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Glo, SMEDAN to give grants to SMEs

By on October 7, 2014

GLOBACOM says it has concluded plans to provide grants to Small and Medium Enterprises in the country in collaboration with the Small and Medium Enterprises Development Agency of Nigeria.

The company’s Head, Corporate Sales, Mr. Kamaldeen Shonibare, stated this in Lagos, at a meeting with chairmen and secretaries of Business Member Organisations and Cluster Development Organisations.

“The partnership is to radically change lives by moving citizens from grass to grace,” Shonibare said.

He said that Globacom would not “repatriate profits,” but spend it on adding value to the experiences of Nigerians in all walks of life.

“This is with a view to making life more abundant through a bulk grant that would be distributed among SMEs and those in the kitchen category comprising plantain and condiments sellers,” he said.

Shonibare observed that Globacom’s strategic partnership with major stakeholders in critical sectors of the economy had given the company valuable experience which would stand it in good stead in the SMEDAN empowerment programme.

Globacom’s acting Coordinator, Business Solutions, Mr. Ike Oraekwuotu, urged SME’s in the country to tap into the proposed partnership to grow their businesses.

Meanwhile, cross sections of BMOs have commended the idea to support their businesses through the proposed partnership with SMEDAN, which they described as “timely and expedient.”

However, Globacom, says it is introducing a product – Glo Prive – that offers a variety of services and is designed to give recognition to premium subscribers.

 

[Punch]