As part of a major effort to boost entrepreneurship and economic development in Cross River State, the Honourable Minister of State for Industry, Senator John Owan Enoh-JOE, will on Friday, August 29th, 2025, officially launch the “Owan-Enoh MSMEs Support Program.”
The program is designed to support micro, small, and medium enterprises by driving inclusive economic growth and encouraging innovation among entrepreneurs, especially women and youths.
According to the ministry, the initiative will open opportunities for eligible businesses and startups owned by Cross Riverians, as well as non-indigenes operating in the state, to access grants ranging from ₦100,000 to ₦500,000.
Speaking on the development, Senator Enoh stated, “Empowering local entrepreneurs is key to unlocking the vast industrial and commercial potential of Cross River. Through this program, we are providing direct financial support and empowerment materials to reduce barriers for small businesses, encourage job creation, and promote sustainable development in communities.”
The initiative comes at a time when many young business owners are seeking better access to funding, startup grants, and business loans to expand their ventures.
By creating this platform, the government aims to strengthen entrepreneurship, improve access to small business financing, and enhance opportunities for economic empowerment.
Entrepreneurs and startups are encouraged to prepare themselves to take advantage of this support scheme.
The ministry also confirmed that the application portal for the Owan-Enoh MSMEs Support Program will open soon. Detailed guidelines on eligibility, registration, and application procedures are expected to be released in the coming days.