Omituntun Enterprise Skills Development Programme
An initiative to empower youth for economic prosperity
Omituntun Enterprise Skills Development Programme is a visionary initiative designed to equip young individuals with the skills and knowledge necessary to succeed in the entrepreneurial landscape. This innovative program aims to foster economic growth, reduce unemployment, and promote sustainable development in Oyo State.
It is an all encompassing programme targeted at young unemployed
graduates who may already have skills and are interested in building a business of
their skill (making profit from their skills).
This entrepreneurship training will build capacity in various areas, inculcating an
entrepreneurial attitude and making beneficiaries become entrepreneurs, rather
than just having a business skill
Objectives:
– Provide training and mentorship in entrepreneurship, business management, and industry-specific skills
– Enhance the capacity of young entrepreneurs to start, grow, and sustain businesses
– Foster innovation, creativity, and leadership among program participants
– Promote economic empowerment and job creation among youth in Oyo State
-To enhance human capital development that yields sustainable and
profitable output for the beneficiary and the state.
– To identify and build a generation of young persons who are genuinely
interested in their personal development, entrepreneurial acumen and their
impact in the society.
– To train 500 unemployed graduates on leadership, entrepreneurship,
business development and life skills
-To award a business start-up grant to 500 beneficiaries
Key Components:
– Entrepreneurship training and mentorship
– Business development and management skills
– Industry-specific skills training (e.g., agriculture, technology, creative arts)
– Access to funding and resource support
– Networking opportunities with successful entrepreneurs and industry experts
Benefits:
– Improved entrepreneurial skills and knowledge
– Enhanced employability and job creation potential
– Increased confidence and leadership abilities
– Access to funding and resource support
– Networking opportunities with successful entrepreneurs and industry experts
Impact:
– Contribution to the growth of the state’s economy
– Reduction in youth unemployment
– Increased number of sustainable businesses and job opportunities
– Enhanced competitiveness of Oyo State in the global market
STRATEGY:
Beneficiaries will be drawn from each of the five zones (Oke-Ogun,
Ogbomosho, Ibarapa, Ibadan, Oyo); TOTAL BENEFICIARIES WILL BE 500
The training will be decentralized (taken to centres identified within each
Zone).
The flag off will be done in Ibadan
BASIC CRITERIA:
Indigene of Oyo State
Be a graduate (BSc or HND as minimum)
Interested to be an entrepreneur (either already running a business or is interested to
own one)
• Must have completed NYSC
Not older than 35years
Not less than 22
THE FOCUS:
4 days intensive training
1. Attitudinal re-orientation; inculcating enterprise-attitude into
beneficiaries
2. Identification of a good business idea; knowing what to do
3. Business management skills; business finance, managing
resources, bookkeeping, business plan development, business
evaluation, customer management, marketing, value chain analysis, pitching, etc
Omituntun Enterprise Skills Development Programme is a laudable initiative that empowers young individuals to become drivers of economic growth and development in the state. By providing the necessary skills, knowledge, and support, this program sets the stage for a brighter future for Oyo State’s youth and a more prosperous economy for the state.