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

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forms which cover areas such as motivation or interest level in entrepreneurship, perceptions andbarriers to start up businesses and occupational aspirations.3.5 CNA Tools:The tools used were the socio economic survey tool, FGD and Questionnaire, and businessadvisory counseling tool.3.5.1 Socio- Economic Survey Tool:This tool was used to establish the socio-economic baseline data of the target group and to have abroader understanding of their present income level, access to credit, available source of credit,employment status. Furthermore, it is hoped that the survey will lay the foundations for compilingbaseline data for Assessment indicators, and poverty statistics. In addition to standard modulesnormally covered under socio-economic household surveys, sections that were included are Selfesteem level, youth participation and in decision-making as well as self confidence were amongthe questions asked.3.5.2 Business Advisory Counseling Survey Tools- QuestionnaireThis questionnaire is designed to obtain more information about youth perceptions, opinions,experiences and particular knowledge regarding the challenges and successes they faced instarting and maintaining their business as well as ways to stimulate youth entrepreneurship . It isused as a training tool, for business support services and to monitor the business operationalperformance.3.5.3 Focus Group DiscussionThe focus group discussion method was used to gather more detailed information and issuesaffecting youth especially with some complex issues that were difficult to disclose in other toolsused. This method provided the youth with an opportunity to express themselves and askquestions. They were also able to learn from each other and know how to tap from each other‘s38
talents and resources. It was during one of the discussion process that they group agreed to selecttheir leaders and decide on how to move forward.The purpose of the focus group discussions was to explore both external and internalchallenges facing the entrepreneurs and ways to stimulate youth participation in entrepreneurshipFocus group questions:What type of income generating activities are you engaged in?Does the income generating activity provide enough to help you meet your immediate needs andthat of your family?What help do you need in order to earn more money from business?What is the biggest challenge in your microenterprise?Do you participate in your community?Do you make decisions on your own in terms of needs and priorities?3.5.4 Profile of the Target Group:The burden of turning around Nigeria economy rest on our youth. In Nigeria, more than 60-70%of the population is under 18. The Director of the National Planning Commission of Nigeria,Ayodele Omotoso, in Nigeria, during the annual Spring Meetings of the World Bank andInternational Monetary Fund, to discuss ways to alleviate the growing problem of youthunemployment in Africa (2009) said that ―youth unemployment in Nigeria is 60 to 70 percent,and the labor market can only absorb 10 percent of new job entrants. Youth have abandonedagriculture and this has resulted to increase in rural urban migration. The project targets are madeup of youth living in the urban city of Lagos and who are within the ages of 15-35 years. They aredivided into unemployed, semi-employed and fully employed. More than 80% of the entireproject populations are women. And they are into small scale enterprises like, beads making,39
Page 1 and 2: Promoting Youth Entrepreneurshipin
Page 3 and 4: 3.6 CNA Results: ..................
Page 5 and 6: List of TablesTable 1: Logical fram
Page 7 and 8: ACKNOWLEDGEMENTThis dissertation co
Page 9 and 10: 1.0 PROBLEM STATEMENTThe impact of
Page 12 and 13: During the early years of independe
Page 14 and 15: The main purpose of this literature
Page 16 and 17: loans due to the high interest rate
Page 18 and 19: Gambia and Nigeria in West Africa,
Page 20 and 21: Two are highlighted here as the mos
Page 22 and 23: successfully launching a new enterp
Page 24 and 25: demand economic growth including ma
Page 26 and 27: skills training to young men and wo
Page 28 and 29: Treating youth as ‗clients‘ and
Page 30 and 31: students‘ personal environment (p
Page 32 and 33: children to go into businesses. The
Page 34 and 35: the experience to know all these re
Page 36 and 37: 3.0 COMMUNITY NEEDS ASSESSMENT REPO
Page 40 and 41: fashion, poultry, fish farming, tra
Page 42 and 43: This study targeted both the employ
Page 44 and 45: Total 20 100%Figure 12: Type of fam
Page 46 and 47: Majority of the respondents are ope
Page 48 and 49: Figure 21: Factors the influences e
Page 50 and 51: 3.8.3 Important de-motivating facto
Page 52 and 53: The response here is very diverse.
Page 54 and 55: • It is helps to determine the ne
Page 56 and 57: 4.0 Project Description4.1 Host Org
Page 58 and 59: emerged ( morecreative, less riskav
Page 60 and 61: selection process1.0 Stakeholdersse
Page 62 and 63: 4.4.2 Implementation ReportThe proj
Page 64 and 65: 4.4.5 Group Formation:This activity
Page 66 and 67: 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
Page 82 and 83: elationship with the income level.
Page 84 and 85: 6.0 Sustainability PlansThe sustain
Page 86 and 87: 7.0 Lesson Learnt7.1 RelevanceThis
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8.0 RECOMMENDATIONSThe findings sug
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and are passionate to start busines
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9.0 REFERENCES:Australia Government
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United Nations. (2007, December 18)
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MFI (Stakeholder)for the youthThey
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Appendix 10.3: Detailed BudgetS/N E
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Percentageincrease inincome levelof
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dataPercentageincrease inYouth-rune
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entServicesandCounselingyouthreceiv
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Appendix 10. 7: Community Needs Ass
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4. Starting date: _________________
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13. In your opinion, what measures
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13.1 Other regulative barriers: The
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……………………………
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to seek the challenge (to compete w
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8. Workload:I am afraid of not bein
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What have been the major impediment
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Appendix 10. 8: Socio -Economic Sur
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Appendix 10. 9: Business Advisory a
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___________________________________
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Description Strengths Weaknesses Im
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Appendix 10.0: Stakeholder Analysis
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