Delta State Governor, Rt. Hon. Sheriff Oborevwori, Thursday, disbursed financial grants to 2,000 Micro, Small and Medium Enterprises, MSMEs, in the state to grow their businesses and cushion the effects of the inclement economic realities in the country.
Speaking during the disbursement ceremony of the MORE Business Upscale Programme (MORE BIZ-UP) held at the Events Centre, Asaba, organised by Delta State Job and Wealth Creation Bureau, Governor Oborevwori said the gesture was designed to empower the entrepreneurs to cushion effects of the economic hardship in the country.
He said: “The MORE Business Upscale Programme, otherwise known as MORE Biz-Up, is one of the job creation programmes initiated in line with the MORE Agenda of my administration.
“As the name implies, MORE Biz-Up is aimed at providing stimulus in the form of financial grants to Micro, Small and Medium Enterprises [MSMEs] in the state in order to grow their businesses and to cushion the effects of the harsh economic realities in our nation.
“Like other job creation programmes of the state government, such as the D-CARES, M.O.R.E Grant, M.O.R.E WESAP, among others, the programme is strategically planned and designed as a testament of my administration’s commitment to empower small businesses, fast-track economic growth and to foster development in the state.”
He charged the beneficiaries, to take the knowledge garnered from the M.O.R.E. Business School component of the programme to advance their businesses and leverage on networking amongst participants.
Governor Oborevwori, said: “Your success as entrepreneurs is crucial to the economic development of our state and which will further inspire other young entrepreneurs to follow in your footsteps.
“Therefore, I urge you to work hard to sustain your businesses. We shall continue to support your entrepreneurship journey. Out of a pool of over 10,000 applicants, you are blessed to be among the chosen.
“The 2,000 beneficiaries of the programme gathered here today are in two groups- 1,000 business owners drawn from a database of fresh applicants who have never benefitted from state government’s job creation and entrepreneurship programmes, and 1,000 past beneficiaries who were verified by the Directorate of Youth Monitoring and Mentoring.
“I expect you to make judicious use of the grant by applying it wisely and responsibly to your business. It is my earnest prayer that your businesses grow from strength to strength.”
Earlier, the State Chief Job and Wealth Creation Officer, Mr Ifeanyi Egwuyenga, said the strategy of the MORE Business Upscale Programme focuses on stimulating economic growth by equipping entrepreneurs with advanced business knowledge, and injecting financial stimulus in the form of grants into small businesses.
Egwuyenga said: “This new phase of grants under the MORE programme is a clear evidence of our government’s unwavering commitment to nurturing entrepreneurs. In turn, this drives economic growth and advances the ‘Advancing Delta’ mantra of the MORE Agenda”.
In their separate goodwill messages, Chairman of Artisans Association in the state, Ifeanyi Abanum, and the state ALGON Chairman and Chairman of Okpe Local Government, Hon. Isaiah Esiovwa, thanked Governor Oborevwori for the various empowerment programmes of his administration which, they said, had brought succour to Deltans.
The duo of Abanum and Esiovwa, therefore, urged beneficiaries of the MORE Bizup programme and other empowerment programmes of the state government to make judicious use of the facilities giving to them to strengthen their entrepreneurial drive so that they could contribute meaningfully to the development of the state.
Responding on behalf of beneficiaries, Mr. Meshack Okeoghene, thanked Governor Oborevwori for empowering them, adding that the state government’s gesture would serve as a catalyst that would stimulate the growth of their respective businesses.
