Home News Government, Industry Captains Commend Kickstart Initiative For Empowering Young Entrepreneurs

Government, Industry Captains Commend Kickstart Initiative For Empowering Young Entrepreneurs

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Government dignitaries, heads of agencies, and captains of industries were in attendance at the sixth edition of the youth enterprise empowerment scheme, Kickstart Initiative Awards Ceremony which held in Lagos recently.

The corporate social investment scheme initiated by the International Breweries Foundation, the CSR arm of International Breweries Plc, a part of the world’s largest brewers – AB InBev gave out grants totalling N60 million cash to 50 young entrepreneurs across Nigeria as well as training, mentoring and ancillary costs worth another N40 million to other teeming youths.

Kickstart Initiative empowers young entrepreneurs between the ages of 18 and 35 and has been activated in the South-Western and South-Eastern parts of Nigeria since 2015 before evolving into a full-scale national programme in 2019.

With agriculture, circular packaging (recycling), water stewardship, renewable energy, retailing and others as this year’s focus areas, individual winners received grants ranging from N400,000 to N3 million, and for the first time, the people living with disabilities category was introduced to the list of awardees.

In his welcome address, Managing Director, International Breweries Plc, Hugo Rocha said: “For us, the Kickstart initiative is an avenue to bridge the unemployment gap by giving life to the dreams and aspirations of millions of bright and enterprising young people across Nigeria.

“in the past six years, our Foundation has awarded close to N400m in grants to about 800 beneficiaries and trained close to 1,200 youths on entrepreneurship skills.”

Advisory Board Chairman, International Breweries Foundation, Mr. Peter Bamkole charged awardees to make good use of the training they received, work with their mentors, and judiciously channel the grant provided to grow their businesses.

Principal Consultant, AD Consulting and Keynote Speaker at the event,Mrs. OlajumokeAdenowo noted that the best time to explore entrepreneurship is when one is young as it affords individuals the opportunity to channel all their creativity and energy into building something remarkable, without the distractions that come with age.

Kickstart contributes to Goals 1 and 8 of the United Nations Sustainable Development Goals on Poverty Reduction, Decent Work and Economic Growth.

 

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