US-based Venture Launches N600bn Scheme for Imo’s MSMEs

Tony Icheku in Owerri

A US-based venture studio, Calpe Labs, says it has launched a N600 billion scheme, which targets to boost entrepreneurship and capital access of 50 grassroots micro-businesses in Imo State.

The Managing Director of Calpe Labs, Mr Mambu Sherman, disclosed this during an interaction with journalists in Owerri.

The beneficiaries were selected under the State Government’s One Kindred One Business Initiative (OKOBI), a local initiative designed to leverage communal and family businesses in addressing unemployment.