Lagos Business School (LBS) in collaboration with the Bank of Industry (BOI) established the 
BUSINESS INNOVATION ACCELERATOR (BIA)

The EIC has been renamed to  Business Innovation Accelerator (BIA) with the aim of providing high-quality entrepreneurship training and empowerment to young Nigerians across the six geopolitical zones of the country. Unemployment has reached unacceptable levels for the Nigerian economy to remain safe. Over the years youth unemployment has been rising and this has led to rising insecurity, social vices, slow economic growth, inflation and other attendant hardships.

The BOI-LBS Business Innovation Accelerator is therefore intended to boost job creation, significantly improve SME business success and reduce loan default rates due to business failure. The Centre will also provide an ecosystem to support and enhance the technical, managerial, financial, and leadership skills of entrepreneurs across Nigeria. 

The BOI-LBS Business Innovation Accelerator has been set up to develop impact-driven entrepreneurs who use for-profit business models to solve problems and transform society positively. The programme aims to produce a new breed of innovative and problem-solving entrepreneurs who will transform society and revamp the national economy through job-creation and the commercialization of their solutions globally.

Entrepreneurship Development Programme Activities

EDP Application 2023

ONGOING/UPCOMING PROGRAMMES

Training of Trainers Programme
We hosted 65 Directors of Enterprise Development Centers from the six geo-political zones of Nigeria at the Business Innovation Accelerator for a Training-of-trainers in Entrepreneurship Programme. We are changing the narrative by insisting that students should be prepared to be Job-creators, not just Job-seekers.
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Entrepreneurship Development Programme (EDP) Cohort I
The Entrepreneurship Development Programme trained 68 Entrepreneurs, a new breed of problem-solving entrepreneurs and comprehensively provided everything they as entrepreneur needs to succeed in the African market and globally.
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Women Entrepreneurship Week
In celebration of women entrepreneurship week 2022 at Lagos Business School, we featured eight women entrepreneurs from our Entrepreneurship Development Programme (#EDP 2022).
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Entrepreneurship Development Programme North LCDA (Cohort II)
We opened applications for our next cohort in the North Central Region of Nigeria. The goal is to raise impact-driven entrepreneurs whose businesses are solving problems and transforming society positively.
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THE EXECUTION OF THE MOU AND THE INAUGURATION OF THE GOVERNING COUNCIL
According to the Managing Director of the Bank of Industry, Mr Olukayode Pitan, "The entrepreneurial ecosystem we seek to create through this centre will become one of the key drivers of economic growth as this project will go on across the six geo-political zones of Nigeria. The Dean of the Lagos Business School Prof. Chris Ogbechie represented By Mr. Charles Ivenso said the Entrepreneurship Innovation Centre at Lagos Business School will commit to providing high quality training that empowers entrepreneurs with the right skills and knowledge to drive Nigeria's socio-economic development. Further, Dr Ezekiel Oseni, the chief Risk officer of the Bank of Industry, added that building successful and sustainable businesses for the nation's growth and development has been BOI's mandate since it's inception.
THE EXECUTION OF THE MOU AND THE INAUGURATION OF THE GOVERNING COUNCIL
According to the Managing Director of the Bank of Industry, Mr Olukayode Pitan, "The entrepreneurial ecosystem we seek to create through this centre will become one of the key drivers of economic growth as this project will go on across the six geo-political zones of Nigeria. The Dean of the Lagos Business School Prof. Chris Ogbechie represented By Mr. Charles Ivenso said the Entrepreneurship Innovation Centre at Lagos Business School will commit to providing high quality training that empowers entrepreneurs with the right skills and knowledge to drive Nigeria's socio-economic development. Further, Dr Ezekiel Oseni, the chief Risk officer of the Bank of Industry, added that building successful and sustainable businesses for the nation's growth and development has been BOI's mandate since it's inception.
THE EXECUTION OF THE MOU AND THE INAUGURATION OF THE GOVERNING COUNCIL
According to the Managing Director of the Bank of Industry, Mr Olukayode Pitan, "The entrepreneurial ecosystem we seek to create through this centre will become one of the key drivers of economic growth as this project will go on across the six geo-political zones of Nigeria. The Dean of the Lagos Business School Prof. Chris Ogbechie represented By Mr. Charles Ivenso said the Entrepreneurship Innovation Centre at Lagos Business School will commit to providing high quality training that empowers entrepreneurs with the right skills and knowledge to drive Nigeria's socio-economic development. Further, Dr Ezekiel Oseni, the chief Risk officer of the Bank of Industry, added that building successful and sustainable businesses for the nation's growth and development has been BOI's mandate since it's inception.
INAUGURAL MEETING OF THE GOVERNING COUNCIL
Members of the governing council include; Ms Evelyn Oputu (Board Chair), Dr. Ezekiel Oseni, Mr. Obaro Osah, Mrs. Ireti Daramola, Alhaji Abdul-Ganiyu Mohammed, Mr. Charles Ivenso, Dr. Henrietta Onwuegbuzie.
INAUGURAL MEETING OF THE GOVERNING COUNCIL
Members of the governing council include; Ms Evelyn Oputu (Board Chair), Dr. Ezekiel Oseni, Mr. Obaro Osah, Mrs. Ireti Daramola, Alhaji Abdul-Ganiyu Mohammed, Mr. Charles Ivenso, Dr. Henrietta Onwuegbuzie.
INAUGURAL MEETING OF THE GOVERNING COUNCIL
Members of the governing council include; Ms Evelyn Oputu (Board Chair), Dr. Ezekiel Oseni, Mr. Obaro Osah, Mrs. Ireti Daramola, Alhaji Abdul-Ganiyu Mohammed, Mr. Charles Ivenso, Dr. Henrietta Onwuegbuzie.
INAUGURAL MEETING OF THE GOVERNING COUNCIL
Members of the governing council include; Ms Evelyn Oputu (Board Chair), Dr. Ezekiel Oseni, Mr. Obaro Osah, Mrs. Ireti Daramola, Alhaji Abdul-Ganiyu Mohammed, Mr. Charles Ivenso, Dr. Henrietta Onwuegbuzie.

Entrepreneurship Development Programme Testimonials

More Testimonials From Our Apprenticeship Phase