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Showing posts with the label entrepreneurship

CADEF and JLA Highlight Green Entrepreneurs in Food Innovation Call for Applications

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A Milestone in Renewable Energy Innovation The Consumer Advocacy and Empowerment Foundation (CADEF), in partnership with Jacob’s Ladder Africa (JLA), recently celebrated the graduation of the first cohort of its GreenLabs Renewable Energy Innovation Challenge. This 10-month incubation program aimed to provide young Nigerians with hands-on skills in renewable energy and green entrepreneurship, marking a significant step forward in fostering innovation and sustainability. During the event, Prof. Chiso Ndukwe-Okafor, Executive Director of CADEF, delivered a keynote address that highlighted the achievements of the graduates. She praised them for transforming their ideas into tangible innovations and reflected on the origins of the GreenLabs initiative, which began as a conversation in South Africa and has now taken root in Nigeria. The program embodies a vision of homegrown creativity and sustainable progress. “I see the wisdom of God in how these young people birthed ideas and turned t...

BOI Unveils N2bn Loan Program for NYSC Members

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Launch of N2 billion Entrepreneurship Programme for NYSC Members The Bank of Industry (BOI) has launched a groundbreaking initiative aimed at empowering the youth through affordable loans and entrepreneurial support. This new programme, titled “N2 billion BOI–NYSC Entrepreneurship Programme,” was officially inaugurated in Abuja on Wednesday. The initiative is designed to provide National Youth Service Corps (NYSC) members with financial opportunities to start or expand their businesses. Olasupo Olusi, the Managing Director of BOI, announced the programme during the inauguration ceremony. He emphasized that this initiative is part of a broader strategy to address unemployment and foster youth-led enterprises. The programme offers loans of up to N5 million per beneficiary, with a single-digit interest rate of 9 percent per annum. Borrowers will have three years to repay the loan, along with a three-month moratorium on both principal and interest. A Strategic Partnership This partners...

Service & Experience with J. N. Halm: Ubuntu in Entrepreneurship

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Many people will not easily recognize the name Klaus Martin Schwab. Many might never have even heard of him at all. However, many know of the World Economic Forum. The annual gathering at the end of January in the Swiss mountain resort of Davos is a staple among the who’s who of global economics, trade and finance. Many are not aware that Klaus Schwab is the founder of this global gathering and only resigned as its Chairman early this year. The now 87-year-old German mechanical engineer and economist came up with the brilliant idea as far back as 1971. His reason for setting up the Forum? In a February 2025 statement, this was exactly what he said: “Shareholder capitalism, which dominated the 20th century, asserts that the primary goal of a company is to maximise profits for its shareholders: the owners of the company. This model drove economic growth, but often overlooked broader social and environmental impacts. Stakeholder capitalism, by contrast, sees companies as part of a la...

From Grind to Glory: The Online School for Tomorrow's Entrepreneurs

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The Evolution of Hustle: From Side Gigs to Sustainable Businesses In today's fast-paced digital world, ambition alone is not enough for success. Many individuals possess grit and a strong desire to make money on their own terms; however, lacking the right skills, mentorship, and platforms, they often find themselves stuck in low-paying side hustles rather than building real businesses. By bridging this gap, online schools for entrepreneurs equip students with practical, market-ready skills and transform hustle into sustainable income. This shift from hustle to true entrepreneurship is best illustrated by platforms like The Real World, an online school that has quickly gained global attention. It combines community-driven learning, expert mentorship, and hands-on training to equip aspiring entrepreneurs with the tools they need to build successful digital businesses. In many ways, it represents a new era of education—one where hustlers aren't left chasing small wins but instea...

Techpreneur Odo Challenges Nigerian Youth to Create Value-Driven Solutions

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Techpreneur Champions Youth Innovation and Community Impact Techpreneur and founder of eGP, Chukwuebuka Michael Odo, has called on Nigerian youths to focus on developing solutions that add value, create meaningful impact, and ensure equal opportunities for all. His message comes after receiving the Innovative Leadership Award from the Raise the Boy Child Initiative, which recognized his efforts in empowering boys in underserved communities with technology skills. Odo, who is based in the United Kingdom, was selected from a pool of nominees for his contributions to social development and his support of the NGO’s mission. The organization highlighted his work through two key projects: Oversabi AI, a learning tool designed to provide new opportunities for young boys, and eGP, a digital healthcare platform aimed at improving access to medical consultations. In an official letter, the organisation’s secretary, Chiedu Amalu, praised Odo for his creativity, leadership, and commitment to so...

InnovateNaija: Fueling Local Innovation Movement

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A Nationwide Initiative to Empower Nigerian Innovators The National Agency for Science and Engineering Infrastructure (NASENI) has launched a bold initiative called InnovateNaija, a nationwide innovation challenge that offers a total of ?250 million in funding. The goal is to identify and support young Nigerian innovators who are working on creative solutions to local challenges. This program aims to spark excitement and online engagement by encouraging participants to showcase their inventions or ideas through video submissions. The competition will provide not only financial support but also mentorship and exposure to innovators across all 36 states and the Federal Capital Territory (FCT). The overall winner will receive ?100 million to scale their solution, making it one of the most significant prizes in Nigeria’s innovation landscape. The challenge is designed to ignite creativity and generate vibrant energy within the country's innovation ecosystem, using social media to cre...