Stanbic IBTC partners Kaduna State on Entrepreneurship Centre

Fri, Oct 19, 2018 | By publisher


Banking Briefs

The Stanbic IBTC in collaboration with the Kaduna State government has established the Kaduna-Stanbic IBTC Entrepreneurship Centre, KADSEC. This is part of efforts to encourage entrepreneurship and help build a vibrant and productive small and medium enterprises sector. The centre, which is in response to the needs and requirements of local entrepreneurs in the state, is expected to serve as an incubator that will nurture budding entrepreneurs and businesses to sustainable successes.

At the launch of the centre in Kaduna, recently, Stanbic IBTC stated that the centre will provide services such as capacity building programmes for interested business owners/entrepreneurs, mentorship, on-site business management counselling, financial advisory, market development assistance, networking opportunities, provision of patronage linkages, export assistance, and easy access to loans from Stanbic IBTC Bank, among other services.

Governor Nasir El-Rufai of Kaduna State, who performed the tape-cutting ceremony for the centre, commended Stanbic IBTC for establishing the centre in the state. He said Stanbic IBTC has again demonstrated its willingness to be a developmental partner in the economic growth and inclusive development of the state and indeed the country. He assured that his government will continue to provide the necessary support for the financial institution.

Apart from provision of incubator facility with office spaces for beneficiaries, the Kaduna-Stanbic IBTC Entrepreneurship Centre has programmes that will benefit participating businesses and entrepreneurs, including the Kaduna Tech Accelerator programme, a start-up ecosystem for tech entrepreneurs, and the Agro-business Incubation programme, designed to offer customized assistance and intensive services to beneficiaries.

– Oct. 19, 2018 @ 18:55 GMT |

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