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

fashion, poultry, fish farming, trading, communication e.t.c. Modern agriculture has considerablepotential for job and wealth creation and may absorb large numbers of youth who currently crowdthe cities with underemployment. The project focus is to look at areas for likely youth investmentand provide the youth with needed support on how to select and embark on such venture.3.6 CNA Results:Demographics:3.6.1 Age:# Answer Response %1 Below 20 3 17%2 20-29 12 67%3 30-35 3 17%Total 18 100%Figure 5 Age distributionFrom the survey conducted, 67% are within the ages of 20-29 and 17% falls within the ages of30-35. They are all classified as Emerging and Budding entrepreneurs. A study carried out by ILOon series in Entrepreneurship report (2005) regards those within the ages of (26-29 years) asEmerging entrepreneurs and those at the ages of (20-25 years) as Budding entrepreneurs.The emerging entrepreneurs are those at the prime stage. They have valuable experiences inbusiness; emergent entrepreneurs have a higher level of maturity than youth in the lower agegroups. Hence they are more likely to run more viable enterprises than younger people. AndBudding entrepreneurs are at the growth stage. These youth are likely to have gained someexperience, skills and capital to enable them run their own enterprises. They often face threeenterprise pathways: 1) remaining stuck in marginal activities; 2) going out of business; and 3)running successful enterprises.17% of the youth are below 20 years and they were group as Pre-entrepreneurs (in the age of15-19 years): This is the formative stage. These younger youth are often in transition from thesecurity of the home or education to the work place. But, as Curtain (2000) observes, for manyyoung people, the transition from education to work is not a single step of leaving the educationalsystem and entering the world of work.3.6.2 Gender:# Answer Response %0 Male 3 19%1 Female 13 81%40