COVID-19: Fate Foundation launches young entrepreneurs programme

FATE Foundation in partnership with Youth Business International has launched a new programme to support 2,000 young entrepreneurs hit by the economic impact of COVID-19

This was contained in a statement titled, ‘Fate Foundation launches new programme with youth business international, to support young entrepreneurs hit by the economic impact of COVID-19’.

To be funded by the Standard Chartered Foundation, it stated, the project was part of Futuremakers by Standard Chartered, a global initiative to tackle inequality.

“FATE Foundation aims to support 2,000 young entrepreneurs whose micro and small businesses have been especially hard-hit by COVID-19,” It stated.

It noted that the global economy has been battling with the catastrophic economic shocks as a result of COVID-19.

The Foundation said it would provide a holistic package of support including digital transformation workshop, resilience building series, and remote consulting and advisor services to be delivered virtually to 2000 entrepreneurs across Nigeria.

The Executive Director, FATE Foundation, Adenike Adeyemi, said “We are committed to supporting young Nigerian entrepreneurs contribute to the economic recovery after the COVID-19 pandemic and are excited to be part of their success stories.

“We are also excited about the potential of this programme in making significant impact in the Nigerian Entrepreneurship space.”

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