Heritage Bank, NYPF launch N500m grant

Heritage Bank Limited has partnered the Nigerian Youth Professional Forum to  launch a N500 million Young Entrepreneurs and Students (YES) Grant in the country.
The bank explained that the initiative is designed to support students and young entrepreneurs toward socio-economic freedom.
Speaking at the launch, Heritage Bank Managing Director, Ifie Sekibo said it supported the initiative in line with its vision to help create, preserve and transfer wealth across generations.
The bank will also support the project in training the beneficiaries, grants disbursement and the project’s monitoring and evaluation.
The NYPF, according to its Chairman, Moses Siasia, is a non-governmental organization conceived by a group of young professionals with the mission to promote innovative ideas for socio-economic development.
Students can access the grant for tuition fees to help low income students and technological research and innovation. Students in Nigeria can access up to N500,000, those in the United Kingdom can access up to GBP 3,000 while others in the United States can access up to $5,000.