Olusola Amusan Company: Facilitating Support for Nigerian StartUPs

Olusola Amusan Company, BrandStarters and SEED are in partnership to facilitate support for Nigerian startUPs through FUNDS and TRAINING for Entrepreneurship development. This post is via The Book of Solutions

Unemployment in Sub-Saharan countries is a current global challenge and it is on the increase. One of the major consequences of unemployment is the desperation and waywardness of youth. There is also an increase in the involvement in various anti-social activities and offences. One of the reasons young people are having issues finding employment is a limited number of jobs.

Between 2000 and 2008, only about a third of the 74 million jobs created in Africa were for people ages 15 to 24.Certain types of skills determine whether young people will be able to find work, contribute to their local and national economies, and live up to their individual developmental and earning potentials.


Support for Nigerian StartUPs

StartupsIt is becoming clearer that entrepreneurship is the answer to unemployment in Africa and entrepreneurship continues to drive our economy. “Respondents across all countries included in the survey were in agreement that entrepreneurs are job created. However, many people lack the resources and tools they need to succeed. It is disturbing to know that about 20% of start-up businesses fail in their first tear while 60% of established businesses fail in their sixth year. Key reasons of this result are lack of sound of financial management and access to capital. There is the need for people to learn the ropes of entrepreneurship to solidify their growth overtime.

More organisations are beginning to encourage entrepreneurship and one of such is the Brand Starters of the Olusola Amusan Company(OAC). Alongside its development partners SEED (School of Empowerment and Entrepreneurship Development), the OAC has organised a training to help young innovative entrepreneurs achieve their dream. 13-Hours-To-Board-Room is a StartUp BOOT Camp equipped with a rich faculty of seasoned speakers, entrepreneurs and industry professionals to train young people with great ideas on how to effectively manage the non-interest micro loan that will be made available to them.

“Our goal is to build young entrepreneurs who will start business, and sustain them to a level that is significant enough to affect both our National and Global economy” – Olusola Amusan, founder of the OAC group, a young growth consultant and serial entrepreneur.

These non-interest loans the range from a minimum of N500, 000 to a maximum of N1, 200, 000 payable over a 2year tenure. Over 45 StartUps applied and about 25 of them were shortlisted to partake in the programme. The modules that will be covered during the training are: Developing Systems and Structures for Start Ups, Financial Management and Book keeping, Hiring and Staffing, Business Plans and Proposals and Attracting Investors. The boot Camp holds on Saturday, 31st August and Sunday, 1st of September, 2013 at the prestigious New Royal birds Hotel and Towers, Alagbaka GRA, Akure, Nigeria

If you are in Nigeria and you want to take part in this, please find your way to New Royal birds Hotel and Towers, Alagbaka GRA, Akure, Nigeria on Saturday, 31st August and Sunday, 1st of September, 2013


Originally posted 2013-08-30 15:40:51.