Business
Kaduna food vendors get N4m grant
A Swiss-based foundation, Global Alliance for Improved Nutrition (GAIN), awarded N4 million equity-free micro-grants to two nutritious food vendors in Kaduna.
The grants were presented to the beneficiaries, Med Grains and Numical Industries, at an Agribusiness Innovation Clinic, a stakeholder dialogue session with the government, development, and private sector stakeholders organised by GAIN.
GAIN’s Project Manager, Business Support, Mercy Olorunfemi, said the initiative was launched under the Business Support workstream of the Strengthening Nutrition in Priority Staples Project (SNiPS) to empower women and youths-led agribusinesses, farmer’s associations, and cooperatives in Nigeria to foster innovation and promote nutritious food products in the region.
The project manager added that GAIN’s micro grant funding was established to bridge the gap, provide equity-free grants to entrepreneurs operating in vitamin ‘A’ maize and cassava, and orange-fleshed sweet potato sectors.
Also, Mr. Godwin Ehiabhi, GAIN’s Senior Project Manager, Supply Chain for Commercialisation, said the SNiPS project in Nigeria was in partnership with GIZ and the Green Innovation Centre for the Agricultural and Food Sector in Nigeria.