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

Treating youth as ‗clients‘ and not mere programme ‗beneficiaries‘Research into start-up and business financeProvision of finance and fundingShifting the focus from ‗product-centered‘ to ‗customer-based‘ programmesInnovative steps are needed for new types of collateral, such as business plan, level ofeducation, and group membership,Broadening the current definition of ‗sustainability‘ from a narrow focus on programmesustainability to livelihood viability through enterpriseDe-politicizing micro or youth credit schemes, especially in Least Developed Countries,Strengthening financial systems management. (Chigunta, 2002 pg 24)With all these intervention in place, youth are encouraged to search for finance to run asustainable enterprise and meet his/her needs and that of their families.2.7.2 Entrepreneurship EducationEntrepreneurship education is crucial and key in assisting young people to developawareness that ownership of a business is a viable option, develop entrepreneurial skills, attributesand behaviors. The Australian Ministerial Council on Education, Employment, Training andYouth Affairs (MCEETYA) has defined (enterprise education as: ―Learning directed towardsdeveloping in young people those skills, competencies, understandings, and attributes whichequip them to be innovative, to identify, create, initiate and successfully manage personal,community, business and work opportunities, including working for themselves‖ (AustraliaGovernment Department of Education, 2000) 22 http://www.dest.gov.au28