ESUT graduate wins ₦.700 million Entrepreneurship Business award
By Daniel Amarachi
A graduate of Enugu State University of Science and Technology, ESUT, Miss Obiero Miracle Chidiebube has won the sum of seven hundred thousand (₦700, 000) naira only while undergoing her mandatory one year National Youth Service in Benin, Edo State capital.
Ms Obiero who graduated from the Department of Applied Biology and Bio-Technology, Faculty of Applied Natural Sciences in 2022 came second in the 2023 Accessprenuer Competition on business proposals sponsored by Access Bank
Although she expressed mixed feelings considering that her target of being the winner didn’t materialise, she however was delighted that the skill she acquired while studying Entrepreneurship in her Alma Mater came handy.
“It was an Accessprenuer Competition sponsored by Access Bank. We were asked to write a business proposal on any skill we want to turn into a business. I wrote on antiseptics production from my knowledge of entrepreneurship which have been running since my base in ESUT.
“I made it to the top five among 30 corps members and on the 5th of August 2022, we defended the proposal within the space of three minutes by which I became the first runner up and I was given the sum of N700,000 naira to establish the business.
“It was a mixed feeling for me because I thought I would become the winner and get the one million naira prize but I’m grateful that I am part of the winners, the first runner up,” she said in an interview with ESUT Monitor.
Miss Obiero who finished her youth service in July 2023 in the Benin Teaching Hospital, Ugbowo, Edo State, said she has registered the company’s name, bought equipment and making plans for the establish the company physically even as she is currently operating from home.
“I have invested in the business and it has a new look now. We have secured our trademark, got CAC (Corporate Affairs Commission) registration under Limited Liability Company. We rebranded using NAFDAC’s standard and currently waiting to secure our approval code which will cost more money and resources. We have been able to get a detailed label according to NAFDAC standard and currently we are pursuing NAFDAC registration.
“The money really helped us to accomplish a lot and increase productivity. We got some equipment that help with efficiency of the production. Before the product was unbranded but now it has a new look. The name is registered and the brand check marked.”