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‘Friends of Prof’ announces ‘The March 8th Initiative’ grant to boost MSMEs



Over the years, friends and associates have come together to reflect upon the sterling qualities that define Vice President Yemi Osinbajo’s personal and leadership style and have for his traditionally low-key birthday celebration chosen to support social impact causes that are close to his heart.

It will be recalled that as part of the events lined up for Prof Osinbajo’s birthday last year, 100 young entrepreneurs received business-defining grants of N1 million each that helped grow and advance their businesses, among other incubator support services from close friends and associates of ‘Prof’ as he is fondly called under the auspices of The March 8th Initiative.These “Friends of Prof’ conceptualized ‘The March 8th Initiative” to inspire and promote communal, entrepreneurial and public-spirited endeavours within Nigeria in honour of his birthday.

In a statement, the Group which organizes the annual March 8th Initiative stated that for this year’s celebration, the Initiative is expanding its reach and scope with a view to imparting a broader spectrum of Nigerians.

First, the Annual Entrepreneurship Development Programme has been reorganized into four categories providing more opportunities for young Nigerians between 18 and 35 years old, giving one-off business grants, ranging from N100,000 to N1,000,000 to small businesses in Nigeria. The four categories cover varying stages of small business growth as follows: Big Idea Business Challenge, Business Support Challenge, Catalyst Support Challenge and the Bold Innovation Challenge.

Secondly, in addition to the Entrepreneurship Development Programme, the March 8th Initiative will recognize health workers nationwide who, in the face of a global pandemic, demonstrated exemplary courage, compassion, diligence, hard work and professionalism in carrying out their duties. Individuals are requested to nominate any health worker who has shown these qualities for a reward of N1 Million under a Health Grant Reward Category that acknowledges their invaluable service to our communities.Additionally, the March 8th Initiative is undertaking a nationwide Ophthalmological intervention to provide succour in the form of surgeries and other therapeutic care for cataracts and other eye defects.The Group stated that entries will open at 12.00 a.m on Monday, March 8th, 2021 and close at 11:59 p.m on Sunday, March 14th, 2021. All entries except those for “My Big Idea Business Challenge” must be submitted at

Nigerians have been consequently implored to visit the website to nominate the deserving health worker of their choice, as well as to apply for any of the grant categories that is applicable to them.

Check out the links to the campaign ad below:
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  1. Prosper ugwu

    March 11, 2021 at 11:40 pm

    thank you sir for this opportunity in helping the youth, I have been with my uncle serving him for about 10yrs in a provision shop in agreement that he will settle me but due to challenge the shop was down now no longer move forward like before and now leaving the shop with me with no much goods in the shop, I have to leave the shop for now and go into keke driving to see if I could raise money to stand the business again but not seeing any good results,please help me to stand my ground again after all the years please sir.

    Yours sincere
    Prosper ugwu

  2. Jacob Komolafe

    March 13, 2021 at 11:58 am

    I highly commend you Prof, for the concern you have shown to the youth. It is encouraging.
    But I am pained as you, and the government, have nothing for those of us in the older groups. The economy is also hard on us. No wonder some people embezzle money when in service because they know that the system does not cater for them outside employment. The pension allowance is far below the minimum wage; you can’t get loan through your life assurance investment, ditto the banks because you are no longer on salary.
    Prof Sir,please help us to look into these.
    May God grant you many more years in the service of Nigeria and in His Vineyard. Amen.

  3. LUCKY .A,

    March 26, 2021 at 12:30 pm

    please i want know if and how the names of the people that was lucky in the last grant that closed on 9th of march got the money ….. because i also applied but have not heard anything up till now……. please what is my faith? ……. i submitted my business proposal and every other requirement need of me.

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