An Entrepreneurship Development Programme (EDP) is a structured training program designed to equip potential and existing entrepreneurs with the skills, knowledge, and mindset necessary to start and grow a successful business. These programs aim to foster an entrepreneurial culture, promote innovation, and stimulate economic growth.
PROGRAMME OBJECTIVES:
Skill Development:
EDPs provide training in various areas, including business planning, financial management, marketing, and operations.
Knowledge Transfer:
Participants learn about different business models, industry trends, and best practices.
Mindset Transformation:
These programs help individuals develop an entrepreneurial mindset, characterized by innovation, risk-taking, and a growth-oriented perspective.
Networking:
EDPs often facilitate networking opportunities, allowing participants to connect with other entrepreneurs, mentors, and potential investors.
Mentorship:
Many programs include mentorship components, providing participants with guidance and support from experienced entrepreneurs.
BENEFITS OF PARTICIPATING IN AN EDP:
Increased Success Rates:
Studies suggest that participants in EDPs are more likely to successfully launch and grow their businesses.
Enhanced Business Knowledge:
EDPs provide participants with a comprehensive understanding of the business landscape, enabling them to make informed decisions.
Improved Skill Set:
Participants develop valuable skills that are essential for running a successful business, including financial management, marketing, and operations.
Stronger Networks:
EDPs provide opportunities to connect with other entrepreneurs, mentors, and potential investors, fostering a supportive environment.
Greater Confidence:
The training and support provided by EDPs can increase the confidence of participants in their ability to succeed as entrepreneurs.
PROGRAM STRUCTURE:
Phase 1: Starting your startup hypothesis:
Idea Validation Workshop
Introduction
Stating your startup problem/hypothesis
Understating Scenarios
Idea feasibility analysis
Idea Validation
Closing pitches
Phase 2: Testing your startup hypothesis:
Value proposition Design
Persona Development
Customer Empathy Map
Introduction
Creating a product/offering that sells
Understating Customers
Creating better values
Creative disruption
Case Study
Phase 3: Evaluating your startup environment:
Blue ocean strategy
Introduction
Scanning the environment
Competition analysis
Four action frame work
Buyer utility map
Strategy Canvas
Business Model Canvas Part 2
Introduction
Industry Forces
SWOT analysis
Business model environment
Testing the nine blocks
Drafting
Phase 4: Legals and government support:
Company Registration
Introduction
Types of legal entities
Making the choice
Paper Work and Costs
Government Policies
Introduction
Startup Nigeria Program
MSME’s
LOCATION:
Online/Physical Classes
PROGRAMME DURATION:
10 Weeks Intensive
TUITION FEE: N500.000
