Heritage Bank Sets Aside N500m Grant For Small-Scale Industries

Heritage Bank Limited, has unveiled N500 million Young Entrepreneurs and Students (YES) grant for the real sector.

Managing Director of the bank, Ifie Sekibo said this is part of the bank’s support for entrepreneurship and small-scale industries in the country.

Sekibo explained that the bank’s support for the programme arises from the fact that the initiative aligns with the vision of the bank which is to help create, preserve and transfer wealth across generations in the country.

He further noted that the bank will support the project in terms of training the beneficiaries, disbursement of the grant as well as in the monitoring and evaluation of the project’s milestones as agreed with the beneficiaries.

We have been playing strongly in the education and Small and Medium Scale Enterprises (SME) sectors of the economy. This project syncs with our mission and vision as a bank. The age bracket of 18 to 40years for the beneficiaries also aligns with our corporate goal, just like the key sectors which include agriculture, ICT and creative industry, identified for the project are pivotal for economic growth” he said.