First Bank Nigeria Limited in partnership with the ELOY Awards Foundation has launched the 2023 Edition of the “Eloy Business Shower” designed and dedicated to encouraging, promoting and empowering businesses owned by women across Nigeria.
The focus and aim of the awards are to expose women in business to important business skills, networking, and the Eloy Foundation Business Toolkit, which is a collection of business survival information.
This will further be executed through the First Bank’s FirstGem 9 percent Loan Scheme created for female owned MSMEs and the SME Connect Initiative.
The Business Shower by the ELOY Awards Foundation was held in five states: Lagos, Delta, Anambra, Kano and Osun States from the 1st of July 2023 to the15th of July 2023.
According to the Founder, ELOY Awards Foundation, Tewa Onasanya “the ELOY Business Shower was held to support business owners to build sustainable businesses.
This year at the second edition of the program, the company hosted 1087 women across the 5 states visited in Nigeria. It was an avenue for these women to gain access to entrepreneurial trainings from experienced businessmen and women, who armed them with tools and information to help them grow their businesses successfully”.
The over 2300 women who registered for the program will also be invited to join the ELOY Foundation Network, a network that will continue to give them access to resources to help their businesses grow.
Expressing her delight on the recently concluded ELOY Foundation Business Shower, Folake Ani-Mumuney, First Bank’s Group Head, Marketing & Corporate Communications, said, “we commend Eloy Foundation Awards for convening the second edition of its Eloy Business Shower which has impacted over 1000 female business entrepreneurs across the country.”
“Female business owners that participated at the event in the 5 cities –Lagos, Delta, Anambra, Kano and Osun States – are encouraged to take advantage of the teachings from the facilitators as these are essential to boosting their contribution to the economic activities in their host state, geopolitical zones and nation at large, whilst sustaining their businesses,” she concluded.
Following the huge success of the event, Phase two of the event will begin soon, where ELOY Awards Foundation will enrol 50 women who are small business owners onto the three month ELOY Foundation Sustainable Empowerment Program(SEP), these small business owners will be mentored for a period of three months and they will have access to entrepreneurial trainings every month, mentorship, access to information on affordable finance and 10 of these women considered for a grant to assist them on businesses.
