2016 IBPLC KICKSTART INNOVATION BUSINESS PLAN COMPETITION FOR NIGERIAN ENTREPRENEURS (SEASON 2)

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IBPLC KICKSTART INNOVATION BUSINESS PLAN COMPETITION
IBPLC KICKSTART INNOVATION BUSINESS PLAN COMPETITION

Are you an entrepreneur with innovative solution?

Are you from or resident in the south western part of Nigeria?

Are you planning to start your business in the South western part of Nigeria?

Then, careful read through this and participate in the Season Two of International Breweries PLC Foundation`s KICKSTART Entrepreneurship Initiative designed for youths between the ages of 18 – 35.

In Season: 1, 25 lucky winners received grants to kick start their business dreams and ideas. IB PLC Foundation, a subsidiary of SABMiller through this programme wants to keep its promise of fulfilling dreams and support young and brilliant minds on how to get employed, generate employment and create wealth for themselves.

The programme funds youth owned businesses through:

  • Developing business skills through training
  • Providing grants as start-up capital (new businesses )
  • Grants to support expansion of existing businesses
  • Providing post investment support (mentoring & coaching)
  • The programme funds youth owned businesses through business training, seed capital, post investment support (mentoring and coaching). Entrepreneurs with the strongest business case win grant funding.

Business requirements are paid directly to suppliers by SABMiller. The programme is intended to empower the youth to create their own jobs.
SABMiller/International Breweries PLC Kickstart, is a corporate social investment (CSI) initiative run by its subsidiary IB PLC Foundation. It is aimed at instilling a culture of entrepreneurship among youth in the South Western Nigeria 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
  • Provision of grant for business start-up and or expansion


First launched in South Africa in 1995 by SABMiller, The International Breweries Foundation Kickstart programme is open only to Nigerians from 18 to 35 who live or have their business within the South Western region.

ELIGIBILITY

  • The competition is open ONLY to South Westerners of 18 to 35 years who live or have their business within the South Western region.
  • Applicants must be at least 18 and at most 35 years with valid identification (e.g. National I.D; Driver’s License; International Passport; Voters Registration, etc.) as at the last day of the application period.
  • He or she must be willing to operate the business on a full-time basis.
  • Have an innovative business idea in need of a start-up capital.
  • Or already have an existing small businesses needing capital to expand operations.
  • Energetic and entrepreneurial in approach.
  • Must be able to read and write.

PROGRAMME PHASES.

APPLICATION:

Interested individuals should download the Application Form

Applicants also need to fill the Online Form

Deadline for Submission of application: September 7th, 2016 by 11:59PM

Drop off of completed applications can be made at these various designated centres and partners’ offices across the region. All forms must be filled (Online and offline), signed and submitted at the following centers:

Alternative applicants can pick up hard copies at three places namely;

  • International Breweries PLC, Lawerence Omole Way, Omi Asaro, Ilesha, Osun State.
  • International Breweries PLC, Head Office, 23/26 Glover Road, Ikoyi, Lagos State.
  • International Breweries Depot, Beside PZ Cussons, Off NIPCO Petrol Station, Along Challenge, Iwo Expressway, Sanyo Area, Ibadan – Oyo State.

Form submission can be made at these various designated centres and partners’ offices across the region. All forms must be filled, signed and submitted at the following centres:

  • International Breweries PLC, Lawerence Omole Way, Omi Asaro, Ilesha, Osun State.
  • International Breweries PLC, Head Office, 23/26 Glover Road, Ikoyi, Lagos State.
  • International Breweries Depot, Beside PZ Cussons, Off NIPCO Petrol Station, Along Challenge, Iwo Expressway, Sanyo Area, Ibadan – Oyo State.
  • International Breweries PLC, Lawerence Omole Way, Omi Asaro, Ilesha, Osun State.
  • International Breweries PLC, Head Office, 23/26 Glover Road, Ikoyi, Lagos State.
  • International Breweries Depot, Beside PZ Cussons, Off NIPCO Petrol Station, Along Challenge, Iwo Expressway, Sanyo Area, Ibadan – Oyo State.
  • J. Ogungbola: Odo Aro Area, Along Ogbomosho Road, Oyo state.
  • Enikem Nigeria Limited: Plot 2, Olabisi Onobanjo way, FMC, Idi Aba, Abeokuta – Ogun State.
  • Oriky Stores: No 15, St Michael Secondary School Road, Ijoka, Akure – Ondo State.
  • J.K. Adeyemo: Irona Street, Ado Ekiti – Ekiti State.

Basic requirements are contained in the application section.

SHORT LISTING:

A number of top entries will be selected based on the merit and quality of their business case by a team of seasoned judges. Each form will be scored against the “Screening Sheet”. The sheet will be used to grade and rank all submitted application form, the score gotten from the submission will be debated upon by the judges to ensure alignment and common ratings. For clarity of purpose and fairness to all applicants, the Screening sheet is an internal document. Scores are not shared externally.

TRAINING PROGRAMME:

Successful applicants will then undergo an intensive business training sessions for one (1) week.

The modules for the training will include:

  • Human Resources
  • Business Plan Writing
  • Book Keeping
  • Income Statements

At the end of the training, applicants will be given one month to write the final competing business plan which will be submitted in person at the Head Office in Ilesha, Osun State.

FINAL SELECTION:

  • Each judge is given a copy of each submission document for review.
  • Judges convene to interview applicants on their business plans.
  • Business plan and interviews for each applicant are rated and scores aggregated to determine winners (Kickstart Finalists).
  • The outcome of the judges’ decision remains confidential until the Awards Ceremony and Grant Presentation.
  • The decision of the judges is final and cannot be contested.

KICKSTART AWARDS:

This will be the grand event and winners will be announced and presented with their prizes. It will be a high profile event with government functionaries and business persons in attendance.

MENTORING & MONITORING:

The awardees will have access to carefully selected expert assistance through mentorship and coaching for the period of a year. The Kickstart Finalists are under the obligation to observe and implement the advice as tendered by the mentors. There will be monthly update on the progress made and business performance which will be shared with the Foundation and IB PLC Management.

To learn more about the Kickstart Programme, visit the Main Programme Website

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