Ambode approves N15m for Ready.Set.Work participants
Lagos State Governor, Akinwunmi Ambode, has approved the sum of N15.5m as seed funding and grants for final year students of the state’s tertiary institutions participating in the ongoing Ready.Set.Work (RSW) employability and entrepreneurial training programme.
Special Adviser to the governor on Education, Obafela Bank-Olemoh, who revealed this while announcing the graduation for the 13-week programme, said the approved funds would also serve as a working capital for the top three teams to emerge from the “RSW Business Pitch Competition,” which will hold on Saturday, September 3, 2016.
RSW is an entrepreneurship and employability training programme for final year students of tertiary institutions in the state, designed to prepare them for economic productivity as value-creating employees or employers of labour.
The programme, which commenced in June 2016, according to Bank-Olemoh, has drilled about 500 final year students from Lagos State University (LASU), Lagos State Polytechnic (LASPOTECH), and Lagos State College of Health Technology (LASCOHET), in a rigorous curriculum in the employability and entrepreneurship track.
He said, “Our focus from the onset has been to provide students in the state with the tools, knowledge, and expertise to become effective employees or job creators. We already secured 90 internship slots for students in the employability track of the programme and we realise that students in the entrepreneurship track could also benefit from experience in a structured, supervised work setting, where they can learn the rudiments of running a business effectively.
“At the end of the programme, over 90 top performing students in the employability track will be placed in six-month internship positions with organisations like PwC, SystemSpecs, FCMB, GTBank, Access Bank, TOTAL, Jobberman, Stutern, among others.”
He also added that with Ambode’s recent financial commitment to the RSW programme, up to 80 students in the entrepreneurship track will likewise have the opportunity to partake in three to six month entrepreneurship apprenticeships where they can learn the tricks of the trade, understand and develop processes for various business functions, and build a network of vendors, industry peers, and mentors.