By Chris Alu
The Tony Elumelu Foundation has provided a scholarship grant to students for enterprenuehip training at the African Institution of Technology AFRIT, this will enable them formulate policies that can improve Nigeria’s competitiveness in business.
The Chief Executive Officer of the Foundation, Dr. Wiebe Boer, who gave the scholarship to the student, explained that the foundation intends to uncover innovative clusters groups of companies in industries and new technologies across Nigeria,for both public and private sector in other to nurture home grown businesses and innovation effectively.
Boer said the foundation focuses on entrepreneurship in other to help the student know what business trends, innovations and activities that are currently underway or showing potential in the country and with the data, the foundation will be better equipped to shape the nature of interventions and programmes.According to him, the foundation is willing to provide Nigerian government and the business community the data and tools for understanding what drives innovation clusters and development and how policies can help to strengthen the ability to formalize and scale up.
In his response, Dr. Ndubuisi Ekekwe, the founder of African Institution of Technology, stated that the scholarship will enable students have fame knowledge of the business environment in Nigeria and how to succeed, we would be able to know why a cluster of leather accessories artisans exist in Aba or what could enable a network of Solar Power entrepreneurs in Sokoto, so as to know why these clusters exist, he stated.
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