The Jerry Eze Foundation has taken a major step toward empowering small businesses in Nigeria, disbursing a total of ₦1 billion in grants to 240 entrepreneurs across the country.
The grant award ceremony, held at the prestigious Transcorp Hilton Abuja, brought together an impressive mix of business leaders, clergy, entertainers, and public figures. The event highlighted the Foundation’s commitment to turning faith-driven initiatives into real economic impact.
Each selected entrepreneur received $3,000 (approximately ₦ equivalent) to either start, scale, or transform their businesses. This financial support is expected to boost innovation and sustainability among small and micro enterprises nationwide.
A Rigorous Selection Process
To ensure transparency and fairness, global consulting firm KPMG was engaged to independently oversee the selection process.
The numbers tell the story of how competitive the process was:
Over 16,000 applicants registered on the grant portal
9,668 completed the application and met the criteria
Only 240 entrepreneurs were selected
Focus on Key Growth Sectors
The Foundation prioritized businesses operating in strategic sectors critical to Nigeria’s economic growth:
Agriculture and agribusiness
Manufacturing
Technology and digital services
Driving Real Impact
This initiative underscores the Foundation’s mission to create measurable economic transformation by empowering entrepreneurs with the resources they need to succeed.
By investing in small businesses, the Jerry Eze Foundation is not just providing financial aid—it’s helping to build a stronger, more resilient economy powered by innovation and enterprise.