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The Rotary Club of Onitsha Metropolis, District 9142, in partnership with Ultimate Destiny Uplifters Foundation (UDUF Africa), has awarded ₦5 million in business grants to five entrepreneurs to support business growth and job creation.
The grants were presented during the Pitch and Win Contest at the sixth edition of the 2026 Under 45 CEOs Business and Leadership Summit, held on October 10 at the Youth Development Centre, 3-3, Federal Housing Estate, Onitsha, Anambra State
The summit, themed “Rethinking Entrepreneurship,” brought together entrepreneurs, business leaders, professionals and innovators to discuss business development, leadership, job creation and sustainable economic growth
The contest initially offered ₦1.5 million, with ₦1 million earmarked for the winner and ₦500,000 for the runner-up. However, the Managing Director and Chief Executive Officer of Janksmay Global Services Ltd., Ifeanyi Onwuachu, donated an additional ₦3.5 million after being impressed by the quality and scalability of the business proposals
The additional funding increased the total grant to ₦5 million, allowing all five finalists to receive ₦1 million each
Speaking at the event, the President of the Rotary Club of Onitsha Metropolis and Founder of UDUF Africa, Rotarian Ezuma Smart Chinedu, described the grants as an investment in enterprises capable of creating jobs and addressing societal challenges
He urged the beneficiaries to deploy the funds responsibly to grow their businesses, noting that the impact would be measured by business expansion, jobs created and lasting benefits to society
Chinedu commended UDUF Africa, under its Continental President, Rotarian Christopher Uchenna, for providing a platform for youth empowerment and leadership development. He also appreciated Onwuachu for supporting young entrepreneurs
One of the judges, Rotarian Ugoo Abba, a lecturer in the Department of Public Administration at Nnamdi Azikiwe University and Club Trainer of the Rotary Club of Onitsha Metropolis, commended the finalists for their presentations
Abba urged the beneficiaries to use the funds strategically to strengthen their operations and expand their businesses
The Rotary Club said it would sustain its partnership with UDUF Africa through entrepreneurship, mentorship and business development programmes
It also recommended a follow-up mechanism to monitor how the beneficiaries use the grants, track business growth and job creation, and assess the sustainability of the supported enterprises
The club further proposed linking the entrepreneurs with experienced mentors in finance, marketing and corporate governance to strengthen their business management capacity and improve their prospects for long-term growth
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