Unity Bank has disbursed over N270 million in grants to young Nigerian entrepreneurs under its Corpreneurship Challenge initiative, bringing the total number of beneficiaries to 608 since its inception in 2019.
The bank’s entrepreneurship development program, implemented in partnership with the National Youth Service Corps (NYSC) through its Skill Acquisition and Entrepreneurship Development (SAED) program, aims to equip recent graduates with the necessary funding, confidence, and support to launch and scale viable businesses.
In the latest edition of the Corpreneurship Challenge, 30 youth corps members emerged as winners, receiving grants to kick-start or expand their ventures. The winners were selected from orientation camps across 10 states in Nigeria.
Unity Bank’s Divisional Head, Retail & SME, Mrs Adenike Abimbola, reaffirmed the bank’s commitment to youth empowerment and MSME development, saying, “At Unity Bank, we recognise that entrepreneurship remains one of the most effective tools for tackling youth unemployment and driving inclusive economic growth.”
Abimbola added that the program’s impact extends beyond grants, resulting in lasting livelihoods and contributing to national development. “Small and medium-scale enterprises are the backbone of any resilient economy. By supporting corps members at the earliest stage of their entrepreneurial journey, we are helping to build businesses that can create jobs, stimulate local economies, and contribute meaningfully to national development.”
The Corpreneurship Challenge provides a competitive platform for corps members to pitch business ideas, with successful participants receiving financial grants and exposure to business guidance and mentorship.
By sustaining and expanding the initiative, Unity Bank reinforces its role as a strategic partner in Nigeria’s entrepreneurial and MSME development landscape.
