In line with the determination to contribute its quota to the development of small scale businesses and realisation of sustainable development goals in Nigeria, a non-governmental organisation, Junior chamber International (JCI), Nigeria, has concluded plans to stage an entrepreneurial challenge for the youths.
The entrepreneurial challenge, which is put together with support from a global accountancy body, Association of Chartered Certified accountants (ACCA) and Microsoft, is targeted at individuals and businesses that can create economic prosperity, generating employment and adding value to customers.
Speaking at a press briefing to unveil the maiden edition of the contest, the president of JCI, Nigeria, Mr. Tunji Oyeyemi, said the organisation’s decision to initiate such challenge was borne out of the need to support government especially in line with its effort to diversify the economy and assist it in meeting the Sustainable Development Goals as contained in the UN Charter.
He added that with the growing level of unemployment in the country as revealed in the data provided by National Bureau of Statistics, there is the need to develop the Small and Medium Scale Enterprise (SMEs) to create jobs, hence the reason for the birth of the program.
The program which is considered open to Micro, Small and Medium Enterprises, Start-ups, Artisans, Students as well as Graduates commenced on June 12, 2016 with entries billed to end by August 15, 2016.
On his part, the representative of ACCA, Mr. Ayoola Ademoye, who explained the role of ACCA, said the body is excited to be part of the program stressing that such initiative is bound to reduce unemployment in the country. According to him, ACCA is ready and willing to offer financial supports for the take-off of the program.
He said: “In line with the vision of the organisation, ACCA, a global professional accountancy body, is ready to offer financial supports for the take-off of the entrepreneurial challenge. We believe as the initiative goes on, there will be a lot of innovative ideas. We believe it is the first of its kind in Nigeria and a lot of ideas will come out of this to solve the problems of employments in Nigeria.”
Speaking on the modalities and selection process for the challenge, the Team Lead of JCI, Nigeria Entrepreneur Challenge, Sherif Ibrahim, stated that businesses with less than two years were eligible to participate, adding that all applications would be subjected to scrutiny by panel of technocrats to determine the best three.
Amusan Olusola, representative of Microsoft, who commented on the initiative, said the technology company is indeed happy to be part of this considering the fact that the program aligns closely with its mission which in the long run could help to create opportunities.”
- 11 Mistakes Standing Between You and Your First Million
- Experts Identify Problems Hampering Agribusiness