Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...
Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...
Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
6.0 Susta<strong>in</strong>ability PlansThe susta<strong>in</strong>ability framework for this project is designed on 3S, which are share resources,shared expertise and lastly to share successes. The project believes <strong>in</strong> synergy and to work withother stakeholders who could play an important role <strong>in</strong> the project. And the most important, isownership and buy-<strong>in</strong> from the <strong>youth</strong> of which they have exhibited throughout theimplementation phase. They developed their bye-laws, and came up with bus<strong>in</strong>ess plan, madedecision on their meet<strong>in</strong>g dates and also choose their executive committee members. As part ofw<strong>in</strong>d<strong>in</strong>g up of the project, a susta<strong>in</strong>ability plan was developed as strategy of growth anddevelopment so that the project cont<strong>in</strong>ues to function <strong>in</strong>def<strong>in</strong>itely.6.1 Partner<strong>in</strong>g With Exist<strong>in</strong>g Entrepreneurship Development Centers:The project is partner<strong>in</strong>g with EDC <strong>Lagos</strong> to cont<strong>in</strong>ue with provid<strong>in</strong>g bus<strong>in</strong>ess advisory servicesto the group. The project coord<strong>in</strong>ator has been briefed and therefore, they should be accorded withthe same services received by EDC clients. This would help the <strong>youth</strong> to benefit from other valueadded services of EDC <strong>Lagos</strong>,6.2 Group Meet<strong>in</strong>g and Social Gather<strong>in</strong>g:The group were strengthened and tra<strong>in</strong>ed <strong>in</strong> cooperative formation and management. They haveexecutive committee to drive the group forward. They have been mandated to organize meet<strong>in</strong>gsmonthly and mobilize members to pay their monthly contribution and attend to members need.Some of the bus<strong>in</strong>ess strategies <strong>in</strong>itiated to promote social capital and network<strong>in</strong>g <strong>in</strong>cludes;outsourc<strong>in</strong>g of bus<strong>in</strong>ess services to members, market<strong>in</strong>g of member services and products, andrecommend<strong>in</strong>g the group to other <strong>youth</strong> and stakeholders.84