Diamond Bank Plc has supported more emerging entrepreneurs in its empowerment initiative called Building Entrepreneurs Today (BET).
The bank recently presented a cheque of N3 million each to five budding entrepreneurs in the BET sixth series. It had previously given out N75 million to winners under the project.
Chief Executive Officer, Diamond Bank, Mr. Uzoma Dozie, while speaking at a ceremony organised for the BET winners, said each of the five winners, who are spread across different sectors of the economy and the six geo-political zones, received N3 million to invest in their respective businesses.
He explained that the financial support by the bank was expected to help strengthen manpower, expand the product lines and create increased service and product values that would make the MSMEs competitive.
“We decided to support small businesses because we know how difficult the business environment is, and it is the only way we can guarantee sustainable economic growth and development in this country,” Dozie said.
Continuing, he said: “We had over 500,000 applications and after several screenings, were pruned to the final 15; this is just to show how creative Nigerians are”.
