By Eyasu Zekarias

One of the top tier financial powerhouses, Awash Bank, continues to rally its support for job creation, through its second round of the solution oriented “Tataariwochu / Qaxaleewwan” competition.

Tsehay Shiferaw, CEO of Awash Bank, whilst addressing the aim of the competition signaled that, “This project aims to encourage entrepreneurs who have creative skills but could not otherwise implement them due to lack of finance.”

Those eligible to be drawn in the innovative competition include; young people who have problem-solving business ideas and who are above 18 years of age or above the tenth grade.

According to the recent announcement, the second round of the business creation competition, which was officially launched on October 5, 2023, the winner of the project is set to receive 1 million ETB and a clean loan of up to 5 million ETB to anchor the business. The bank also announced that it has prepared cash prizes for the second to fifth winning positions of the competition.

The bank, which has made an agreement with the consulting company “First Consent” to lead the competition for the next two years, disclosed that, “Beginner entrepreneurs can apply from October 23 to November 23, 2023, online or in person at all branches of the bank.”