He added, “This is how we contribute to the economic growth of the country.”
To ensure transparency, participants submitted detailed business operations for review by a jury. Prequalified candidates then entered a raffle draw. The disbursement was structured to impact various levels of entrepreneurship, with one person getting N2 million grant; five persons got N1,000,000; seven got N500,000; 90 were awarded N50,000 each and over 900 got grants of N10,000 each.
Mary Anu, winner of the N2 million grant expressed gratitude to both the convener and Premium Trust bank for the business grant which came as a surprise but a huge boost to her business.
Executive Director of Digital and E-Business at Premium Trust Bank, Shina Atilola, oversaw the distribution, noting the bank’s commitment to supporting the next generation of Nigerian entrepreneurs.