Technical and Entrepreneurship Centre, University of Ilorin held her entrepreneurship day yesterday 24th of April 2019, at the university auditorium.
The program themed WRITING A BANKABLE BUSINESS PROPOSAL had a showcase of student trainees project exhibitions, networking, award presentations, and business proposal writing.
Declaring the program open, the vice-chancellor and chairman of the occasion, Mr. Sulyman Age AbdulKareem, ably represented, stated that the centre was created in a bid to fulfill the mandate of the Nigeria University Commission (NUC) in teaching the students entrepreneurial skills.
The director of the centre, Mr. Jamiu Kolawole Odusote also relayed in his speech that the program was chosen to give students the wherewithal in achieving their entrepreneurial dreams.
Students were exposed to the features of writing a bankable and viable business proposal and the important aspects of any business by the state manager, Bank of Industry (BOI), Mr Adekangbe Olusegun. In his words, he said, “If you understand what the person who will receive your proposal wants, it will help you more to know what to include and part of those things are; your proposal should be attractive, convincing to the reader, make them show interest and/or to encourage you to move further.”
He further emphasized on the survival of a business only when there’s need for it, he said, “A business only comes to life when there’s need for it. When a business comes without a need for it, such business will soon go out of life and a business will only thrive when the demand is much more than the supply.”
About 38 students submitted business proposals to the centre few months before the event and 6 students from the faculties of Veterinary medicine, Pharmacy, Agriculture, Engineering, Law, and Education, made it to the finals. The finalists pitched their business proposal and Lawal AbdulHamid Olalekan from the faculty of Education emerged the one with the best business proposal. Certificates were awarded and they were all linked to the chairman, Bank of Industry (BOI), Kwara State.
Other personnel present at the program include the DVC Academics, Professor (Mrs) Slyvia O. Malomo; the state coordinator, Raw Material and Research Development Council, Mrs Adewunmi; the University Librarian, ably represented; the director General Studies (GNS), Professor Abdulsalam; and the director of credits, Dr Afolabi Tunde.