Redeemer's Varsity offers grants to 3 students for business

Redeemer's Varsity offers grants to 3 students for business
Redeemer's University, Ede





A faith-based tertiary institution, the Redeemer's University, Ede in Osun State, has empowered three students with grants to start their businesses.


The authorities of the univeristy said the grants would enable the beneficiaries, Charles-Beke Chinodom David (Accounting Department) with business name; Drink It Cafe, Jesutoye Testimony Adeboye (Law Department) with business name;, and Esan Nathaniel Oladapo (Law Department) with business name; Taste of Earth, to be self-reliant and be employers of labour.


At a press parley, the university's bursar, Mrs. Olutayo David, who said the gesture was part of the celebration of the institution’s maiden Bursary Week, maintained that grants also were to promote  entrepreneurship and exemplary leadership skills and capacity of students.


According to her,  the Bursary Department has given scholarships of one hundred thousand naira each to the three deserving students of the university. 


She added that apart from the free medical outreach, two sewing machines, two pepper grinding machines, two barbing kits and two hair dryers were given out to the people of Akoda-Ede community.


David said the Bursary Department decided to give out the money to ensure that their students are not pushed out into the world of unemployment after graduation.


She said the entrepreneurship would help promote the entrepreneurial spirit and will also support students to set up profitable business ventures along their chosen professions before graduation. 


The bursar further explained that the gesture will encourage the students to acquire skills required to develop new ventures and start-ups, such as innovative thinking, business creativity, business planning, proposal writing, risk taking abilities, and business management skills. 


She noted that the empowerment scheme is targeted at developing the real sector of the nation's economy and making "our graduates potential employers of labour rather than seekers of employment."


She continued: "An entrepreneurship competition was held amongst students of the institution in which students were urged to develop business proposals which are intended to encourage entrepreneurship.


"Three winners emerged, and they were presented with the sum of two hundred thousand naira as seed money to start or continue their proposed or existing businesses."


Also, three final year students of the univeristy received scholarships to pay up their tuition.


Earlier, in his lecture titled: "Impacting Lives For A Better Tomorrow," the Managing Director, Grand Cereals and Oil Mill Ltd, Jos, Plateau State, Mr. Alex Goma, charged the students to be creative and innovative.


Goma, who advised the students to develop technical skills to be able to competetive, called on them to use their intelligence to understand the environment and get new knowledge to improve the society.