Obaseki’s reforms: Four startups get N1.2m funding from investors

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In furtherance of Governor Godwin Obaseki’s commitment to promoting innovation, science and technology development in the state, the Edo State Startup Fund Initiative has attracted N1.2 million for four startups to scale their businesses.

During the presentation of cheques to the startups, Focal Person, Edo State Social Investment Programme, Osayuwame Aladeselu, urged the beneficiaries to make good use of the fund as officials of the state Social Investment Programme will visit them to monitor the progress of their businesses.

Aladeselu said the four beneficiaries were selected among other participants who took part in an interactive session with the investors, who provided the funding at the conclusion of interviews to ascertain the viability of their ideas.

She noted that the four beneficiaries were selected for the funding to enable them to scale their businesses, adding that one of the investors, Mr Samson Omokhui of God’s Time Engineering, provided the sum of…



Vanguard Newspaper