PalmPay has awarded ₦2 million to four Nigerian entrepreneurs in the first round of its Hustle Grant.
Each winner received ₦500,000 to support ventures in fashion, farming, and community development.
PalmPay has unveiled the first batch of beneficiaries of its Hustle Grant initiative, with four Nigerian entrepreneurs receiving a combined sum of ₦2 million to grow their businesses.
The campaign, which began on August 28 and runs until September 29, was created to support small business owners and aspiring entrepreneurs across the country. Each of the four winners received ₦500,000.
The beneficiaries include a community builder from Kebbi State, two fashion designers based in Lagos and Jos, and a farmer. PalmPay described them as examples of resilience and creativity that drive Nigeria’s economy.
“The Hustle Grant is more than just funding; it is our commitment to stand beside everyday Nigerians as they transform their hustle into thriving enterprises that make a real impact in their communities,” the company said.
Entries were submitted through social media with the hashtag #PalmPayHustleGrant, after which top submissions were shortlisted for selection. The company added that another four winners will be announced in the final round.
“For every Nigerian who chooses PalmPay, we want to be more than a digital banking platform. We are a trusted partner in growth, ensuring that bold ideas can become lasting impact stories,” the firm added.
