The Future Project, in collaboration with Microsoft Nigeria, has announced applications for Accelerate the Economy through Youth in Enterprise (Accelerate LABS).

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Accelerate is an activation of small and medium scale business engines to increase economic development through enterprise development and technology.

“Microsoft, through our Youth Spark initiative seeks to empower the youth population of Nigeria to imagine and realize their full potential by connecting them with greater opportunities for education, employment and entrepreneurship, helping them create a real impact for a better tomorrow,” a statement from the organizers read.

The statement further stated that: “We are delighted about this partnership with Microsoft Nigeria; it will serve as part of our mission to build a network of empowered citizens through jobs, entrepreneurship, and active citizenship which is in line with the Microsoft Youth Spark mission to increase access for all youth to learn.

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“By the end of one year we would have empowered young people to develop empathy, find clarity of purpose and the needed resources to build socially responsible enterprises in their communities. We will have youth across Nigeria leading the frontiers of change in various disciplines.”

The initiative is aimed at empowering 2,160 youth across the six geo-political zones in the country to build socially inclined, high profit, and highly competitive enterprise capable of impacting the Gross Domestic Product (GDP) of the country.

Accelerate would run for 3 moths in 3 different streams, which also includes a 3 weeks training session, 4 weeks mentoring session, 3 weeks research and practice and a demo day for pitching of business ideas to prospective investors.

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