The EIC has been renamed Business Innovation Accelerated (BIA) with the aim of providing high-quality entrepreneurship training and empowerment to young Nigerians across the six geopolitical zones of the country. Unemployment has reached unacceptable levels for the Nigerian economy to remain safe. Over the years youth unemployment has been rising and this has led to rising insecurity, social vices, slow economic growth, inflation and other attendant hardships. The BOI-LBS Business Innovation Accelerator is therefore intended to boost job creation, significantly improve SME business success and reduce loan default rates due to business failure. The Centre will also provide an ecosystem to support and enhance the technical, managerial, financial, and leadership skills of entrepreneurs across Nigeria.
ELIGIBILITY
- The following key criteria will be used in evaluating potential participants:
Be at least 18 years of age. Having entrepreneurial experience will be an advantage. Could be a start-up or may have been established for some years already. Most importantly, the business should be solving a problem or meeting a need and should be scalable. - Be a citizen or legal resident of Nigeria.
- Be available to commit to the training schedule
- Special focus shall be given to youth and women.
- Two letters of recommendation
DEADLINE: March 30, 2023
To apply and for more information visit here