MTN to Invest Over N65m in Nigeria’s Startups

MTN is set to invest in Nigerian owned businesses through a campaign – ‘MTN Pulse BlowMyHustle’, which aims to economically empower Nigerian youths involved in scalable businesses.

Speaking at the MTN Pulse launch, Chief Marketing Officer, MTN Nigeria, Adia Sowho, said “The ‘hustle spirit’ amongst Nigeria’s young people is truly inspiring as they are innovative and entrepreneurial.  MTN is here to support that ‘hustle’ so that their dreams can become reality. Young business owners have told us what they need, and with MTN Pulse Blow My Hustle, we will share business skills from experts in relevant fields and create access to financial grants. We look forward to the transformation that this initiative will propel.”

The shortlisted 100 candidates of this initiative will gain access to virtual training on Business Management, Digital Marketing, Financial Literacy, Investment Strategies, Business Legal Requirements, Elevator Pitches amongst others; and tasks will be assigned after each class.

Top 20 contestants will be selected based on performance after the two-week training period as finalists who will present their business ideas to a panel of judges, engage in a brief question and answer session.

According to Macrotrends, the unemployment rate of Nigerian youths as at 2021 was 19.61 percent, having a decline of 0.06 percent from 2020. The MTN Pulse ‘Blow My Hustle’ campaign aims to elevate and improve the standards of living for the eligible participants.