There appears to be better days ahead for young entrepreneurs in Nigeria as the Microsoft  Cloudpreneur Project  will train  100 Nigerian start-ups after which  20 of them  will be provided  with mentorship to manage and sustain their Cloud-based businesses.

The capacity building project which is expected to  provide participating startups  with entrepreneurship, Cloud and ICT training is in collaboration with Fate Foundation and Mara Mentor.

The program when completed will enable 20 best performing participants  to receive mentorship to manage their own profitable businesses based on Cloud technology.

The  Project will be open to 1 000 applicants who have been in business for one to three years.From these applications, 100 successful participants will be chosen. These participants will receive a four-week long training on business management, including training on: sales, technology, entrepreneurship, marketing, communication and start-ups management. Following this, 30 of these 100 participants will be provided with startup models and, finally, the top 20 performers will be mentored on how tobuild their own Cloud-based business.

A cross section of Nigerian secondary school students during recent Microsoft hour of code

“Microsoft is committed to improving youth skills for both entrepreneurship and employability across Africa,” Kabelo Makwane, Managing Director of Microsoft Nigeria, said, adding that, “Our efforts in Nigeria started with the launch of the Employability Portal in 2013, which provides a platform for youth to learn leadership skills and network with other leaders. Now through the Cloudpreneur Project, we hope to enable and empower young business owners, so that they can contribute to the social and economic growth of Nigeria.”

According to him, “Cloud technology has the potential to transform competitiveness amongst startups and SMEs, which is why we’re encouraging adoption of the Cloud through this Project,”

Also speaking,  Habiba Balogun an Executive Director at Fate Foundation said “Fate Foundation is delighted to partner and support Microsoft in its Cloudpreneur initiative which aims to empower entrepreneurs in the Tech-related business.

We commend Microsoft for being part of enabling wealth creation in Nigeria.” She said.

“Mara Mentor is proud to bring our expertise in entrepreneurship support and mentorship to the Cloudpreneurs Project,”  Hetal Shah, Director of Operations at Mara, said, adding that,  “As an initiative focused on enabling, empowering and inspiring entrepreneurs, we believe this is an opportunity for young Nigerians in technology to get the training, support, and mentorship needed to build or grow cloud-based businesses.“

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