The federal government has commenced startup programme to build entrepreneurial spirit in youths and prepare them toward self-sustaining activities rather than be job seekers.
Special Assistant to the Vice President on Innovations and Entrepreneurship, Ife Adebayo, who made the revelation in an interview with newsmen yesterday in Abuja, said the programme would involve training youths in the area of innovation and technology, starting from the North-Central and South-east region of the country.
According to Adebayo, the overall objective of the programme was government to galvanise social and economic activities to boost the economy.
“Startup Nigeria, as a programme, focuses on innovation, agriculture and technology, everybody involved in innovation, technology and agriculture within the two regions will be supported to achieve his or her objectives.
“Globally, it is known that people who work in start-up organisations ends up being employers of labour, and build their businesses from the ideas they got from such ventures. The start up programme fully supports the president’s goal and zeal, which stresses the need to have more employers than job seekers in the country.
“Beyond the direct impact in the collaborative company, there are a lot secondary and tertiary impact on the nation. This is because, as government reaches out to a lot of startups, they will in turn train more people on entrepreneurial skills and employ others,’’ he said.
The VP’s aide also said the startup would be funded from the N500 billion, Federal Government fund, earmarked for the implementation of social investment programmes.
He, however, assured that conscious effort was being made to effectively fund the programme for government to achieve its aims and objectives of putting Nigeria on the path of enhanced entrepreneurial, technological, innovative and agricultural development.
According to him, government will also engage and pay experts that will teach participants and offer advice and guidance them on agriculture, technology, financing projects among others, free of charge.