Business

Google Hustle Academy Awards 75m to 15 Nigerians SMBs in Funding Initiative

Google Hustle Academy Awards 75m to 15 Nigerians SMBs in Funding Initiative

 

Google Hustle Academy has graduated 5,300 small and medium-sized businesses (SMBs) across Africa, showcasing their commitment to enhancing their business skills and knowledge.

The graduation according to a release by Google, marks a continuation of the program’s impact, with over 10,300 entrepreneurs having participated since its inception in 2022.

In the statement, Google said 15 Nigerian small and medium-sized businesses, SMBs were chosen to receive 75 million Naira Hustle Academy Fund initiative from the 5,300 who celebrated their graduation from Google’s Hustle Academy.

The statement reads: “The Hustle Academy program, designed to address specific challenges faced by SMBs in Africa, offers practical skills and resources to help these businesses grow. This year’s graduation adds to the momentum gained from last year’s 5,000 graduates, reflecting a growing community of businesses engaged in continuous learning and improvement.

Alongside the graduation, 15 SMBs have been chosen to receive support from the 75 Million Naira Hustle Academy Fund.

The initiative aims to provide a combination of financial assistance, mentorship, and business tool access to some of the most promising Nigerian SMBs.
The recipients represent various industries and demonstrate the creativity of Nigerian entrepreneurs.”

The 15 Nigerian SMBs beneficiaries includes Ifeoma Augusta Anselem – Rae’s Clothing, Femi Bolaji – Wauley Projects Limited , Nafisa Abdulrazaq Sabo – Pinch N’ Dash, Funmilola Moronke Agbayewa – Segunfunmi foods Nigeria Limited, Chigozie Bashua – The Nut Place Limited, John Samuel Andefiki – Kita Farm, Hussaini Aliyu Baba – Lead Way Family Poultry, Aminu Abdulkarim – A.A.K. Shoes, Constance Ufuoma Edesiri – Stance Fashion Empire, Chikere Onyinyechi Breakthrough – Clozetsales, Anita Aletor – Rotela Business Synergy, Ojo Femi Christopher – Foodlane ventures, Angela Jidechukwu Nwabueze – Jelapetra Farms Ltd, Eniola Robert – Ennie Wears , Blessing Akpan – Inyene Agro processing factory Ltd

Google West Africa Country Director, Olumide Balogun, said: “The passion and resilience shown by these SMBs are truly inspiring. The Hustle Academy is a testament to what focused training and resources can achieve. We are not just celebrating their graduation today; we are recognizing their potential to reshape and invigorate the Nigerian business landscape.”

Commenting on the gesture, founder of Wauley Projects Limited, Femi Bolaji, said: “The Hustle Academy has equipped us with vital business knowledge, and being selected for the fund is a significant boost that will propel our business forward.”

Google also disclosed that graduates and fund recipients represent a diverse array of industries, each bringing a unique story and vision for the future.

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