{"id":26042,"date":"2024-12-06T14:26:23","date_gmt":"2024-12-06T14:26:23","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=26042"},"modified":"2024-12-06T14:26:25","modified_gmt":"2024-12-06T14:26:25","slug":"access-bank-awards-n17-5-million-grants-to-women-entrepreneurs","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/access-bank-awards-n17-5-million-grants-to-women-entrepreneurs\/","title":{"rendered":"Access Bank Awards N17.5 Million Grants to Women Entrepreneurs"},"content":{"rendered":"\n<p>Access Bank has awarded\u00a0<strong>N17.5 million<\/strong>\u00a0in grants to ten exceptional women entrepreneurs under its\u00a0<strong>Womenpreneur Pitch-a-ton<\/strong>\u00a0initiative. This program, in collaboration with the\u00a0<strong>International Finance Corporation (IFC)<\/strong>, is part of Access Bank\u2019s\u00a0<strong>W Initiative<\/strong>, aimed at fostering financial inclusion and scaling female-led enterprises across Africa.<\/p>\n\n\n\n<p><strong>Program Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Grand Prize Winner<\/strong>:<br><strong>Simkay Foods<\/strong>, led by Rejoice Usim, emerged as the top beneficiary, receiving\u00a0<strong>N5 million<\/strong>. She plans to use the grant to expand her farmer database platform from two communities in Zaria and Kaduna to 19 states in northern Nigeria.<\/li>\n\n\n\n<li><strong>Other Beneficiaries<\/strong>:<br>The remaining finalists were awarded grants ranging from\u00a0<strong>N500,000 to N4 million<\/strong>, supporting diverse business ventures.<\/li>\n\n\n\n<li><strong>Mini-MBA Certification<\/strong>:<br>The program also provides business training through mini-MBA certifications, equipping participants with essential skills for growth.<\/li>\n<\/ul>\n\n\n\n<p><strong>Program Impact<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Disbursed over\u00a0<strong>$175,000<\/strong>\u00a0in grants.<\/li>\n\n\n\n<li>Trained\u00a0<strong>645 participants<\/strong>\u00a0across\u00a0<strong>10 African countries<\/strong>.<\/li>\n\n\n\n<li>Built a robust alumni network of\u00a0<strong>513 women<\/strong>\u00a0through the\u00a0<strong>Womenpreneur Academy<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>The latest edition saw over&nbsp;<strong>30,000 applications<\/strong>, culminating in&nbsp;<strong>113 finalists<\/strong>&nbsp;completing the program.<\/p>\n\n\n\n<p><strong>Stakeholder Remarks<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Abiodun Olubitan<\/strong>, Group Head of the W Initiative, reiterated Access Bank\u2019s commitment to empowering women entrepreneurs. \u201cThis initiative combines financial support with mentorship and training to foster sustainable business growth,\u201d she said.<\/li>\n\n\n\n<li><strong>Christian Mulamula<\/strong>, Head of Office, Nigeria at the IFC, highlighted the broader economic impact:<br>\u201cEmpowering female entrepreneurs is not only about equity but also a vital driver of economic development.\u201d<\/li>\n<\/ul>\n\n\n\n<p><strong>Advancing Women-Led Enterprises<\/strong><\/p>\n\n\n\n<p>Access Bank\u2019s Womenpreneur Pitch-a-ton initiative exemplifies its dedication to creating opportunities for women entrepreneurs, combining grants, training, and mentorship to enable these businesses to thrive and contribute to Africa\u2019s economic development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Access Bank has awarded\u00a0N17.5 million\u00a0in grants to ten exceptional women entrepreneurs under its\u00a0Womenpreneur Pitch-a-ton\u00a0initiative. This program, in collaboration with the\u00a0International<\/p>\n","protected":false},"author":1,"featured_media":1622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[43],"tags":[1378,59,65],"class_list":["post-26042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","tag-access-bank","tag-entrepreneurship","tag-grants"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Access Bank Awards N17.5 Million Grants to Women Entrepreneurs - PressPayNg Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/presspay.ng\/news\/access-bank-awards-n17-5-million-grants-to-women-entrepreneurs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Access Bank Awards N17.5 Million Grants to Women Entrepreneurs - PressPayNg Blog\" \/>\n<meta property=\"og:description\" content=\"Access Bank has awarded\u00a0N17.5 million\u00a0in grants to ten exceptional women entrepreneurs under its\u00a0Womenpreneur Pitch-a-ton\u00a0initiative. 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