Definition of Unemployment rate: This entry contains the percent of the labour force that is without jobs. Substantial underemployment might be noted. Inflation stands at 12% Official unemployment rates are 4.9% The reason for such a low number is because many Nigerians are entrepreneurs. Either by choice or circumstance However they face the same challenges: ◦ Funding ◦ Business training ◦ Accounting services ◦ Business growth advisory services ◦ Marketing The New Business Initiative NBI seeks to address all these problems
OUR MANDATE OBJECTIVE responsibly promotion of youths in To annually access, mentor various endeavors that would and engage over 500 young foster positive change and people and contribute to development in our society. the number of employable expertise in Nigeria. OUR VISION To create platforms for the OUR VALUES Nigerian youth to get established LEADERSHIP in the human capital development PRODUCTIVITY industry CREATIVITY TEAMING OUR MISSION ADDING VALUES To create opportunities for the Nigerian youth using entertainment and entrepreneurship as a means of empowerment and self-reliance
The NBI will kick start from the fashion industry This is because of the associated industries and spill over job creation and new business generation opportunities in associated fields. The global penetration and reach These associated fields cover: ◦ Textiles ◦ Online media and platforms ◦ Entertainment ◦ Media ◦ Publishing ◦ Fashion accessories ◦ Cosmetics and beauty
BEK AFRICA will seek for nominations from vocational centers, initiatives, and Organization for youths who have skills in: Clothes making, Leather works Bead making Hair An exhibition interview will be set up by BEK Africa to select ten youths to participate in the programme after the exhibition.
TRAINING THE ENTREPRENEURS: The selected entrepreneurs will be sent to LEAP Africa for a Leadership training in: Entrepreneurship, Building solid business plans, Marketing, Customer relation and loyalty, Partnership and business expansion etc; Training duration: 7 working days Training venue: Leap Africa offices
BEK Africa will send the entrepreneurs for a two week mentorship programme with professionals in the fashion industry The goal is to gain first hand experience on running a business Mentors include but are not restricted to: ◦ Zizi Cardow ◦ Dakova ◦ FAB ◦ Vivid Imagination ◦ Susan Eyo Honesty ◦ Idowu Tailors ◦ JVD
RAISING THE ENTREPRENEURS: BEK Africa will invite successful business owners, and the following: ◦ Family members, ◦ Micro finance banks, ◦ Community leaders and community based organizations Business support will be through: ◦ Material support ◦ Financial investment ◦ The goal is to aid the business birthing process.
MONITORING THE ENTREPRENEUR: BEK Africa will monitor the progress of selected fashion entrepreneurs Monitoring Goals include: ◦ Fund application ◦ Business growth ◦ Business expansion ◦ Training
Fundraising and networking reception November 17th 2012 -Time 3pm-6.30pm The goal is to ensure that the kick start is made available.
The press conference September 21nd 2012. Time 10am The quest October 27th 2012. Time 10am TRAINING THE ENTREPRENEURS: October 29th -2nd November 2012 Mentoring: November 5th -16th 2012 Fundraising /networking reception November 17th 2012 -Time 3pm-6.30pm
US Consulate: Providing global exposure and access as well as exhibition opportunities Leap Africa: Training and mentoring tracking Your brand!
We are offering : Direct access to new businesses Positive brand association with strong global and continental brands Direct marketing opportunities Direct sales opportunities Guaranteed immediate cumulative value offering and media value in excess of N5million.
Job creation opportunities Positive association with global brands and players Tax deductible CSR donations New business acquisition Value propositions to be further explored