To further cushion the effect of COVID-19 and provide jobs in the country, the Osun State Government and Bank of Industry trained over 2,000 youths on entrepreneurship. The Skills Upgrade and Entrepreneurship Training Programme was designed to generate 15,000 direct and indirect sustainable job opportunities annually. The programme was designed to provide participants who were adversely affected by the COVID-19 pandemic with skills upgrade training to make them relevant in the changing economic landscape.
The Osun State Government, in collaboration with the Bank of Industry (BOI), using the established OSSG-BOI (MSME) Fund, provides loans to operators of Micro, Small and Medium Enterprises (MSMEs) in Osun State. This collaborative effort has resulted in the State Enterprise & Empowerment Programme (SEEP), where Osun State Government funds will be disbursed to qualified beneficiaries of the State using the BOI Micro Loan Technology.