 Hosea Constituent II Bollahan Yixiao has organized the youth entrepreneurship program 2.0 business pitch as part of his efforts to contribute to Nigerian's economy through small and medium scale enterprises. The business pitch, which took place in Lagos, had business owners, entrepreneurs and some members of the public. A correspondent, Paul George, reports. In this hall, presentations are made from young entrepreneurs and inventors with wonderful ideas. They have all applied to pitch for grants to support their business ideas. The initiator, Honourable Bollahan Yixiao says it is necessary to provide the needs of the people by supporting SMEs to boost Nigeria's economy. We've looked at businesses that 3 million can manage, do you understand? So the 3 million is for one person, I mean one team, one business. People are looking for ideas to put money into. So with the consultants we have there, we can package them and venture investors can get interested and they can choose to sponsor them. They're helping them to develop themselves privately, personally and they also create jobs. As I'm talking about managing SMEs now, they themselves are SMEs. They are creating jobs within the system and that's the idea. He assured the people that the innovation is not going to be a one-off. One of the members of the committee, Abdulmumin Edidi, announces the reward for the winner of the business pitch presentation. Whatever we lay our hands on, God let's prosper and we're able to sustain as long as we represent the people. So it's not a one-off thing. Annually we have assured them to come to stay by the glory of God. It's not all about the price. But as businesses, they're getting tutored, they're getting guided and they're able to focus on what they really need to do to make a business out of anything they're trying to show. I won't use word support but money to them to ensure that the best of their ability they're able to succeed. The winning prize is 3 million euros seed funding from the engineer, Golan Olusiogunishau. However, he has a surprise package for the first round and the second round which is going to announce by himself at the end of the programme. So all other winners, all other participants also have consolation prizes and they all have access to mentorship from the legal set of employment trust and impact innovation. So it's a total win for everybody. One of the judges, Alakbeju Uma, comments the organisers. She however encourages the participants not to give up in their pursuit for success. The winner and the first runner up Zainab Musa and last but Kabiau Mutiu express joy about the gesture. We're glad to see, especially the lady that won, the group that won. We're glad to see that, you know, they had tried at several times to get to the top but we are glad that as of today they were able to emerge first which shows that there's hope in everything. I mean they came third the last time but here they are today coming first and it was a very tough one for the judges but I'm glad that's the best man won. In the next three months with the sum of three million I was given so I intend to like get another branch that's going to be more spacious for people to come in and also at least I'm looking up to the profit of seeing maybe more than four million at the end of the, at the end of next year that's when 24. I was actually expecting the second to be the first but like I said earlier whatever God said will be, I'm just so happy about it. I feel excited, I feel privileged because I mean it's the people from the judges to pick winners, we have not a path to try to communicate what our business is about and how we intend to help society as a whole but coming second place was like, I mean I feel really excited and I'm happy about it. For those who did not get the grand prize this year are hoping for another opportunity Paul George plus TV news.