Lagos 18/12/14: Two young entrepreneurs and alumni of Resource Intermediaries Limited (RIL) Finishing School have received N.5m grants each to start their businesses. The awardees were picked from several other entrants after a rigorous screening process.
At the Grant Award Ceremony which held at Bistro 7 in Victoria Island, Lagos, on Tuesday, December 16, 2014 the Managing Director of RIL, Mr. Olusoji Oyawoye encouraged the winners ‘to use the grant judiciously and become employees themselves as the grant was more than just giving them a means of self-employment.’’
The winners Oluyemi Gabriel Ogunnaike and Oluwatosin Mary Oguntuga expressed their gratitude and promised to make the best use of the opportunity they have been given. Mary, a graduate of Olabisi Onabanjo University runs Delight Kitchen, which provides homemade soup for as low as N300 in Ijebu Ode, with orders and payments made online. Gabriel runs an event management and rentals business.
Speaking about the event, Tutu Okunubi of RIL said, “The RIL Finishing School is for young graduates and school leavers, where we train them on how to be entrepreneurs, how to run their own businesses, and generally prepare them for the job market. It’s also called the entrepreneurs Skill Program. We give half a million naira grant to the person with the best business plan, twice a year.”
Resource Intermediaries Limited funds the award from its coffers because it understands the need to encourage excellence and entrepreneurship.
A past winner of the grant, Tosin Fagbola, speaking to the awardees confessed that it has not been easy but encouraged them to put in their best and be ready to take risks.
Another past winner, Deborah Akinoso of Fintex Multi, makers of household cleaning agents and air fresheners spoke on the need to always be aware of market needs and plan accordingly.
Also present at the event was Mr. Ido Ohiwere, RIL Director, Mr. Alex Okoh, Chairman RIL and Mrs Betty Egbuna, a representative of the Pan African University.
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