Unlock Endless possibilities …Join the discourse on the era of Entrepreneurship Revolution
Entrepreneurship competitiveness beyond oil is crucial for the long-term economic growth and sustainability of our country.
Beyond Oil
It’s important to
1. Diversify the economy: Encourage the development and growth of non-oil sectors such as technology, manufacturing, tourism, agriculture, and renewable energy. This can be achieved by providing incentives, subsidies, and support for entrepreneurs in these sectors.
2. Foster innovation: Create an ecosystem that supports innovation and entrepreneurship. Establish research and development centers, incubators, and accelerators to enable startups to grow and scale in diverse industries. Promote collaboration between universities, research institutions, and businesses to encourage the commercialization of new technologies.
3. Invest in education and skills development: Encourage the development of a skilled workforce by investing in education and vocational training programs. This will enable entrepreneurs to access a pool of qualified talent for their ventures. Additionally, provide training and support programs for aspiring entrepreneurs to enhance their business skills and knowledge.
4. Improve the business environment: Streamline bureaucratic processes, reduce red tape, and simplify regulations to make it easier for entrepreneurs to start and grow businesses. Create a supportive legal and regulatory framework that protects intellectual property rights, enforces contracts, and promotes fair competition.
5. Encourage access to finance: Develop mechanisms to provide financing options for entrepreneurs in non-oil sectors. This can be done through the establishment of venture capital funds, angel investor networks, and government-backed loan programs. Encourage the participation of commercial banks and financial institutions in supporting startups and small businesses.
6. Promote international trade and investment: Facilitate trade agreements and build partnerships with other countries to expand market access for non-oil sectors. Attract foreign direct investment by offering incentives to investors interested in supporting entrepreneurship and diversification efforts.
7. Encourage entrepreneurship culture: Foster a culture of entrepreneurship by promoting success stories, organizing entrepreneurship events, and recognizing and rewarding innovative startups and entrepreneurs. Encourage collaboration, networking, and knowledge-sharing through industry associations and forums.
By implementing these strategies, countries can reduce dependency on oil and build a more resilient , sustainable, Antifragile and more competitive economy centered around entrepreneurship and innovation in a variety of sectors.
Sooooooooooooo
What’s your Big Idea
In the Idea-economy !
Let’s tackle
Mindshift !
Culture!
Access to Finance!
Exploring the Financial Landscape of Nigeria and its Impact on Entrepreneurship Competitiveness
Let’s Navigate!
Creativity will scale Your Initiative
Let’s reinvent the future
New markets! New ways! New Approaches
Let’s continue to Build systems and drive. a culture of competitiveness!
Let’s keep serving value for
Commodity Exchange
Let’s Farm what we have and explore news ways of farming what we don’t !
#NigerDeltaBeyondOil
#nypd
#beyondoil
Welldone @nigerdeltayouthprogramme
