Application Deadline: September 7th, 2016. 23:59 hours
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 major Shareholder of IB PLC, Ilesha as a poverty alleviation initiative, the programme has also been implemented in Botswana, Lesotho, Swaziland and Tanzania. 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.
The programme run by IB PLC Foundation, insist that the ultimate goal of the programme is to help build a young prosperous society by helping to create a culture of entrepreneurship among the youths, thereby reducing youth unemployment in the South West. The KickStart programme is one major initiative that would turn around the lives of youths in the area and improve the economic prosperity of the South West.
The second Season of the programme is here and promises to be much more exciting, empowering and rewarding.
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; Drivers Licence; 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.
The programme is aimed at creating a culture of entrepreneurship among young people by promoting business awareness and material support through:
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.
Youth unemployment in Africa is an important stakeholder concern and provides an opportunity for engagement to build reputation An entrepreneurship CSI strategy anchored on Kickstart has been approved by EXCOM for rollout given the proven Kickstart success in a number of SABMiller countries.
- 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.
- 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.
Application Closes at 23:59 hours on September 7th, 2016.
Register Now for the KICKSTART Entrepreneurship Initiative for Youths
For More Information:
[…] The KickStart program is a competition for budding entrepreneurs and innovators aged between 18 and 35 providing them with business-skills training, development support, mentorship and chance to come away with grant fund. […]