PricewaterhouseCoopers, a professional services firm, has been engaged by the federal government as the grant administrator for the Growth and Employment project.
The GEM project is an initiative of the Federal Ministry of Industry, Trade and Investment and funded by the World Bank.
The Partner and Head, PwC, Dr. Bert Odiaka, said, “PwC is excited about this opportunity to be part of such an important project, which will create numerous opportunities for Micro, Small and Medium Enterprises in Nigeria, as well as impact on overall economic growth and non-oil revenue for Nigeria.”
The project is meant to provide technical assistance and grants in support of bright ideas from firms across Nigeria operating in certain sectors of the economy. These include Information and Communication Technology, hospitality, entertainment, light manufacturing, and construction.
On the requirements for the grant, Odiaka said that a firm must be operating in the GEM sectors in Nigeria and must be a for-profit private sector company, adding that unregistered firms or entrepreneurs could also be admitted to the GEM platform.