Daramola: Entrepreneurship Must Be Seen Beyond Start-Up Capital


Convener of Project 60.60.60, Bimbo Daramola has stated that there was need to give a signature tune to entrepreneurship in Nigeria, and that this should exceed the entrepreneurship start-up capital.

He said this at the South-west Entrepreneurs Boot Camp Screening held in Lagos recently.

“There are things that we must do that are structural by inclination. Entrepreneurship must be seen beyond start-up capital. The money that has been delivered as capital has not delivered anything,” he said.

“There are currently 39.4 million jobless people in Nigeria. A structural dimension to raising entrepreneurs in Nigeria is highly essential at the moment.

He also stated,“Our plan is to make entrepreneurs go through the 18 months window, and if they survive, they are likely to be successful entrepreneurs.”

“The boot camp will enable us raise 60 brand new entrepreneurs that we can take custody of, and watch them grow over the 18months entrepreneurship training. We would not only give start-up capital, which are not loans, but grants of N60,000 – N1m, to those who have shown convincing reasons to get to the boot camp.

“We already had the first screening in Abuja, this is the Lagos Southwest screening, after which, we will then proceed to the South-south, Southeast, and more. The idea is to take 60 people from each of the 6 geopolitical zone and put them through the structural plan,” he said.

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