Nigerian Pastor Launches $300K Fund for Young Entrepreneurs

One hundred young Nigerian entrepreneurs are about to get a serious jumpstart on their business dreams, thanks to a $300,000 grant program unveiled this week.

Pastor Jerry Eze, founder of Streams of Joy International and the popular New Season Prophetic Prayers and Declarations ministry, announced the initiative in a video message to his followers. Each selected participant will receive at least $3,000 to develop existing ventures or launch new businesses in three critical sectors: agriculture, technology, and manufacturing.

The funding represents a significant investment in Nigeria's youth, where access to startup capital often determines whether innovative ideas live or die. For young people with promising business concepts but empty bank accounts, $3,000 can mean the difference between staying stuck and building something real.

Pastor Jerry emphasized that an independent organization will handle the entire selection and disbursement process. This structure aims to ensure fairness and transparency, addressing common concerns about favoritism in grant programs.

The pastor described the announcement as just a "teaser" for bigger plans ahead. "This is an early insight into a larger plan," he said, hinting that the Jerry Eze Foundation has more initiatives in development for 2026.

The Ripple Effect

Supporting young entrepreneurs in agriculture, technology, and manufacturing could create waves far beyond the 100 initial recipients. Agricultural ventures can improve food security in local communities. Tech startups often hire other young people, multiplying the employment impact. Manufacturing businesses strengthen local supply chains and reduce dependence on imports.

The foundation's holistic approach recognizes that young people need both spiritual guidance and practical resources. "The Jerry Eze Foundation caters for the total man," Pastor Jerry said, encouraging youth to explore opportunities in business and innovation.

This blend of faith leadership and economic investment reflects a growing trend among religious organizations recognizing that hope requires both prayer and practical action. When churches and ministries put real money behind community development, they transform abstract encouragement into concrete opportunity.

Applications and selection details are expected soon as the foundation finalizes its partnership with the independent selection organization. For 100 young Nigerians watching and waiting, those details could unlock the business future they've been working toward.