Foundation to empower N1m enterprenuers to boost economy
As part of efforts to boost government’s policies on entrepreneurship development, The Stephen Akintayo Foundation says it is targeting to empower about N1 million entrepreneurs to drive economic growth across the country Founder, Dr. Stephen Akintayo stated this in Abuja on Thursday at a press conference to herald the forthcoming Business Growth Conference According to […]
As part of efforts to boost government’s policies on entrepreneurship development, The Stephen Akintayo Foundation says it is targeting to empower about N1 million entrepreneurs to drive economic growth across the country
Founder, Dr. Stephen Akintayo stated this in Abuja on Thursday at a press conference to herald the forthcoming Business Growth Conference
According to him, one of the challenges Micro, Small and Medium Enterprises face in Nigeria is not only empowerment but mentorship and strategic guidance to succeed.
To this end, he said “The Foundation is looking at empowering one million enterpreneurs across the country in the enxt coming years with strategic mentorship and grants to ensure their businesses succeed. We want these businesses to be doing a turnover of about N1 billion and create 50 million jobs in the coming years
“The empowerment will not just be about money but also setting up an advisory body that will guide enterpreneurs on the right steps to follow to scale up and sustain their businesses because overtime we have given grants to people and the businesses were not sustained,” he said.
On the high cost of doing business, He further stated that the conference which will be holding in Abuja and Lagos will have series of renowned enterprises who mentor young entrepreneurs on ways to navigate doing business in Nigeria
Also speaking, Mr. Farouq Usman, MD of GTEXT Homes noted that the sustainability in the Nigerian business space has become an issue which is why the conference is crucial to address emerging enterprises on how to sustain, scale up and be employers of labour.