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1,000 Young Entrepreneurs in Nigeria Receive N24M Business Grants at YMR 2025

Business
Legit NG
1 min read
1,000 Young Entrepreneurs in Nigeria Receive N24M Business Grants at YMR 2025

At the YMR 2025 event, organized by Premium Trust Bank, 1,000 young entrepreneurs in Nigeria were awarded business grants totaling N24 million. The initiative aims to support micro, small, and medium-sized enterprises (MSMEs) by helping young business owners expand operations, improve products, and build sustainable sources of income.

The grants, ranging from N500,000 to N2 million, were awarded through a multi-stage selection process. Beneficiaries like Mari Anu, who received N2 million, described the grant as a major boost to their businesses.

The program also offers mentorship, business advisory services, and financial support to enhance the entrepreneurs' skills and operations.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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