Promoting youth entrepreneurship in Lagos, Nigeria Promoting Youth Entrepreneurship in Lagos, Nigeria

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  • Promoting Youth Entrepreneurship

    in Lagos, Nigeria

    Chibueze Jerry Nwigwe

    June, 2010

    School of Community Economic Development

    Southern New Hampshire University

    Submitted in Partial Fulfillment of Requirements for the

    Masters of Science in International Community Economic

    Development

    Approved by

    Professor Puneetha Palakurthi

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    TABLE OF CONTENTS

    List of Figures: ............................................................................................................................................ 5

    DEFINITIONS ................................................................................................................................................ 6

    ACKNOWLEDGEMENT .............................................................................................................................. 7

    Abstract ........................................................................................................................................................... 8

    1.0 PROBLEM STATEMENT ....................................................................................................................... 9

    2.0 REVIEW OF LITERATURE ................................................................................................................. 13

    2.1 Introduction ......................................................................................................................................... 13

    2.2 Holistic Needs of Youth:..................................................................................................................... 16

    2.3 Entrepreneurship and Youth ............................................................................................................... 19

    2.4 Importance of youth Entrepreneurship ............................................................................................... 20

    2.5 The Specific Needs of Youth in Entrepreneurship ............................................................................. 23

    2.6 Current Status of the Field of Youth Entrepreneurship Programming ................................................ 25

    2.7 Key Challenges and Barriers facing youth Entrepreneurship and theory of change ........................... 26

    2.7.1 Access to finance/start-up financing ............................................................................................ 27

    2.7.2 Entrepreneurship Education ......................................................................................................... 28

    2.7.3 Training and Business Development Services: ............................................................................ 30

    2.7.4 Social and cultural barriers attitude towards youth entrepreneurship: ......................................... 31

    2.7.5 Information and Marketing: ......................................................................................................... 32

    2.7.6 Power and Lack of business incubation centers: .......................................................................... 32

    2.7.7 Key administrative and Policies burdens on youth: ..................................................................... 33

    2.7.8 Financing Youth Enterprise Development Programmes:............................................................. 34

    3.0 COMMUNITY NEEDS ASSESSMENT REPORT ............................................................................... 36

    3.1 Introduction: ........................................................................................................................................ 36

    3.2 Purpose of CNA .................................................................................................................................. 36

    3.3 Major CNA questions ......................................................................................................................... 37

    3.4 CNA Methodology .............................................................................................................................. 37

    3.5 CNA Tools: ......................................................................................................................................... 38

    3.5.1 Socio- economic survey tool: ....................................................................................................... 38

    3.5.2 Business advisory counseling Survey tools- Questionnaire ......................................................... 38

    3.5.3 Focus Group Discussion .............................................................................................................. 38

    3.5.4 Profile of the target group: ........................................................................................................... 39

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    3.6 CNA Results: ............................................................................................................................... 40

    3.7 Stakeholder Analysis .......................................................................................................................... 53

    4.0 Project Description .................................................................................................................................. 56

    4.1 Host Organization ............................................................................................................................... 56

    4.2 Project Goal: ....................................................................................................................................... 56

    4.3 Project Objectives: .............................................................................................................................. 56

    4.4 Implementation Plan ........................................................................................................................... 61

    4.4.1. Introduction ................................................................................................................................. 61

    4.4.2 Implementation Report ................................................................................................................ 62

    4.4.3 Stakeholder Analysis: .................................................................................................................. 63

    4.4.4 Community Needs Assessment: ................................................................................................... 63

    4.4.5 Formation of Group: .................................................................................................................... 64

    4.4.6 Curriculum Design: ...................................................................................................................... 64

    4.4.7 Participant sign up for training ..................................................................................................... 65

    4.4.8 Group Strengthening and Dynamics: ........................................................................................... 65

    4.4.9 Cross Matching Activities with Project Objectives: .................................................................... 65

    4.5.0 Issues of Concern: ........................................................................................................................ 67

    4.5.1 Location of Youth: ....................................................................................................................... 67

    4.5.2 Age Factor and Youthful Exuberances: ....................................................................................... 67

    5.0 Monitoring and Evaluation .................................................................................................................... 68

    5.1 Introduction ......................................................................................................................................... 68

    5.2 Performance Measurement Framework: (PMF) ................................................................................. 68

    5.3 Monitoring .......................................................................................................................................... 70

    5.3.1 Performance Measurement Plan: ................................................................................................. 71

    5.3.2 Performance Report ..................................................................................................................... 71

    5.4 Evaluation ............................................................................................................................................... 74

    5.4.1 Conceptual Framework & Theory of Change: ................................................................................. 74

    5.4.2 Evaluation Objectives: ................................................................................................................. 76

    5.4.3 Hypothesis: .................................................................................................................................. 76

    5.4.4 Indicators for Measuring Impact: ................................................................................................. 77

    5.4.5 Methodology: ....................................................................................................................