Ambode Education

Lagos Earmarks N15.5 Million for Student Entrepreneurs

The Lagos State Governor, Mr Akinwunmi Ambode, has approved N15.5 million as seed funds and grants for final year students of Lagos State tertiary institutions enrolled in the Ready.Set.Work (RSW) entrepreneurship/employability training programme.

The N15.5m will be distributed as working capital among the top three teams to emerge from the RSW Business Pitch Competition, scheduled to hold September 3, 2016.

The competition will feature as curtains lower on the initiative, which exposed 500 final year students of the Lagos State University (LASU), Lagos State Polytechnic (LASPOTECH), and the Lagos State College of Health Technology to 13 weeks of employability and entrepreneurship training since June.

Special Adviser to the governor on Education, Mr Obafela Bank-Olemoh said in a statement that about 80 of the best performing students in the entrepreneurship stream of the initiative would undergo three-six months’ apprenticeship learning from seasoned entrepreneurs on how to run successful businesses.

This is in addition to 90 students from the employability stream who would be placed on six-month internships with such firms as PwC, SystemSpecs, FCMB, GTBank, Access Bank, TOTAL, Jobberman, and Stutern, among others.

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