The Global Youth Skills Acquisition and Poverty Eradication Organisation (GYSAPEO) and Hugogeochris Investment Limited have joined forces to launch the “GYSAPEO Market Money Scheme,” aimed at empowering and promoting Small and Medium-sized Enterprises (SMEs). The collaboration, marked by the signing of a Memorandum of Understanding in Abuja, seeks to provide an enabling working environment for businesses to thrive and expand their operations.
Emmanuel Chucks Ozegbe, CEO of GYSAPEO, highlighted the organization’s commitment to recognizing the crucial role played by businesses in Nigeria’s economic landscape. The initiative, part of GYSAPEO’s ongoing efforts to support and empower businesses, aims to foster growth and sustainability.
Nnaji Chinedu Ugo George, CEO of Hugogeochris Investment Limited, expressed readiness to provide the necessary funds to kickstart the project immediately. The “Market Money Scheme” involves offering small loans to small business owners, coupled with training, evaluation, empowerment, and mentorship to facilitate business expansion.
This collaboration reflects a strategic effort to uplift SMEs, contributing to economic development and empowerment within the Nigerian business landscape. The partnership aims to create a supportive ecosystem for small businesses, emphasizing training, funding, and mentorship to drive sustainable growth.
