Union Bank of Nigeria has shown its commitment to supporting Small and Medium Enterprises (SMEs) by sponsoring the 8th edition of the Fate Foundation Alumni Conference.
The conference, titled “Strategically Positioning Your Business: Opportunities in the New Dispensation,” was held on September 29, 2023. The event was a resounding success, with a large number of attendees.
Union Bank’s partnership with Fate Foundation allowed them to work together towards their shared goal of promoting SME growth and empowering small business owners in Nigeria.
The bank said it recognises the importance of supporting small businesses and believes that they play a crucial role in driving economic growth and development in Nigeria.
Through its partnership with Fate Foundation, Union Bank aims to provide the necessary resources and support to enable SMEs to succeed.
FATE Foundation is a Non-Profit Organisation that seeks to enable aspiring and emerging Nigerian entrepreneurs to start, grow and scale their businesses while also facilitating the development of an enabling business and thriving ecosystem. Over the years, the NGO has impacted over 7,500 graduates of their various Medium Scale and Medium Enterprise training programs.
Union Bank, like Fate Foundation, has consistently been at the forefront of empowering entrepreneurs to build successful and sustainable businesses through its provision of dedicated SME products, low-interest loans, and flexible repayment services that have helped them unleash their entrepreneurial spirit with creativity and drive, to bring about positive change in their respective communities.
Awards like the 2023 Global Finance Award for Best SME Bank of the Year, for instance, highlight the Bank’s unwavering commitment to the SME sector and small businesses in Nigeria.
Speaking during the Fate Foundation Alumni Conference, Union Bank’s Chief Brand and Marketing Officer Olufunmilola Aluko said, “Union Bank is truly excited to be part of this exceptional event dedicated to empowering Nigerian entrepreneurs because this conference aligns with our organisational mission of enabling success for entrepreneurs. This year’s conference is not just timely but a call to action. Entrepreneurs are the catalysts of change, innovation, and progress in a rapidly evolving world. Therefore, it is important to gather to discuss ways to move forward.”
Discussions during the parley involved various stakeholders and attendees, including Chief Executive Officers and Managing Directors of major businesses, SME and MSME owners, exhibitors, and Fate Foundation Alumni who garnered insights and shared knowledge on crucial topical subjects essential for entrepreneurial growth and success from seasoned entrepreneurial leaders and influencers.