Life Beer Gives Additional N3m Grant to 12 Entrepreneurs
Life Continental Beer, a brand under the stables of Nigeria Breweries, has given additional N3million cash grant to 12 young entrepreneurs within the South-East to boost their business ideas.
It would be recalled that Life Beer had earlier given out N3million to 12 young entrepreneurs in its on-going “Life Continental Beer Progress Booster Radio Project’’ about a month ago.
The Head of Brewery, Ama, Mr Abiodun Ajayi, told newsmen last week that the brand had earmarked N14.5 million grant to boost 50 young entrepreneurs, who reside and hail from Abia, Anambra, Ebonyi, Enugu and Imo.
The 12 second set of winners are: Mr Ekenne Okpadile (Anambra), proposal on domestic and commercial cleaning services; Mr Uzochukwu Okwor (Enugu), proposal on Photography; Mr Onyinye Onyedika-Orizu (Anambra), proposal on DJ Turn-Table and Miss Miracle Akagha (Abia), proposal on mobile small fries.
Others are: Miss Chinwe Ottor (Anambra), proposal on giant snail farming; Mr Maxwell Madubuike (Enugu), proposal on palm oil production; Mr Christian Udeh (Anambra), proposal for paint making and Mrs Chinwendu Nwoye (Anambra), proposal on fashion designing.
The rest include: Miss Ngozi Ogboh (Anambra), proposal on shoe making; Mr Prosper Nduba (Enugu), proposal on soya milk production; Mr Solomon Agabaenwere (Anambra), proposal on commercial tricycle operation and Mr
Chukwuemeka Etummu (Anambra), proposal for garment making for wholesale.
Handing over the cheque of N250,000 to each of the 12 winners in Nigeria Breweries, Ama, Enugu; Ajayi urged the winners to ensure that their investment is yielding enough returns to make become employers of labour.
“With this, life has supported 24 talents since the commencement of the programme in May and 26 more to go.
These young entrepreneurs whose business ideas have been adjudged worthy of Life Progress Booster prizes will each receive N250,000 grant to bring their business ideas to life.
“As you receive these cash grants today, we expect you to succeed in the business line you have chosen. Make judicious investment of the money given you and ensure that your investment is yielding returns and your business
capable of making you an employer of labour as you trudge on in your business journey.
“If you succeed in taking your business idea to the next desirable level, you stand a chance of going further to win more money (additional N250,000 to be won each by eight winners). The panel of experts that assessed and
judged your business proposals will be monitoring your progress and they will be there to mentor and provide valuable advice when necessary,’’ Ajayi said.
He however emphasized that budding entrepreneur, whose business proposals would be considered, must have a workable business idea, be from the South-East extract, reside in the zone and attained 18 years.
It would be recalled that Life Continental beer in June was awarded Gold in the prestigious Monde International Quality Award 2015; while “the award reinforces that Life beer is a high quality beer and has been recognized
internationally with the award of a Gold medal for quality’’.
One of the winners, Mrs Chinwendu Nwoye (Anambra), whose business proposal is fashion designing, said that the grant would enable her buy cloth designing machines and have a good layout display stand in her shop in Awka, Anambra State.
“It would go a long way to assist me stock the latest fashion designing machines; which would make my production more appealing, automated and meet the needs of my individual and corporate customers especially UNIZIK
students,’’ Nwoye said.
Another winner, Mr Maxwell Madubuike (Enugu), whose business proposal is on palm oil production, said that the grant would enable him stock more palm fonts and buy latest machines for the business in order to produce more and check wastage.