BIO-LBS 2022 Entrepreneurship Development Program for Young Nigerians

The BOI-LBS Entrepreneurship Innovation Centre has been set up to develop impact-driven entrepreneurs who use for-profit business models to solve problems and transform society positively. The programme aims to produce a new breed of innovative and problem-solving entrepreneurs who will transform society and revamp the national economy through job-creation and the commercialization of their solutions globally.

The target audience include for-profit entrepreneurs whose businesses are solving problems or transforming society positively. They may include NYSC members, university/polytechnic graduates, prospective BOI customers (minimum qualification: WAEC)

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About Lagos Business School

Lagos Business School (LBS) is the graduate business school of Pan-Atlantic University and was founded on inspirations from the teachings of St Josemaria Escrivá, the founder of Opus Dei. LBS offers academic programmes, executive programmes and short courses (customised to specific company needs, as well as open-enrolment courses) in management. Its offerings have been accredited globally and ranked among the best in Africa, as it systematically strives to improve the practice of management on the continent.

The business school’s efforts have been recognised by several world-class accre… read more

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BIO-LBS Entrepreneurship Development Program

Aim and Benefits of BIO-LBS Entrepreneurship Development Program

• Produce world-class entrepreneurs whose products and/or services can be exported globally

• Position Nigerian entrepreneurs to take advantage of the opportunities presented by AfCFTA

• Provide capacity-enhancing opportunities to ensure entrepreneurs operate and deliver at global standards.

• Help entrepreneurs grow and expand their businesses and consequently employ more people.

• Develop Business Management capacity to enhance the managerial, financial, and leadership skills of trainees.

• Provide an entrepreneurial ecosystem to equip and support entrepreneurs

• Develop investment-ready businesses that would have been de-risked through training

Requirements for BIO-LBS Entrepreneurship Development Program Qualification

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

Certification requirements:

To be considered eligible to receive a certificate, you will be required to:

• Attend at least 80% of the sessions in each course and score at least 60% in each of course.

• Considered to be of good character as defined in the training policy to be signed upon acceptance.

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Interview date, Process and Venue for BIO-LBS Entrepreneurship Development Program

The training will be in four phases:

Phase I: Entrepreneurship orientation and Business Management training (Duration: 3 months)

Phase II: Technical training to enhance the capacity of successful candidates from phase I (Duration will depend on the type of skill being learnt and the level of expertise of the selected candidates (may be 6mths-1yr)

Phase III: Apprenticeship/business incubation/mentoring opportunities: Experience applying the skill in the context of a bigger business(3mths -1 year). (Phase II and III may occur together in some instances).

Phase IV: Access to markets and funding: Platforms (online and offline) will be facilitated to provide access to wider markets. Where necessary, access to funding will also be facilitated.

These four phases are intended to comprehensively provide everything an entrepreneur needs to succeed. All four phases ensure that participants are groomed into entrepreneurs who can operate profitable, sustainable and transformative businesses within Nigeria, that serve markets in Africa and across the globe.

Programme structure:

Classes on Entrepreneurship orientation and Business Management, will hold 3 days a week for 3 months as follows:

Tue, Wed, and Thu, every week

• Session 1:        10.00am – 11.15 am

• Break:              11.15am – 11.45 am

• Session 2:       11.45am – 1.00 pm

• Lunch break:  1.00pm – 2.00 pm

• Session 3:       2.00pm – 3.15 pm

Application Deadline

July 8, 2022

How to Apply

Interested and qualified? Go to Lagos Business School on to apply

• Fill form online (upload certificates and two letters of recommendation)

• Interview process

• Admission letters will be sent to successful candidates

For more details,visit LBS website

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