Firm partners Bank to Empower Young University Entrepreneurs

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The Orange Corners Nigeria initiative, a program of the Kingdom of the Netherlands implemented locally by the Fate Foundation, has partnered with Stanbic IBTC Bank to support young entrepreneurs in Nigeria. The partnership aims to provide access to funding, mentorship, and training for youth-led businesses in the country.

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Stanbic IBTC Bank’s Chief Executive, Wole Adeniyi, expressed the bank’s commitment to nurturing young entrepreneurs, stating, “We are going to help catalyse more entrepreneurs and also help the youth. It goes with what we are doing with SME businesses. We are going to be able to scale more, empower them more, and also provide access to financing that will help to support the economy.”

The Orange Corners Nigeria program has been operating as a business incubator and innovation fund since its launch in 2019, supporting aspiring entrepreneurs with business training, mentorship, and access to networks. The Consul-General of the Kingdom of the Netherlands, Michel Deelen, described the initiative as a symbol of trust in Nigeria’s youth, saying, “Orange Corners is the expression of our belief in the youth of Nigeria. From inception, the plan was to do this together with the private sector, and we are very pleased to have found a partner in Stanbic IBTC.”

The Executive Director of Fate Foundation, Adenike Adeyemi, noted that the collaboration with Stanbic IBTC would scale the program’s reach and deepen its impact. “We’re excited to partner with Stanbic IBTC to advance Orange Corners Nigeria’s mission of fostering a thriving entrepreneurial ecosystem, where young people can turn their innovative ideas into successful businesses,” Adeyemi stated.

The partnership is expected to provide comprehensive support, mentorship, and opportunities for growth, driving innovation and job creation in Nigeria. The Ambassador for Youth, Education, and Employment from the Ministry of Foreign Affairs, Netherlands, Jurriaan Middelholf, attended the event, highlighting the importance of this collaboration

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