Senator Asuquo Ekpenyong Jnr has facilitated small-scale business grants worth 100 million naira for young entrepreneurs and women in the Southern Cross River Senatorial District. The initiative, in partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), aims to boost entrepreneurship and economic growth in the region.
At the grant distribution event held at Channel View Hotel, Calabar, Senator Ekpenyong emphasized the importance of using the funds wisely to expand businesses and create jobs. He commended the beneficiaries for their dedication and determination, urging them to utilize the grants to drive sustainable economic development and empower their communities.
This initiative promotes inclusivity and equal opportunities for all, particularly young entrepreneurs and women. With this capital injection, beneficiaries are set to scale their enterprises, stimulate innovation, and drive socioeconomic progress in Southern Cross River. Congratulations to all the beneficiaries, whose resilience and ambition embody the spirit of enterprise and progress in the region.