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Entrepreneurship & Business Development

Introduction

The Entrepreneurship and Business Development Department (EBDD) is responsible for:

  • promoting entrepreneurship development in the country
  • capacity building and provision of business support services to practicing and potential entrepreneurs and Micro/Small/Medium Enterprises and
  • providing support services for policies and programmes that promote mainstreaming of women and youth empowerment in the socio-economic development of the nation.

Mrs. Olanike Adeyemo
Director, Entrepreneurship and Business Development

STRATEGIC OBJECTIVES

The strategic objectives of the department include:

  • carrying out training and providing consultancy/advisory services to client organizations;
  • conducting research on strategic areas in entrepreneurship;
  • designing relevant training workshops in entrepreneurship;
  • developing micro and small enterprises’ clinics for all sectors;
  • establishing business incubation and demonstration centres;
  • creating entrepreneurship database for the department; and
  • initiating institutional collaborations and partnerships with relevant local and international agencies.

Departmental Structure:

 

The department is made up of three divisions:

  • Entrepreneurship and Development (ED) Division;
  • Business Advisory and Consultancy Services (BACS) Division; and
  • Women and Youth Empowerment (WYE) Division.

Entrepreneurship and Development (ED) Division:

  • designing and implementing SME-based training programmes
  • designing and implementing poverty alleviation training programmes as well as other relevant programmes in line with current global trend and Federal Government policies and programmes
  • designing training programmes on start-up, management, finance and sustainable operations of the MSMEs sector in Nigeria
  • conducting feasibility study and writing of business plan
  • promoting creativity and innovation in entrepreneurship
  • engaging in inter-agency collaboration required to promote development of the MSMEs subsector
  • engaging in exchange programmes with relevant public and private institutions with the aim of identifying and adopting best practice in entrepreneurship development

Business Advisory and Consultancy Services (BACS) Division:

  • supporting entrepreneurs to write and interpret business plans
  • conducting feasibility studies for Nigerian enterprise owners
  • providing consultancy and advisory services for Nigerian enterprises
  • exposing intending entrepreneurs to practical experiences through field visits
  • engaging in inter-agency collaboration and cooperation in promoting entrepreneurship development
  • engaging in exchange programmes with relevant public and private institutions with the aim of identifying and adopting best practice in entrepreneurship development
  • providing business advisory services to small-scale enterprises

Women and Youth Empowerment (WYE) Division:

  • designing and implementing gender-based development training programmes
  • empowering Women through capacity building, particularly those who have talent for certain vocations and enterprises
  • providing advisory and consultancy services to Women and Youth entrepreneurs
  • providing support services for policies and programmes that promote mainstreaming of Women activities in the socio-economic development of the nation
  • collaborating with institutions (National, International, Private & Public) that have track record of promoting Women and Youth empowerment and advancement
  • partnering with NGOs/ CBOs and Government for Women and Youth advancement
  • organizing public lectures/ seminars and symposia for Women and Youth empowerment