Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...

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8. Workload:I am afraid of not being able tohandle all the workload9. Corruption:I am de-motivated from the levelof corruption in business (or society in general)10. Competition:I am afraid of the strong competitionin my line of business11. Market DemandI am worried by the possibilitythat people would not have aneed for my productOr services.12. Other: (please explain)7.0. Government regulations and policies7.1 What is your (positive and negative) perception with regulations, administrative procedures?bureaucracy while starting a business?What regulations is an administrative hurdles in registering/licensing a business?(e.g. registration costs/ duration/ complex procedures)What regulation(s) did you find most onerous/helpful in trying to set up your business? Please give somedetails and explain why!………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………6.2. Other regulative barriers: The following regulations have been serious barriers to set up my business:very serious serious less No don‘tserious barrier knowa. Taxation regulations(Unsupportive, too complex or arbitrary)b. Tax level (far too high for young people)118
c. Bankruptcy laws (very/disproportionatelyPunitive to business failure)d. Property, copyright and patent regulations(poorly enforced or too strict)e. Competition law (e.g. restricted market access)f. Subsidy policy (e.g. disadvantagedthrough subsidies for competitors)g. National trade policyh. Other: …………………………………………………………………...6.3. Have you benefited from any government promotional programme/policy supporting business ventures (ofyoung people)? What have been the advantages and the drawbacks of the programme?………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………6.4. How should the regulatory framework in your country be improved in favour of young entrepreneurs?Which kind of government support would be valuable for you?………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………8.0 Start-up financing8.1. What kind of start-up financing, if any, did you need?a) money (borrowed) from family or friends or personal contactsb) credit, loan, leasing, insurance(s,. seed funding or subsidies (from the government, banks, micro-creditinstitutions, cooperatives, NGOs or other financiers?)………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………8.2. What are your negatives and positive experiences regarding the access to start-up financing?Was it rather easy or difficult to obtain financing?119
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Promoting Youth Entrepreneurshipin
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3.6 CNA Results: ..................
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List of TablesTable 1: Logical fram
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ACKNOWLEDGEMENTThis dissertation co
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1.0 PROBLEM STATEMENTThe impact of
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During the early years of independe
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The main purpose of this literature
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loans due to the high interest rate
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Gambia and Nigeria in West Africa,
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Two are highlighted here as the mos
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successfully launching a new enterp
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demand economic growth including ma
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skills training to young men and wo
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Treating youth as ‗clients‘ and
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students‘ personal environment (p
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children to go into businesses. The
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the experience to know all these re
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3.0 COMMUNITY NEEDS ASSESSMENT REPO
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forms which cover areas such as mot
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fashion, poultry, fish farming, tra
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This study targeted both the employ
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Total 20 100%Figure 12: Type of fam
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Majority of the respondents are ope
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Figure 21: Factors the influences e
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3.8.3 Important de-motivating facto
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The response here is very diverse.
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• It is helps to determine the ne
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4.0 Project Description4.1 Host Org
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emerged ( morecreative, less riskav
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selection process1.0 Stakeholdersse
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4.4.2 Implementation ReportThe proj
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4.4.5 Group Formation:This activity
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Project Objective One: Improvements
Page 68 and 69: 5.0 Monitoring and Evaluation5.1 In
Page 70 and 71: 5.3 MonitoringThis project aimed at
Page 72 and 73: There was a reported percentage inc
Page 74 and 75: 5.4 Evaluation5.4.1 Conceptual Fram
Page 76 and 77: awareness on youth entrepreneurship
Page 78 and 79: processes, knowledge practices (i.e
Page 80 and 81: are efficient. We hypothesized that
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Page 84 and 85: 6.0 Sustainability PlansThe sustain
Page 86 and 87: 7.0 Lesson Learnt7.1 RelevanceThis
Page 88 and 89: 8.0 RECOMMENDATIONSThe findings sug
Page 90 and 91: and are passionate to start busines
Page 92 and 93: 9.0 REFERENCES:Australia Government
Page 94 and 95: United Nations. (2007, December 18)
Page 96 and 97: MFI (Stakeholder)for the youthThey
Page 98 and 99: Appendix 10.3: Detailed BudgetS/N E
Page 100 and 101: Percentageincrease inincome levelof
Page 102 and 103: dataPercentageincrease inYouth-rune
Page 104 and 105: entServicesandCounselingyouthreceiv
Page 106 and 107: Appendix 10. 7: Community Needs Ass
Page 108 and 109: 4. Starting date: _________________
Page 110 and 111: 13. In your opinion, what measures
Page 112 and 113: 13.1 Other regulative barriers: The
Page 114 and 115: ……………………………
Page 116 and 117: to seek the challenge (to compete w
Page 120 and 121: What have been the major impediment
Page 122 and 123: Appendix 10. 8: Socio -Economic Sur
Page 124 and 125: Appendix 10. 9: Business Advisory a
Page 126 and 127: ___________________________________
Page 128 and 129: Description Strengths Weaknesses Im
Page 130 and 131: Appendix 10.0: Stakeholder Analysis
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