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MSME fund: Edo, BoI partner to empower 31 firms with N2b

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Factual Pursuit of Truth for Progress

 

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Offer letters have been given to 31 selected businesses by the Edo State Government, in partnership with the Bank of Industry as beneficiaries of the state’s N2b MSME Fund.

The fund is a project of Governor Godwin Obaseki to provide financial and support services to qualified Micro, Small, and Medium Enterprises in the state, targeting over 50,000 businesses.

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Some of the companies that received the fund include Seebuck Leather Ventures, Prospect Farms, MS Above Enterprise, EDHIR Global Nigeria, and Global Ehimax Trading.

The Managing Director, Edo State Skills Development Agency, Ukinebo Dare, who represented Obaseki at the event, urged business owners to take advantage of the different opportunities provided by the state government to stimulate economic activity in the state.

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The offer letters were presented to the beneficiaries by Dare; the State Manager, BoI, Mr Christopher Omogiade, and the Edo State MSME Project Coordinator, Mr Collins Idiahi.

Omogiade, while thanking the governor, said the next phase involves the preparation and submission of attestation and acceptance letters for legal counsel.

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