Twenty Small and Medium Enterprises (SMEs) have received N6million boost from Life Continental Lager Beer development initiative tagged, Life Progress Booster.
Participants at Vanguard Economic Forum Series on MSMEs
Portfolio Manager, Mainstream Lager and Stout Brands, Emmanuel Agu reiterating the brand’s commitment to the initiative said the scheme is designed to help SMEs grow by providing non refundable grants to entrepreneurs.
He said: “We believe in the strength and capacity of the people of the South-East to thrive in industry, but we also believe progress can only be achieved with support. Hence, the Progress Booster initiative was specifically created for the South-Easterners. Through the years, Life Continental Beer has focused on empowering its consumers, and we are committed to continue contributing to their successes and achievements.”
A total of 20 SMEs and artisans got a sum of N300,000 each to boost their businesses after successfully defending their business ideas in Ekwulobia, in Anambra State. Beneficiaries include Nkeoma Joseph, who runs a business centre, Juliana Okafor, a beer parlour operator in Onitsha and 18 others.