The closing date for entries for the Federal Government organised young entrepreneurs' business competition, Youth Enterprise with Innovation in Nigeria, YouWiN! has been extended to Nov 18, 2011. This is sequel to an earlier extension of the age limit from 35 to 40.
The Project Coordinator, Dr. Olasupo Olusi attributes this new extension to clamour from various parts of Nigeria where government agencies, NGOs and numerous entrepreneurs and entrepreneurial organisations have been making representations to ensure young people from their domains are not left out. This would be the case, they claim, if there is no extension in the entry date.
"YouWiN! is a work in progress", says Dr. Olusi in a statement made available to newsmen. "And considering that this is the first of a three-part project (billed to run once every three years), we are simply overwhelmed by the level of interest shown from all over the country for this inaugural edition. However, we are even more cognizant now of the fact that internet penetration as well as affordability is an issue with lots of young entrepreneurs. It is for this reason especially that we have had to acquiesce to the call for extending the deadline in order to accommodate those who may need more time to send in their entries".
The statement also praised the ingenuity of the young Nigerian business person who in spite of obvious challenges in the environment is forging ahead to ensure the production and delivery of products and services to Nigerians wherever they live. "The role of the young entrepreneur in nation building cannot be over emphasized. They are the shoulder on which Nigeria's future development rests. And it is for this purpose that the Federal Government has singled them out as a key group for support".
It may be recalled that on October 11 this year, while launching the Youth Enterprise with Innovation in Nigeria YouWiN! project in Abuja, President Goodluck Jonathan had said that through the project, the Federal Government would financially Nigerian youths to enable them actualise their entrepreneurial ideas and plans. The president had said that the trickle-down effect of this assistance would see "these entrepreneurs create between 80,000 and 110,000 sustainable jobs over the next four years