The “Meet the Executive” project is designed
to support new and aspiring entrepreneurs by providing training and eventual
funding for aspiring SMEs.This is in line with the bank’s position as a prime
supporter of small and medium sized businesses in the country. Continue...
To ensure that the
best business plans were selected, a team of seasoned consultants were engaged
by the bank to carefully scrutinize proposals received from members of the
public and further lend credence to the process. The best entries were selected
from the pool; based on originality of the plans, their viability and provision
of detailed information such as the required capital, cash flow and revenue
projections.
The stage is now
set for the final taking place at Sterling bank HQ, the
finalists shall present and defend their business plans before a select team of
Bank Executives, Successful Entrepreneurs and observers. Up for grabs is a
total prize money of over N5 million. The date for the final is March 14th
2014.
The project, an
initiative of Sterling Bank plc, is solely owned and sponsored by the Bank as a
way of encouraging entrepreneurship, economic independence and industry among
the populace.
The Bank’s Group
Head, Strategy & Communications, Mr. Shina Atilola in a statement said the
decision to invest in new business initiatives and nurture them to become
viable SMEs was borne out of the need to facilitate real growth in the economy
as small businesses remain the catalyst for real economic development anywhere
in the world.
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