Foundation to support 2,000 entrepreneurs hit by COVID-19

By Nike Popoola

FATE Foundation said it has launched a new programme with Youth Business International to support 2,000 young entrepreneurs hit by the economic impact of COVID-19

It said this in a statement on Thursday titled ‘Fate Foundation launches new programme with youth business international, to support young entrepreneurs hit by the economic impact of COVID-19’.

Funded by the Standard Chartered Foundation, it stated, the project was part of Futuremakers by Standard Chartered, a global initiative to tackle inequality.

“FATE Foundation aims to support 2,000 young entrepreneurs whose micro and small businesses have been especially hard-hit by COVID-19,” It stated.

It noted that the global economy was suffering from catastrophic economic shocks as a result of COVID-19.

FATE Foundation said it would provide a holistic package of support including digital transformation workshop, resilience building series, and remote consulting and advisor services to be delivered virtually to 2000 entrepreneurs across Nigeria.

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The Executive Director, FATE Foundation, Adenike Adeyemi, said “We are committed to supporting young Nigerian entrepreneurs contribute to the economic recovery after the COVID-19 pandemic and are excited to be part of their success stories.

“We are also excited about the potential of this programme in making significant impact in the Nigerian Entrepreneurship space.”

— PUNCH.