The Federal Government has enhanced and restructured the Youth Enterprise with Innovation in Nigeria (YouWin) programme into a multimedia-based programme and relaunched it as YouWinConnect!, with a sharper focus on supporting young entrepreneurs with fresh business management ideas for sustainability.
The transformation of the programme was in line with the promise made earlier in the year by the Minister of Finance, Mrs. Kemi Adeosun, who initiated consultations with beneficiaries and other stakeholders of the programme on July 22, 2016, for inputs that would improve the performance and sustainability of small and medium businesses start-ups by beneficiaries of the programme.
The Minister stated that the YouWinConnect! was designed “to support young entrepreneurs as they PLAN, START and GROW their businesses by delivering to them enterprise management education and skills as well as Franchise Development Online, through Radio and Television.”
The YouWinConnect! Programme, which replaces the YouWin programme which took-off in 2011, aims to promote entrepreneurship as well as viable career options for young Nigerians thereby creating jobs, wealth and contributing to the concerted efforts of pulling Nigeria out of the ebbing current economic recession.
Under YouWinConnect!, the Federal Ministry of Finance, which runs the scheme, would organize and focus training programmes for young entrepreneurs to boost their capacity in business management skills including book keeping, reinvesting profits, avoiding unnecessary debts and the ability to identify and key into new business opportunities.
It could be recalled that Mrs. Adeosun has assured beneficiaries and other stakeholders of the old YouWin programme during the consultations in July 2016, that it would be restructured and refocused for greater efficiency and impact by supporting young Nigerians to start and manage their own enterprises in sustainable manner, and contribute to economic growth and boost the country’s Gross Domestic Product (GDP).