THE Jerry Eze Foundation, the charitable arm of Pastor Jerry Eze, held its Grant Award Ceremony at the prestigious Transcorp Hotel, Abuja, disbursing grants totalling N1 billion to 240 small and micro businesses.

Foundation Distributes N1b Business Grants To 240 Nigerian entrepreneurs, each receiving $3,000 to scale, transform or start a new business.

The event marked a key moment in the Foundation’s mission to translate faith into measurable economic transformation, bringing together business leaders, clergy, entertainers, and public figures to witness the empowerment of a new generation of Nigerian entrepreneurs.

In the lead-up to the event, the global consulting firm, KPMG, was engaged to independently manage the beneficiary selection process.

Over 16,000 applicants registered on the grant portal, 9,668 completed the process and met the strict selection criteria, and 240 entrepreneurs across Nigeria were selected.

Priority was given to enterprises operating in three strategic sectors: agriculture and agribusiness, manufacturing, and technology and digital services.