Entrepreneurial Development Initiative And Micro Enterprise Sustenance
Abstract
This study evaluates entrepreneurial development enterprise and micro enterprise food in Awka megalopolis. The ideal of this study is to determine the entrepreneurial enterprise that can sustain micro enterprises, to probe the extent entrepreneurial enterprise can reduce severance and to identify the challenges of entrepreneurial development enterprise on micro enterprise food, the check exploration system of disquisition was espoused in this exploration work. The study used primary and secondary source of data, data for this exploration work were collected using questionnaires and particular interviews on micro enterprises, data collected were anatomized using descriptive statistics similar as frequence distribution and simple probabilities. Findings and recommendations were made utmost of the micro entrepreneurs have 2- 5 workers working for them announcement are principally and substantially into service business. There times of business experience are 1- 3 times and utmost of them started their businesses through you- palm enterprise, entrepreneurial enterprise help to reduceun-employment. Government enterprise similar as NDEP, BOI YES and YOU- WIN programmes should be sustain to help in sustaining entrepreneurial development, harmonious entrepreneurial training and support should regularly be organize formicro-entrepreneurs in order to gormandize- track and help them grow from strength to strength.
Chapter One
Preface
. Background Of Study
In recent times entrepreneurs have been appertained to as necessarypre-requisite to rally capital exploit natural coffers and produce requests to carry on trade( Harbison & myers 2004). Entrepreneurs are agents who perform a vital part in the profitable growth of a country and are linked to the overall artificial development of a linked tothe overall artificial development of a nation, some of this characteristics are threat- takers, decision- maker, perseverance, organizers and diary, innovative function, and Gap filling capability.
still, consecutive government in Nigeria has introduced colorful entrepreneurial developments. These programmes include Family Economic Advancement programmes( FEAP) Structural Adjustment Programmes( SAP) Green Revolution Programme( GRP) National Economic commission and Development Strategy( requirements) at public position, State profitable commission and Development Strategy( SEEDS) at state position and Original profitable commission and Development Strategy( LEEDS) at original government position, Poverty Alleviation Programme( PAP), and most lately, the National Poverty Eradication Programme( NAPEP). These programmes failed to achieve their objects because of poor design; it was in consummation of the script that the Federal Government of Nigeria blazoned the addition of entrepreneurial education in advanced institutions of literacy as a way of promoting entrepreneurial spirit among Nigeria youths to take up tone employment. This has led to the launching of programmes similar as youths enterprise with invention plan aimed at job creation and micro enterprises by encouraging band supporting aspiring entrepreneur youth in Nigeria to develop and execute business ideas( Flippo E 2008), micro enterprises is a relative conception because t varies among countries and within a particular country per time. For case, a small or medium size enterprise in an advanced country like United State of America or Britain can be considered a large scale assiduity in Nigeria( Ogundele 2002). National Economic Reconstruction Fund( NERF) sees micro/ cabin enterprise as the lowest carder in the position of business range with a maximum capital of N( one million naira) and maximum labour of ten. Small and Medium Enterprise Development Association of Nigeria( SMEDAN) helps to promote Entrepreneurship culture through action that make business confidence, positive station, pride in success, support and stimulant of new ideas, social responsibility, furnishing inter firm relation and creation of exploration and development. Eventually, since entrepreneurship Nigeria is assumed to play a part of working the problem of employment generation, facilitators of profitable recovery, National Development and poverty reduction stakeholders must come to agreement on entrepreneurial development enterprise because it’s a precursor of profitable reconstruction and metamorphosis( ihua, 2009).
. Statement Of Problem
The adding prevalence of poverty in Anambra State was in malignancy of the colorful coffers and sweats wielded on poverty affiliated and micro enterprises programmes and schemes, in the country. This suggests that the programmes and schemes were ineffective and ineffectual, despite the huge resource invested in them. It’s either the government is playing politics to their enterprise y laying lip services to the programmes, thereby making its actuality only in proposition, or not supporting the plan with enough coffers. still, some government officers boost the limited coffers, perfecting themselves and entrepreneurship can not be developing in insulation with the right programs and openings that serves as machine room for its growth.
It’s a known fact that poverty constitutes an handicap to rapid-fire profitable development in the state. Poverty is also directly responsible for the crimes in the megacity as well as pastoral areas and manifest itself in harlotry, roughneck, exposure to threat, corruption, thievery and fund( popularly called 419), road life, medicines and so n. This is as a result of unfulfilled bournes affect from severance, lack of acceptable access to coffers to start- up micro businesses( Osemeke, 2012).
. Ideal Of The Study
The broad ideal of the study is to examine Entrepreneurship development enterprise andmicro-enterprises food in Awka Metropolis, Anambra State.
The specific objects of the study are
Determine the entrepreneurial enterprise that can sustainmicro-enterprises.
probe the extent entrepreneurial enterprise can reduce severance.
Identify the challenges of entrepreneurial development enterprise on micro enterprises food.
. Exploration Question
To know whether entrepreneurial enterprise can help to reduce severance.
To know to a veritably large extent how entrepreneurial enterprise can sustain micro enterprise.
. Thesis Of The Study
H0 Entrepreneurial enterprise don’t impact the development of micro enterprise in Awka Metropolis.
H1 Entrepreneurial and enterprise influences the development ofmicro-enterprise in Awka Metropolis.
. Compass Of The Study
The study will cover entrepreneurial development enterprise andmicro-enterprise food in Awka Metropolis for the time 2016.
. Significance Of The Study
This study will be of great benefit to micro entrepreneurs in their business, it’ll give them with introductory information about entrepreneurial enterprise and how they affect their business. It’ll give them full information on- entrepreneurial enterprise and howmicro-enterprises can be sustained. This exploration work will be to an extent give the youth a path- way to entrepreneurship development by giving them full information on how it can help reduce severance. It’ll give the government with full information on the requirements and problems of entrepreneurial development enterprise for micro-enterprises.
Eventually, it’ll serve as a source of reference to compendiums and experimenters who’ll be interested in writing a related content.
. Description Of Terms
Entrepreneurship entrepreneurship is an undertaking in which one is involved in the task of creating and managing an enterprise for a purpose( Ogudele 2004).
Entrepreneur they’re agents who performs a vital part in the profitable growth of a country and are linked to the overall artificial development of a nation( Harbison & myers 2004).
Micro-enterprise it’s a business range with a maximum labour of Ten( NERFUND).
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