Entrepreneurship Development

1. Understand the history and evolution of entrepreneurship in Nigeria.
2. Develop a comprehensive business plan for a new or existing venture.
3. Identify and evaluate potential business opportunities.
4. Apply marketing principles to promote and sell products or services.
5. Comprehend the legal and regulatory framework for business operations.
6. Assess the role of government and support institutions in entrepreneurship development.

13 weeks, about 30 hours in total. Yours will differ.

1. Week 1Module 1: Overview of Entrepreneurship

   • Unit 1: Definitions, Roles and Functions/Values of Entrepreneurship · 2 hours

     Define entrepreneurship and its related terms.. Discuss the role of entrepreneurship as a business activity.. Explain the entrepreneur as an investor..

2. Week 2Module 1: Overview of Entrepreneurship

   • Unit 2: History of Entrepreneurship · 2 hours

     Trace the history of entrepreneurship globally and in Nigeria.. Explain the role of authors and practitioners in the evolution of entrepreneurship.. Discuss entrepreneurship and leadership in Nigeria..

3. Week 3Module 1: Overview of Entrepreneurship

   • Unit 3: Role of Entrepreneurship in the National Economy · 2 hours

     Define entrepreneurship in different ways.. Discuss the entrepreneurial process and its factors.. Explain the advantages and disadvantages of entrepreneurship.. State the roles of entrepreneurship in an economy..

4. Week 4Module 1: Overview of Entrepreneurship

   • Unit 4: Functions of an Entrepreneur · 2 hours

     Describe the entrepreneur's role as a risk bearer.. Discuss management decision-making functions.. Explain the production, strategic planning, and marketing management functions..

5. Week 5Module 1: Overview of Entrepreneurship

   • Unit 5: Entrepreneurship and Forms of Business Ownership · 2 hours

     Discuss various forms of business ownership.. Explain the features, objectives, capital, advantages, and disadvantages of each form of business ownership.. Differentiate between a cooperative society and a sole proprietor..

6. Week 6Module 2: Sources of Information and Credit Creation for Entrepreneurship Development

   • Unit 1: Sources of Information for Entrepreneurship Development · 2 hours

     Explain what information is.. Discuss the nature and types of information required by an entrepreneur.. Enumerate and discuss the various sources of information available to an entrepreneur..

7. Week 7Module 2: Sources of Information and Credit Creation for Entrepreneurship Development

   • Unit 2: Role of Money and Capital Markets in Entrepreneurial Development · 2 hours

     Define capital market and money market.. Trace the history of money and capital markets.. Explain the functions of Nigerian Capital and Money Markets..

8. Week 8Module 2: Sources of Information and Credit Creation for Entrepreneurship Development

   • Unit 4: Foreign Exchange and Stock Exchange Markets · 2 hours

     Describe the history of the foreign exchange system in Nigeria.. Highlight the importance of foreign exchange control regulations.. Define domiciliary accounts and list types of floating exchange rates..

9. Week 9Module 3: Business Plans and Importance of Capital to Entrepreneurship

   • Unit 1: Preliminary and Marketing Plans · 2 hours

     Define a business plan.. Differentiate between plans for existing businesses and start-ups.. Describe the content of an executive summary, mission statement, and business environment..

10. Week 10Module 3: Business Plans and Importance of Capital to Entrepreneurship

    • Unit 2: Management and Personnel, Start-up Costs and Financing as well as Projected Financial Statements · 2 hours

      Determine information for management and personnel components.. Describe start-up costs and financing.. Prepare projected financial statements..

11. Week 11Module 3: Business Plans and Importance of Capital to Entrepreneurship

    • Unit 3: Legal Section, Insurance, Suppliers and Risks, Assumptions & Conclusion · 2 hours

      State legal sections, insurance, suppliers, and risks.. Discuss assumptions and conclusion.. List and discuss the psychological pre-requisite of an entrepreneur..

12. Week 12Module 4: Entrepreneurship and Business/Product Development

    • Unit 1: Starting a New Business · 2 hours

      Discuss innovation as it relates to entrepreneurship.. Enumerate sources of ideas and barriers to entering a new industry.. Explain how a new business will be established and relate it to the business plan..

    • Unit 2: Buying an Existing Business · 2 hours

      Discuss the advantages and disadvantages of buying an existing business.. Explain the process of finding and determining the price of a business.. Highlight the negotiating process..

13. Week 13Module 5: Role of Support Institutions and National Associations to Entrepreneurship Development and Small and Medium Scale Industrialists

    • Unit 1: Role of Support Institutions to Product Selection Process (Evaluation of Entrepreneur and Idea) – I NEPC, NERF AND NDE · 2 hours

      Describe the role of NEPC, NERF, and NDE in product selection.. Discuss the role of RMRDC and IDC in product selection.. Explain the contributions of NASSI, MAN, and NACCIMA to entrepreneurship..

    • Unit 2: Role of Support Institutions to Product Selection Process (Evaluation of Entrepreneur and Idea) – II RMRDC AND IDC · 2 hours

      Explain the contributions of NASSI, MAN, and NACCIMA to entrepreneurship.. Discuss government policy on financing small and medium scale industries.. Understand the methodology of product selection..