Bank of Industry, BoI, in conjunction with Kaduna State government
and Kaduna Business School has developed a business programme geared
towards training 4,500 business operators in the state.
Tagged ‘Kaduna Start up Entrepreneurship Programme, KADSTEP,’ the initiative is aimed at improving the capacity of some select SME operators in the state, who will benefit from the various loan programmes of the development finance institution. Apart from benefiting from other loan windows of the bank under the KADSTED programme, successful small business operators would also have opportunities to leverage on existing N1bn matching fund.
Speaking while signing the deal in Kaduna yesterday, Managing Director of BoI, Mr. Rasheed Olaoluwa, stated that the entrepreneurship programme would help to rev up economic activities in the state through creation of job opportunities.
According to him, the programme is targeting creation of 3,500 new businesses across the 23 local government areas of the state, building capacity for entrepreneurial management among the youths, 100 per cent utilisation of funds with BoI, Bank of Agriculture, BoA and the Central Bank of Nigeria, CBN, creating a minimum of 20,000 jobs and improving internally generated revenue in the state.
Tagged ‘Kaduna Start up Entrepreneurship Programme, KADSTEP,’ the initiative is aimed at improving the capacity of some select SME operators in the state, who will benefit from the various loan programmes of the development finance institution. Apart from benefiting from other loan windows of the bank under the KADSTED programme, successful small business operators would also have opportunities to leverage on existing N1bn matching fund.
Speaking while signing the deal in Kaduna yesterday, Managing Director of BoI, Mr. Rasheed Olaoluwa, stated that the entrepreneurship programme would help to rev up economic activities in the state through creation of job opportunities.
According to him, the programme is targeting creation of 3,500 new businesses across the 23 local government areas of the state, building capacity for entrepreneurial management among the youths, 100 per cent utilisation of funds with BoI, Bank of Agriculture, BoA and the Central Bank of Nigeria, CBN, creating a minimum of 20,000 jobs and improving internally generated revenue in the state.
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