The Federal Government has kicked start a Startup programme that was aimed at building entrepreneurial spirit in youths, reduce unemployment and prepare them toward self-sustaining activities.
It said that the programme would involve the training of youths in innovation and technology among others.
The Special Assistant to the Vice-President on Innovations and Entrepreneurship, Ife Adebayo, stated that the government’s aim on the programme was to ensure youth financially independent and assist the nation economic wise.
Speaking on the program on Sunday in Abuja, Adebabyo explained that the government entrepreneur startup initiative would start from the North-Central and South-East region of the country.
According to him, the program is one of the cardinal objectives why the Federal Government engaged the private sector participants to support companies that would boost the economy in their regions.
He indicated that one of the best ways the country could accelerate the nation exit from recession was to support companies to do much more than they were currently doing.
‘’Start-up Nigeria, is a programme that focuses on innovation, agriculture and technology. Everybody involved in innovation, technology and agriculture, within the two regions, will be supported to achieve his or her objectives.
‘’Globally, it is known that people who work in start-up organisations end up being employers of labour, and build their businesses from the ideas they got from such ventures.
‘’The start-up programme fully supports President Muhammadu Buhari’s goal and zeal, which stress the need to have more employers than job seekers in the country.
‘’Beyond the direct impact in the collaborative effort will have on the participating private companies, there are a lot secondary and tertiary impact on the nation.
“This is because as government reaches out to a lot of startups, they will in turn train more people on entrepreneurial skills and employ others,’’ he said.
Adebayo disclosed that the startup would be funded from the N500 billion Federal Government fund earmarked for the implementation of social investment programmes.
According to him, government will also engage and pay experts that will teach participants and offer advice and guidance on agriculture, technology, financing projects among others.
Adebayo, who revealed that over 400 youths from South-East and North-Central had far applied for the programme,affirmed that Start-up’s have the potential of changing lives.
The Vice-President’s aide advised youths to visit the Start-up website to register for the programme and enjoy the derivable benefits free of charge.