Foundation Provides N500,000 Each As Business Capital To 26 Gombe Residents
By Najib Sani, Gombe
The Velocity Humanitarian Foundation (VHF) has taken a significant step towards empowering youths in Gombe by launching a business capital support initiative.
According to the foundation’s secretary, Safiyanu Existing, under the initiative, not less than 26 youths would be provided with the sum of N500,000 each as the programme aims to provide financial assistance to young entrepreneurs, enabling them to establish and grow their businesses.
“The initiative will provide N500,000 grants to selected youths as business capital. The foundation will monitor the progress of beneficiaries and offer additional support to successful ventures. The goal is to foster a culture of entrepreneurship and dedication among the youths”, he explained.
He added that the initiative is expected to have a positive impact on the lives of the beneficiaries, enabling them to contribute to the economic growth and development of the society.
Safiyanu Existing expressed gratitude and optimism about the initiative’s potential to empower the state youths.
“The foundation’s efforts are expected to create positive effects, inspiring more young people to pursue entrepreneurship and make a meaningful impact in their communities”, he said.
