The lead pastor at Redeemed Christian Church of God, LSC The Bridge, Leke Adeboye, doled out N2 million to five youth entrepreneurs in order to fund their businesses.
The lead pastor at Redeemed Christian Church of God, LSC The Bridge, Leke Adeboye, recently doled out N2 million to five youth entrepreneurs in order to fund their businesses.
“It is said that most businesses are expected to fail within the first five years, particularly because of lack of access to funding and several other factors. Reacting to his decision to foster the emergence of young millionaires, Adeboye said, “Growing up, I’ve always had a business-oriented mind, and I learned early on that lack of capital and support can kill a business before it even takes off.
‘The Millionaire Quest’ as it was tagged, gained widespread attention and attracted over 400 proposals. Out of the plethora of proposals, 10 persons were invited to a live pitch in front of a panel of judges. Five people were shortlisted as winners of the N400,000 grant,” he added.
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