February 25, 2024
Entrepreneurs from Ondo State would travel abroad on business

Entrepreneurs from Ondo State would travel abroad on business

Entrepreneurs from Ondo State would travel abroad on business

Ondo State Entrepreneurs will travel abroad on business, according to Akeredolu.

Arakurin Oluwarotimi Akeredolu, the governor of Ondo State, has given his approval for a search for the top ten most inventive concepts in the state, together with an assistance package worth 5 million naira each company.

This is a result of the governor’s steadfast support for the development of entrepreneurship that he has demonstrated throughout his administration.

The support package for the State’s top innovative ideas will help develop the next generation of economically viable enterprises, increase employment opportunities, raise GDP, and perhaps even establish Ondo State as a refuge for creative and successful solutions.

THE TOP TEN LUCKY ENTREPRENEURS’ BUSINESSES WILL BE FUNDED AND GIVEN APPROPRIATE STRUCTURAL SUPPORT. They will also embark on business trips abroad for exposure and education so they can see firsthand how 21st century innovative ideas are developed and how global businesses are managed.

Ondo State residents and people are eagerly registering in their hundreds on the official website of the Ondo State Entrepreneurship Agency ONDEA for this groundbreaking program, which is the first of its kind in the state.

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Many residents of the state and applicants are optimistic that this could change the economic trajectory of Ondo State.

After the pandemic, in August 2020, the Ondo State Entrepreneurship Agency ONDEA was established. This program was started to alleviate the suffering and plight of company owners and families whose loved ones lost their jobs as a result of the pandemic’s negative economic impact on the world economy.

Since the agency’s founding, ONDEA has been implementing a number of projects to provide training, assistance, and promotion of entrepreneurs throughout the state. The Entrepreneurship Development Training Program EDT, the Entrepreneurs Cycle FUND, the Unemployment Summit, and many other programs are just a few of the activities.

ONDEA MY IDEA IS AN IDEA INCUBATION AND EMPOWERMENT INITIATIVE SET TO IDENTIFY CREATIVE, SUITABLE, AND SCALABLE BUSINESS IDEAS THAT CAN CONTRIBUTE TO MARKET VALUE, JOB CREATION, AND REVENUE GENERATION, THEREFORE GROWING ENTREPRENEURS AND INCREASING THE GROSS DOMESTIC PRODUCT WITHIN ONDO

The program will include an Idea Pitch Event where entrepreneurs will have the chance to present their business ideas. The top 10 most creative business ideas in the state will be chosen to receive each 5 million Naira in business benefits, which will be distributed as follows:

1,000,000 Naira Grant

12 months of idea development

Full online presence and branding for businesses

A free, all-expenses-paid trip for business abroad

Entrepreneurial toolkit

Mentorship

Eligibility requirements

Candidates must reside in or be natives of the state of Ondo.

The applicant’s proposal must be carried out in Ondo State.

The applicant’s proposal must be original (i.e, has the potential to disrupt the market)

An idea must be able to generate employment.

On the organization’s website, www.ondea.ng, applications for enrollment in this program are now being accepted.

Entrepreneurs from Ondo State would travel abroad on business

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