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ELOY Foundation has partnered with the First bank to provide entrepreneurial training and mentoring to Female owned businesses to help them grow.
Tagged ‘The ELOY Foundation Business Shower’ the empowerment program will hold in five states on different days; Lagos – on 23 June 2022, Port Harcourt – on 25 June 2022, Abuja – on 30 June 2022, Kano – on July 2, 2022, and Abia- on July 7, 2022.
The Business Shower will provide these businesses with a platform to win seed grants with their ideas and also grant them the opportunity to be part of the ELOY Foundation Sustainable Empowerment Programme 2022, and access to First Bank’s FirstGem single-digit loan if they are eligible.
To provide empowerment, the partnership focuses on the key sectors of the economy with a plan to give female entrepreneurs the exposure to needed business skills like training, networking and the ELOY foundation business Toolkit which is a compilation of business survival skills nuggets.
ELOY Awards Foundation was launched with the primary aim to empower women business owners through partnerships for access to grants and affordable finance, entrepreneurial training, mentoring and networking for sustainable empowerment.
For ELOY Awards Foundation, it is not enough to just speak of empowerment it must be sustained which was evident in the statement of Tewa Onasanya, the founder of the ELOY Awards Foundation.
She said,” it is not enough to talk about empowering business owners, it is very important to sustain empowerment by providing guidance towards their business progress and giving them access to different resources to help them continue to thrive.
“MSMEs are the backbone of any nation and there is a great need to sustain this chain of the economy. It is on this common ground that FirstBank has partnered with the ELOY Team to contribute meaningfully in empowering women to achieve fulfilment in their chosen business endeavours.”
With over 128 years in business, FirstBank has for long been playing a leading role in supporting women through various strategic empowerment, capacity building and mentorship programs for women in MSME, bringing its SMEConnect and FirstGem innovations to women in diverse fields and sectors of the economy including strategic empowerment like the one with ELOY Foundation.
Giving reason for the partnership with ELOY, Folake An-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank said,” We commend ELOY Foundation for their efforts on this initiative and the continued strengthening and inclusiveness of female-driven business endeavours is essential to the growth of the national economy. We are happy to partner with ELOY Foundation on its Business Shower. Together, we will drive the entrepreneurial viability of participants and expose them to business nuggets that will take their business to the next level.”
Female business owners are encouraged to send in their business pitch video and business plans to earn themselves a spot on the ELOY Foundation Sustainable Empowerment using the link below:
BADEJO ADEMUYIWA has 23 years experience as a Finance Writer, specialising in Insurance and Investigative Reporting.
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