Ondo: Gov Akeredolu supports 1,000 businesses, sponsors CAC registration

Oluwarotimi Akeredolu, Governor of Ondo State has approved business support for striving small businesses within the state to improve their business Legal identity and compliance as well as provide their businesses with proper structure. 

This was disclosed by the CEO of the Ondo State Entrepreneurship Agency ONDEA, Dr Summy Smart Francis who also doubles as the Special Adviser on Entrepreneurship development in the state after a closed-door meeting with Gov Akeredolu.

Akeredolu approved the payment of CAC registration for 1000 businesses within the state.

Summy highlighted the major challenges stopping Entrepreneurs from accessing grants, loans and other forms of financial help for their business.

He said, “A lot of small businesses have remained grounded and are unable to look beyond government for help because they lack the necessary knowledge and do not have structure”.

“The mandate of Mr. Governor’s administration is to create massive jobs through entrepreneurship and it is important that he supports as many small businesses as possible even as ONDEA continues to equip them with knowledge and skillsets to build and scale their businesses sustainably.

“Entrepreneurs across the state have ample access to this opportunity and more information on how to benefit will be made available on ONDEA’s official website www.ondea.ng” the special adviser concluded.