Application Deadline: July 22nd, 2023
The Business Innovation Accelerator (BIA), formerly known as EIC, aims to empower young Nigerians across all six geopolitical zones by providing top-notch entrepreneurship training. The program addresses the alarming rise in youth unemployment, which has led to various social and economic challenges.
Through the BOI-LBS Business Innovation Accelerator, the goal is to foster job creation, boost SME success, and reduce loan defaults by equipping entrepreneurs with technical, managerial, financial, and leadership skills. This initiative strives to develop impact-driven entrepreneurs who utilize profitable business models to address societal issues, transform the nation's economy, and create a positive global impact.
Target Audience
The program welcomes for-profit entrepreneurs who are dedicated to solving problems and making a positive impact on society. Whether they are NYSC members, recent graduates, or prospective BOI customers, all applicants with scalable and problem-solving businesses are encouraged to apply.
Eligibility and Selection Criteria
Prospective participants should possess some entrepreneurial experience, and their businesses must address a need or solve a problem. Additionally, they must be Nigerian citizens or legal residents, committed to the training schedule, and special emphasis will be given to youth and women entrepreneurs. Two letters of recommendation are also required for consideration.
Program Structure
The program's comprehensive structure spans three days a week for three months. Entrepreneurship orientation and business management classes will be conducted on Tuesdays, Wednesdays, and Thursdays, ensuring an immersive learning experience.
Certification Requirements
To be eligible for a certificate, participants must attend at least 80% of the sessions and achieve a minimum score of 60% in each course. They must also demonstrate good character throughout the program.
Application Procedure
Applicants must complete the online form, including the submission of certificates and two letters of recommendation. Successful candidates will be invited for an interview, and admission letters will be sent to those selected.
Join the Transformation
If you are a driven entrepreneur with a passion for solving societal issues and making a lasting impact, seize the opportunity to participate in the BOI-LBS Business Innovation Accelerator Program 2023. Visit the official webpage for more information and embark on your journey to transform Nigeria's future.
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