HomeNewsbeatsTegbe Foundation Empowers 60 Oyo Small Businesses with Grants

Tegbe Foundation Empowers 60 Oyo Small Businesses with Grants

Tegbe Foundation has empowered 60 small businesses and social enterprises in Oyo State with direct financial grants ranging from ₦100,000 to ₦500,000 each under its #JTstrikesDiamond Initiative.

The Foundation marked the successful conclusion of the programme with a colourful closing ceremony in Ibadan. The initiative was launched to celebrate the 60th birthday of its founder, Mogaji Joseph Olasunkanmi Tegbe, and the presentation ceremony coincided with International Youth Day, underscoring the organisation’s focus on youth development and enterprise.

Executive Director of Tegbe Foundation, Mr Femi Adeleke, described the support as strategic. “This is more than support, it’s an investment in youth development, entrepreneurship, and a stronger economic future,” he said.

The closing ceremony attracted government representatives, community leaders and stakeholders. Among those present were Oloye Denrele Lekan-Salami (Ajia Balogun Olubadan), Engr. Bode Johnson, Hon. Hafiz Oladejo (Special Adviser to the Honourable Minister on Stakeholder Engagement), Asiwaju Tayo Alabi, Chief Mrs Funmilayo Arulogun, Hon. Inaolaji Akinloye and Hon. Raji Draj Ademola. Several of them delivered goodwill messages affirming support for the Foundation’s work.

The programme achieved its goal of delivering measurable economic support to youth-led enterprises across Oyo State. Tegbe Foundation is a philanthropic organisation dedicated to youth development, entrepreneurship and community empowerment in the state.

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