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

Regulatory framework conditions; andAccess to finance/start-up financing.3.3 Major CNA questionsA. What are the attitudes and perception of young people towards engaging in entrepreneurialactivity?B. What are the motivations or incentives that make starting a business a viable career optionfor youth?C. What are the concrete barriers and constraints that impede young people from starting andrunning an enterprise?3.4 CNA MethodologyIn order to accomplish the objectives of this study, comprehensive desk research was combinedwith consultations of young entrepreneurs and close collaboration with a broad range ofstakeholders (organizations) in the area of youth entrepreneurship A questionnaire was designedto capture and unlock local and situational knowledge and to obtain entrepreneurs‘ perceptionsregarding the constraints, barriers and incentives to business engagement. The questionnairesserved to complement the study with hands on experiences, interesting examples, comments andquotes of young entrepreneurs.The Socio economic survey provided more insights on the income level, demographics andemployment status of the youth which would be used as a baseline at the end of the project. Thedata collated gave detailed information of the household which contributes or have some roles toplay in socio-cultural influences on the youth.Sample Selection:The group were identified based on the following characteristics; would be entrepreneurs andexisting entrepreneurs. All within the age bracket from 20-35 and reside in Lagos State. Theproject Manager investigated youth attitudes towards entrepreneurship. A group of 20 peoplewere identified and sampled which includes 15 females and 5 males. About 15 returned back their37