N50m Business Grant Distributed To Youths In Anambra

No fewer than 24 persons across the South East have received N50 million entrepreneurship grant from IntaFact Beverages for Small and Medium Enterprise, (SME).

The event organized under the umbrella of Intafact Hero's Foundation Kick programme was geared towards empowering the next generation of entrepreneurs.

The N50m was disbursed to the recipients based on their degree of business plans.

Governor Willie Obiano who presented the cheques, said the scheme is in line with his youth developmental agenda to empower Anambra youth.

The Governor said his administration established Anambra Small Business Agency to alleviate the sufferings of people through disbursement of loans to boost their businesses.

He noted that his government is coming with more schemes to inject money into circulation in order to reduce the effects of the economic recession.