Thirty-six finalists have emerged in the maiden national MSMEs awards scheduled to hold in Abuja on August 2.
The award is part of the Federal Government’s programmes aimed at supporting growth in Micro, Small and Medium Enterprises (MSMEs) sector.
A statement issued on Monday by Laolu Akande, media aide to Vice President Yemi Osinbajo, said the 36 finalists were selected from businesses across the country in a process that started on July 3, 2018. The 36 finalists comprised three MSMEs in each of the 12 award categories designed for the programme.
The 12 categories are; MSME of the Year, Young MSME of the Year, Most Friendly MSME State, Excellence in Creative Arts, Excellence in Agriculture, Excellence in Manufacturing, Excellence in Technology Innovation and Excellence in Fashion and Style.
Others include; Excellence in Leather Works, Excellence in Furniture and Wood Works, Excellence in Beauty, Wellness and Cosmetics as well as Excellence for Non-Profit Service to Humanity.
According to the statement, “the criteria for selection include: outstanding business concept, locally produced goods, use of local technology, provision of conducive atmosphere for MSMEs to thrive among others.”
The awards which is being organized by the National MSMEs Clinic is an initiative of the present administration, domiciled in the Office of the Vice President.
“It is aimed at encouraging innovation, hard work, dedication and industry in the MSMEs sector as the winners will go home with different category of prizes including the grand prize of a brand-new car, cash rewards amongst others.” Akande said.