Access Bank Plc has rewarded serving members of the Nigeria Youth Service Corps (NYSC) with over N15 million in the third edition of the bank’s youth business challenge competition, Accessprenuer.
The competition was held recently simultaneously across five NYSC camps in Abuja, Osun, Enugu, Nassarawa and Rivers States.
A statement from the bank stated that five top winners won N1 million each, while others were rewarded with consolation cash prizes totaling N10 million during the final business pitch of the contest for NYSC 2021 Batch A Stream II Orientation Course.
Winners of the N1 million star prize were Easngbedo Precious in Abuja camp; Nwakor Favour Alex in Osun; Olusanya Miracle in Rivers; Omoha arinze in Enugu, and Egbewole Abduljelli in Nassarawa camp.
Speaking on the Accessprenuer challenge initiative, Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, said: “The challenge is aimed at promoting entrepreneurial aspirations among talented corp members.
So far, the competition has proved to have a great impact on youth empowerment in the country as we received more entries during the current challenge.
“It is a way to support the young men and women who are just graduating from university to grow. We are also using this as an opportunity to imbibe the spirit of entrepreneurship among the youths whilst providing them with financial grants through this competition to grow them from job seekers to employers of labour.”
The pilot phase of the Accessprenuer challenge competition by Access Bank was in partnership with the NYSC Skills Acquisition & Entrepreneurship Development took place across three states (Ogun, Enugu and Abuja) in February this year.
The scheme was designed to train corps members on business plan writing, after which a competition will be held to select the top winners with bright and feasible business ideas within the mandatory 21-day Camp orientation exercise.