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Firm, LBS to train 50 startups on entrepreneurial skills

By Ngozi Egenuka
11 January 2022   |   3:19 am
Growth Africa Capital has reiterated its commitment to train and mentor 50 startups on skills needed to grow multi-million dollar companies for economic development of Africa.


Growth Africa Capital has reiterated its commitment to train and mentor 50 startups on skills needed to grow multi-million dollar companies for economic development of Africa. 
 
The firm, which partnered with Lagos Business School, said this at a media parley in Lagos. Group Managing Director, Growth Africa Capital, Samuel Ajiboyede, noted that the initiative was to provide information to startups, which had been the most undermined factor for businesses to upscale.
 
“A lot of people want to start businesses but need some information that would help them grow. To be successful, you need the right mindset and information as the skills to upscale can be accessed through knowledge.
 
“Coming up with a strong curriculum, we have realised that people don’t know how to amplify opportunities and we will show them how to identify the right market and how to go about the business,” Ajiboyede said.
   
He said the initiative, which also aims at giving back to the society by equipping them with knowledge, which is available in LBS.  Director, MBA Programmes, Henrietta Onwuegbuzie, noted that Nigeria’s population could only be an asset when trained and the only way to ensure young people become useful in the society is to provide them with skills to become job creators and not job seekers.
 
She noted that the partnership with the firm provides an opportunity to impact more businesses and lives, as true success is hinged on solutions one can offer.
 
“We train people to understand that business is about solving problems and not to make money.
 
“I really appreciate what Growth Africa Capital is doing as it would give room for startups and young people to become better and not have the mentality of becoming job seekers but job creators who are solving problems,” she said.
 
Chief Executive Officer (CEO), Heckerbella Limited, Yemi Kerry, harped on leveraging technology to grow, develop and sustain businesses.

CEO, Construction Kaiser, Igbuan Okaisabor, harped on shared value strategy, adding that true leadership is about the number of people impacted.   
He added that a nation is in danger when a small per centage of its population is prosperous, noting that they need startups to be taught how to do business with integrity.