Press Release: Young Entrepreneurs Honoured at the Recent 25under25 Awards

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The annual SME100 Africa 25under25 Awards celebrated its 8th edition with unparalleled grandeur on Monday, October 2, at the Jogor Centre in Ibadan. This event, which showcased the boundless potential of Nigeria’s young business owners, was made even more remarkable by a partnership with the Oyo State Government.

The Oyo State Government proudly sponsored this year’s ceremony to symbolize its commitment to nurturing entrepreneurship, fostering innovation, driving economic growth in Nigeria, and empowering the next generation of business leaders.

The event was graced by the presence of esteemed alumni and past recipients of the award, distinguished personalities, and members of the press. Notable attendees included the Oyo State Commissioner for Youth and Sports, Honourable Wasilat Adegoke, who commended the initiative and its impact on youth empowerment.

The SME100 Africa 25under25 Awards has earned its reputation for propelling early-stage and growing businesses towards achieving their audacious dreams by providing essential support and resources. This year, awardees are privileged to access an 8-week intensive program meticulously crafted to enhance various facets of their businesses and equip them with valuable tools for sustainable growth.

Nominees, too, are set to benefit from this transformative journey, joining the winners in their pursuit of entrepreneurial success.

Remi Ademiju, CEO of SME100 Africa, shared his vision for the awards: “Nigeria boasts a vibrant young population, and the 25under25 Awards is our way of harnessing that youthful potential by offering unwavering support to young entrepreneurs on their path to success. For this 8th edition, we aim to create a comprehensive entrepreneurial growth experience for our winners.”

Recognizing the pivotal role of capital in business expansion, the awards also provide avenues for business owners to access much-needed funds.

Speaking on the partnership with the Oyo State Government, Ademiju expressed gratitude, stating, “We appreciate the Oyo State Government for their tremendous support this year. They share our vision—a vision where young Nigerians are not merely job seekers but job creators, actively contributing to the nation’s growth and development.”

In traditional fashion, individuals from various categories, including Agriculture, Fashion, Food and Beverages, Software and Design, Sports, and many more, were honoured. The full list of winners is available on the 25under25 website.

As the 25under25 Awards continues to inspire and recognize the innovative spirit of young Nigerian entrepreneurs, it stands as a testament to the incredible potential of the nation’s youth in shaping a brighter future.

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