FINANCE

FirstBank Partners ELOY For Sustainability Of Female Owned Small Businesses

<p>&nbsp&semi;<&sol;p>&NewLine;<h4>FirstBank Partners ELOY<br &sol;>&NewLine;For Sustainability Of Female Owned Small Businesses<&sol;h4>&NewLine;<p>OpenLife Nigeria gathers that in furtherance of the need to empower female business owners across the country&comma; The ELOY Foundation&comma; in partnership with FirstBank presents the ELOY Foundation Business Shower&comma; created to support female entrepreneurs on their journey to building sustainable businesses&period; The support from FirstBank will be carried out through the FirstGem loan scheme designed for female-owned or partnered MSMEs and its SMEConnect initiative&period;<&sol;p>&NewLine;<p>The partnership focuses on key sectors of the economy and designed to have female entrepreneurs exposed to essential business skills like training&comma; networking and the ELOY Foundation Business Toolkit&comma; a compilation of business survival skills nuggets&period; The business shower will avail businesses a platform to pitch their ideas to win seed grants and join the ELOY Foundation Sustainable Empowerment Programme 2022&period; Participants will also be able to access the FirstGem single digit loan&comma; where eligible&period;<&sol;p>&NewLine;<p>The ELOY Foundation Business Shower will hold in 5 locations across the country&period; Kicking off in Lagos on 23 June 2022&comma; the train moves to Port Harcourt on 25 June 2022&comma; then Abuja on 30 June 2022&period; In July&comma; Kano and Abia will host female business owners on the 2nd and 7th&comma; respectively&period;<&sol;p>&NewLine;<p>The ELOY Awards Foundation Business Showers will offer an avenue to sustain women empowerment by providing entrepreneurial training and mentorship from experienced businessmen and women&comma; arming participants with tools and information to help them grow their businesses&period;<&sol;p>&NewLine;<p>According to Tewa Onasanya&comma; Founder of the ELOY Awards Foundation&comma; &OpenCurlyDoubleQuote;it is not just enough to talk about empowering business owners&comma; it is very important to sustain empowerment by providing guidance towards their business progress and giving them access to different resources to help them continue to thrive&period; MSMEs are the backbone of any nation and there is a great need to sustain this chain of the economy&period; It is on this common ground that FirstBank has partnered with the ELOY Team to contribute meaningfully in empowering women to achieve fulfilment in their chosen business endeavours&period;&OpenCurlyDoubleQuote;<&sol;p>&NewLine;<p>Speaking on the partnership&comma; Folake An-Mumuney&comma; Group Head&comma; Marketing &amp&semi; Corporate Communications&comma; FirstBank said&comma; &OpenCurlyDoubleQuote;we commend ELOY Foundation for their efforts on this initiative as the continued strengthening and inclusiveness of female driven business endeavours is essential to the growth of the national economy&period; We are happy to partner with ELOY Foundation on its Business Shower&period; Together&comma; we will drive the entrepreneurial viability of participants and expose them to business nuggets that will take their business to the next level&period;<&sol;p>&NewLine;<p>Woven into the fabric of society for over 128 years&comma; FirstBank plays a leading role in supporting women through strategic empowerment&comma; capacity building and mentorship programs for women in MSME&comma; leveraging its FirstGem and SMEConnect propositions to women across diverse sectors of the economy as well as strategic partnerships with women empowerment organisations like ELOY&period;<&sol;p>&NewLine;<p>Registration is currently ongoing for the ELOY Business Shower via the link below&period;<&sol;p>&NewLine;<p>https&colon;&sol;&sol;eloyawards&period;com&sol;eloy-business-shower-registration&sol;<&sol;p>&NewLine;<p>Female business owners are encouraged to send in their business pitch video and business plan for a spot on the ELOY Foundation Sustainable Empowerment Program and a chance to win a grant for their business&period;<&sol;p>&NewLine;

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