Loan Grant of N400,000 for Young Entrepreneurs – Free Loan

Loan Grant of N400,000 for Young Entrepreneurs – This is not a Loan Application.

The sixth edition of the youth enterprise empowerment scheme, Kickstart Initiative Awards ceremony, was attended by government dignitaries, heads of agencies, and captains of industry in Lagos.

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The International Breweries Foundation, the CSR arm of International Breweries PLC, a proud member of the world’s largest brewers – AB InBev, initiated a corporate social investment scheme that provided grants totaling N60 million to 50 young entrepreneurs across Nigeria, as well as training, mentoring, and ancillary costs totaling another N40 million to other youths.

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Kickstart Initiative empowers young entrepreneurs between the ages of 18 and 35, and it has been active in Nigeria’s Southwest and Southeast since 2015, before evolving into a full-fledged national programme in 2019.

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

“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,” said Hugo Rocha, Managing Director of International Breweries PLC.

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Yetunde Arobieke, Lagos State Commissioner for Wealth Creation and Employment, praised Kickstart’s commitment to empowering tomorrow’s business leaders.

Mrs. Bamidele Abiodun, the governor’s wife of Ogun State, expressed delight at the program’s model and impact.

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