Entrepreneurship Initiative for South West Youth Returns


The second season of IB PLC’s Entrepreneurship Initiative for youths has taken off. The first edition of the initiative for youths between the ages of 18 and 35 which took place in Ibadan, Oyo State, last year saw 25 lucky winners receive grants to kick start their business dreams and ideas.

This year’s initiative officially commenced on www.ibpkickstart.com penultimate week. The applicants stand a chance to win million naira grants and other benefits for their youth- owned businesses in Nigeria.

IB PLC Foundation, a subsidiary of SABMiller has promised to keep fulfilling dreams and support young and brilliant minds on how to get employed, generate employment and create wealth for themselves through its KickStart programme.

The foundation is aimed at instilling a culture of entrepreneurship among youth in the South West by encouraging them to develop their big ideas into sustainable businesses or expand their existing businesses through the provision of material and financial support which include business development skill training, business mentoring and coaching and provision of grants for business start-up or expansion.

First launched in South Africa in 1995 by SABMiller, the major Shareholder of IB PLC Ilesha, as a poverty alleviation initiative, the programme has also been implemented in Botswana, Lesotho, Swaziland and Tanzania. The programme is open only to Nigerians from 18 to 35 who live or have their business within the South West.