With a target to train 500 youths on entrepreneurship, an NGO called The Ojo Abdulqadir Foundation (TOAF) has commenced a project themed ‘BULB’ which stands for Brainstorming, Understanding entrepreneurship, Learning the ropes and Building your Dreams.
According to Mrs Zainab Ojo, a director at TOAF, the project will run from September to February 2022. The aim will be to mentor 500 young and existing entrepreneurs in Abuja.
The project will also provide start-up kits and funding for successful applicants with sustainable business plans.
Mrs Ojo disclosed that areas of focus will be agriculture and ICT among others, adding that the project will fund business ideas that have the potential of creating sustainable means of livelihood.
“The BULB project will be divided into four stages: the mentoring stage, the business plan submission stage, interviewing/pitching stage and funding stage.
“A registration portal has been created on the webpage, where participants will register to participate in the mentoring program. In the course of the mentoring program, external facilitators who are grounded in the focus areas listed above will be invited to anchor the session for four weeks.
“The objective is to mentor 500 young emerging entrepreneurs in Abuja by February 2022.
and to provide funding for successful participants with sustainable business ideas,” she said.
According to Mrs Ojo, the BULB project is an ongoing activity where participants will be mentored on the knowledge they need to venture into business in the area of agriculture such as fish farming, poultry, and snail farming. ICT businesses include website and graphics design, social media marketing.
She noted that the first set of participants have been trained extensively early in September on fish farming. The facilitator, MrJerry Idoga, touched on fish biology, how to set up a fish farm and reasons farmers do not succeed in fish farming among other topics.
The dates, times and schedules of other phases have been communicated to potential participants accordingly, Ojo disclosed.
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