June 11, 2024

Firm awards N37.8m seed funding to 6 social businesses

Firm awards N37.8m seed funding to 6 social businesses

… As Reckitt concludes WASH accelerator programme

By Chioma Obinna

A global leader in health, hygiene, and nutrition, Reckitt Nigeria, last week concluded its fight for Access to Water Sanitation and Hygiene, (W.A.S.H) Accelerator Programme in Lagos even as it awarded N37.8 million in funding to six social businesses.

The event in Lagos, which marked the successful conclusion of the initiative, which aimed to address critical health challenges in Nigeria through collaboration and innovation, featured a documentary showcasing the journey and impact of the social enterprises: Let’s Build for Humanity, Onyeisi Care Foundation, Alora Reusable Pads, ToiletPride, SOSO Care, and Kiddies and Brands.

Their groundbreaking solutions range from sustainable sanitation facilities to reusable menstrual hygiene products, addressing diverse WASH challenges faced by communities across the country.

The guidance and support for the programme winners include 5 months of intensive boot camps, over 30 hours of skill-based volunteering, 36+ hours of dedicated mentorship, and continuous guidance from Reckitt mentors.

The seed funding of N6.3 million awarded to each enterprise will further aid them in implementing their WASH projects and making a tangible difference in their communities.

Speaking at the event, the Head, of External Communications and Partnerships, Reckitt Sub-Saharan Africa, Cassandra Uzo-Ogbugh, emphasised the importance of the WASH programme, stating, that with the WASH Accelerator Programme, we believe in the positive power that business can have.

“When a social business has effective and self-sustaining income models, it will ensure long-term change. These social entrepreneurs we are championing today, inherently understand the needs of the communities where they live and work and are therefore best placed to create solutions.

“By supporting these social enterprises with mentorship, training, and the Seed Fund, we are addressing immediate hygiene challenges and building sustainable solutions that will benefit communities for years to come.” She continued, We are also pleased to announce the post-programme support, where for the next 12 months, these enterprises will continue to receive mentorship and handholding from Reckitt to ensure the success of their businesses.”.

One of the social enterprise owners in the WASH Accelerator Programme, and the founder of Soso Care, Mr Nonso Opurum, said: “I am very grateful to Reckitt for the support and recognition. Seed funding and mentorship are crucial in helping us scale our solutions and reach needy communities. I am especially excited and motivated to continue the amazing work we are doing, knowing that we have Reckitt’s backing to create a healthier and cleaner environment for everyone.”

The initiative was part of Reckitt’s mission to protect, heal, and nurture in the relentless pursuit of a cleaner, healthier world.