The BOI-LBS Business Innovation Accelerator Program 2023 for young Nigerians. | Opportunities For Africans

Application Deadline: July 22nd, 2023

The EIC has been renamed to  Business Innovation Accelerator (BIA) with the aim of providing high-quality entrepreneurship training and empowerment to young Nigerians across the six geopolitical zones of the country. Unemployment has reached unacceptable levels for the Nigerian economy to remain safe. Over the years youth unemployment has been rising and this has led to rising insecurity, social vices, slow economic growth, inflation and other attendant hardships.

The BOI-LBS Business Innovation Accelerator is therefore intended to boost job creation, significantly improve SME business success and reduce loan default rates due to business failure. The Centre will also provide an ecosystem to support and enhance the technical, managerial, financial, and leadership skills of entrepreneurs across Nigeria. 

The BOI-LBS Business Innovation Accelerator has been set up to develop impact-driven entrepreneurs who use for-profit business models to solve problems and transform society positively. The programme aims to produce a new breed of innovative and problem-solving entrepreneurs who will transform society and revamp the national economy through job-creation and the commercialization of their solutions globally.

Target Audience

Eligibility and Selection Criteria for participants

The following key criteria will be used in evaluating potential participants:

Programme structure:

Classes on Entrepreneurship orientation and Business Management, will hold 3 days a week for 3 months as follows:
Tue, Wed, and Thu, every week
• Session 1:        10.00am – 11.15 am
• Break:              11.15am – 11.45 am
• Session 2:       11.45am – 1.00 pm
• Lunch break:  1.00pm – 2.00 pm
• Session 3:       2.00pm – 3.15 pm

Certification requirements:

To be considered eligible to receive a certificate, you will be required to:
• Attend at least 80% of the sessions in each course and score at least 60% in each of course.
• Considered to be of good character as defined in the training policy to be signed upon acceptance.

Application procedure:

• Fill the form online (upload certificates and two letters of recommendation)
• Interview process
• Admission letters will be sent to successful candidates

For More Information: