Loveworld raises $1m to back entrepreneurs through new capital fund

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Loveworld Capital Fund has raised $1 million through the church’s Ministry of Commerce to create a pool of capital to support strategic business owners and entrepreneurs within its network.

‎‎The fund forms part of Loveworld’s broader effort to transform its large business community into a more organised economic network by connecting capital with entrepreneurs seeking funding to grow their businesses.

‎‎A significant portion of the financial vehicle will be directed towards positioning the Loveworld Kingdom for what it describes as Kingdom economy advancement.

‎The initiative is expected to support greater business ownership, investment and enterprise development within the Loveworld network as part of the Ministry of Commerce’s economic agenda.

‎‎The fund is therefore intended to provide capital for selected business owners and entrepreneurs while strengthening the economic activities and enterprise-building efforts within the network.

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