlisted for the pitching session from where the thirty winners emerged. 

- Advertisement -

The contestants’ business plans which ranged from fashion, fish production, poultry farming, retail chains, piggery to beverages were assessed on originality, marketability, future employability potential of the product and knowledge of the business.  

Recall that Unity Bank debuted the Entrepreneurial Development Initiative in 2019, to specifically target corps members, as part of efforts to contribute to job creation in Nigeria. The initiative has produced 48 winners since 2019 when it debuted.

Speaking at the finale in Akwa Ibom State, the overall winner, Lilian Agu, a graduate of Mass Communication and Chinese Language from Federal Polytechnic, Oko expressed gratitude to Unity Bank for the opportunity to actualise her dream of establishing a fashion outfit. 

“With this money, I plan to buy an industrial machine, rent a studio, buy a generator and buy some fabrics and start from there. Unity Bank has made my dream come true. I am not from a rich home and I have been dreaming and working hard to start a fashion business, but this grant has made that dream a reality. God bless Unity Bank,” she said.

Also, speaking during the finale in Akwa Ibom NYSC camp, the Divisional Head, Retail, SME Banking and E-Business Directorate, Unity Bank Plc, Mr. Olufunwa Akinmade, said the competition has proved to have a great impact on youth empowerment in the country. 

“The Unity Bank Corpreneurship has a very positive impact, not only for the corps members but for the entire youth population in Nigeria. It is a way to support the young men and women who are just graduating from the university to grow.

“You will agree that it is not easy today to come out of the university and get a paid job, and so at this tender age, it is good that they imbibe that culture of entrepreneurship, and then with the financial support that they get from Unity Bank and the knowledge that they have acquired through the competition, they will be able to grow from job seekers to employers of labour.”

Represented by Mr. Etop Ukpe, the Uyo Regional Manager, Mr. Akinmade reiterated that “The grants are not a loan and the winners are expected to channel the funds to profitable ventures to achieve the objectives of the scheme.”

Going down memory lane, Mr. Akinmade recalled that what started in 2019 with a pilot in four states have now expanded to ten additional states and is well on its way to achieving national coverage. 

He said: “We started Corpreneurship in 2019, with a launch in Lagos and in three other states which included Edo, Ogun, and Abuja. So, today we have expanded it to ten locations, and it has been hugely successful.

“This is a programme that will stand the test of time, but all we are doing is to support NYSC corps members to start their own business no matter how small and then grow with it. Unity Bank will continue to be part of their journey, to offer them a startup capital as well as business mentorship.”

TAGGED: nigeria today, nigeria today news, NYSC, Oko Polytechnic, Unity Bank Corpreneurship
Kehinde Sallah June 9, 2021
Share this Article
Facebook TwitterEmail Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

yanga
Breaking NewsBusiness

Unity Bank targets millions of underbanked women in Yanga marketing campaign

August 16, 2022
peter obi
Breaking NewsPolitics

What we will do immediately after winning 2023 election – Peter Obi

August 11, 2022
biyi bandele
Breaking NewsMovie

Biyi Bandele: 13 things you didn’t know about Blood Sister director who died this week

August 11, 2022
peter obi
Breaking NewsPolitics

BREAKING! Peter Obi meets US Consular-General, William Stevens

August 10, 2022
nigeria today news logo
Nigeria Today News logo

Subscribe to our newsletter

Please wait...
Want to be notified when our article is published? Enter your email address and name below to be the first to know.

Most Recent News

yanga
Unity Bank targets millions of underbanked women in Yanga marketing campaign
Breaking News Business August 16, 2022
peter obi
What we will do immediately after winning 2023 election – Peter Obi
Breaking News Politics August 11, 2022
Olusegun Obasanjo
Africa will decide its energy future – Obasanjo
News World August 11, 2022
peter obi
BREAKING! Peter Obi meets US Consular-General, William Stevens
Breaking News Politics August 10, 2022
war on corruption
Buhari’s war on corruption comes to a successful end
Breaking News Politics August 10, 2022

Most Viewed Posts

  • World cup qualifiers: See the full list of 30 players invited to represent Nigeria (435)
  • BREAKING! Flutterwave shuts down Barter virtual dollar card services, to terminate all cards by July 17 (331)
  • Oyo South senatorial primaries abandoned due to irregularities (319)
  • Ike Ekweremadu faces up to 10 years in UK prison (272)
  • WAWU! Flavour marries first baby mama Sandra Okagbue (265)

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow

© 2022 Nigeria Today News. All Rights Reserved.

  • About
  • Privacy & Policy
  • Terms
  • Contact
Please wait...

Subscribe to our Nigeria Today News

Want to be notified when our article is published? Enter your email address below to be the first to know.
SUBSCRIBE

Removed from reading list

Undo
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Register Lost your password?