Recently relaunched YouWin! Connect Programme is set
to mobilise up to N2.5 billion annually as an equity investment in start-ups
and early stage Small
and Medium Enterprises, SMEs, through qualified
fund managers under a co-investment model.
According to
a statement issued by the Director, Information Federal Ministry of Finance,
Salisu Dambatta, the Federal Government has a renewed focus on key
economic sectors in line with the Economic Recovery and Growth
Plan, with emphasis on SME-led growth in sectors like agriculture, energy,
technology, manufacturing, industry and key services.
According to the statement, fund managers would be
expected to demonstrate a strong track record in investing in and advising
early stage SMEs.
YouWin! Connect is an initiative of the Federal
Ministry of Finance aimed at supporting young entrepreneurs as they Plan, Start
and Grow their businesses.
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