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Young Entrepreneurs Want Increased Access To Business Loans

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Young Entrepreneurs Want Increased Access To Business Loans 

 Prof. Olusegun Sogbesan, Director General of Onitsha Business School has called for more access loans to help enable youths to finance their entrepreneurial skills.

Sogbesan made the call in a keynote address at a seminar for young entrepreneurs organised by the Nigerian Chamber of Commerce, Industry, Mines and Agriculture, NACCIMA, Youth Entrepreneurs, Anambra  Chapter in Onitsha.

The theme of the seminar which was in partnership with Anambra State Emerging Entrepreneurs Network, ASEEN, was “Accessing Grants and Loans for Small and Medium Enterprises”.

Seminar In Session

Sogbesan said there were plethora of grants and loans options which were readily available but waiting to be accessed.

“The  different organizations and groups in Nigeria should start arming the youths with relevant information on skills and finance that will make them globally competitive,” he said.

On his part, Mr. Chinedu Aniagbaoso, coordinator of NACCIMA Youth Entrepreneurs in Anambra, said the core objective of the association was to organise training for young people on how to run successful businesses.

Aniagboso described entrepreneurship as identification of needs and knowledge of how to solve them, said the major challenge to starting and sustaining a good business idea was good knowledge of sources of finances.

“I call on young entrepreneurs to be informed and be at the right place at the right time,” he said.

In his remark, Mr. Chinemelum Nsobundu,  the National Treasurer, NACCIMA NYE said the organisation was about creating a platform where information and knowledge on how grants and loans for young entrepreneurs would be shared.

Other resource persons, included Mr Emeka Omata, who discussed ’Introduction to Bankable Business Plan Development” and  Miss Chichi Eriobu, who discussed how to structure a business to attract grants.

No fewer than 50 youths took part in the seminar held at Onitsha Business School complex in Onitsha.

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