BATNF and FATE Foundation empowers young agripreneurs with N10m grant

Six successful agripreneurs who applied for the 2023 Farmers For Future (F4F) grant have been awarded N10 million by the British American Tobacco Nigeria Foundation (BATNF), which aims to support young agripreneurs and spark transformation.

The F4F Grant is an agricultural entrepreneurship initiative created to provide equity-free cash and other necessary support to young people (with successful agribusinesses) so they can grow their enterprises.

According to a release, the fact that more than 30,000 applications were received for the F4F program this year “is a resounding testament to the aspirations of Nigeria’s youth in agriculture and the profound impact of the F4F Grant.”

The top prize winner, Adebisi Opeyemi, CEO of Pemnia Wellness, took home N3 million as compensation.

The first runners-up in the competition, Edeh Felicitas, CEO of Felinech Global Company Limited, and Williams Ekwebelam, CEO of Bluefish Farm, each received N2 million naira. The second runners-up, Bernice Oyedele, CEO of Bernice’s Farm, Ideede Nukpugi, CEO of Favorite Fishery, and Idowu Femi, CEO of FMD Agro Concept, received N1 million apiece.

In addition to monetary compensation, the winners will receive all-encompassing support, such as technical help, industry professional mentorship, help registering their business, and admission to the prestigious Farmers for the Future alumni network.

According to the statement, “this holistic approach nurtures both agribusiness growth and personal development.”

The National Youth Service Corps and Fate Foundation collaborated to create this creative agricultural entrepreneurship program, which exemplifies BATN Foundation’s dedication to supporting the development of young Agripreneurs.

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