The Nigerian Upper house chamber considers a bill to establish Institute of Entrepreneurs

The Nigerian Upper house chamber [Senate] considered a Bill for An Act to Establish a Chartered Institute of Entrepreneurs.

This Bill seeks to support and strengthen entrepreneurship in Nigeria by:

1. Assisting SMEs in financial marketing, production, organization, engineering and technical matters;

2. Providing technical and professional skills empowerment for both emerging and existing entrepreneurs;

3. Increasing the number of informed and innovative entrepreneurs that conduct business in Nigeria;

4. Creating a databank that will link entrepreneurs to relevant resources;

5. Creating a databank that will allow entrepreneurs to connect with other businesses;

6. Providing start-up information for small and medium scale enterprises;

7. Facilitating the cooperation between entrepreneurs and banks, insurance firms, import and export agencies, and the government;

8. Helping to facilitate the process for SMEs to conduct business in international markets;

9. Providing opportunities for students to be active participants in wealth creation through work-to-school programmes; and

10. Providing empowerment and support on an ongoing basis to teacher and instructors that teach entrepreneurship education in both Senior Secondary Schools and Tertiary Institutions.

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