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* Babarinde Oluyinka David - Promoter, Ola Babarinde Nigeria Limited
 

I started whole sales of building materials at Idi-Ose Area in Ibadan after attending the EDC training in 2015. EDC imparted me with knowledge on how to get a business location and focusing on the choice of business venture. It is the passion that makes you go into the type of business. I started the business with N900,000 that I sourced from my family. At EDC I learned how to handle business operations, accounting and sales records as well as how to market my business and create awareness in my catchment area. I sell whole sales of building materials, which makes me different from other people in the area, as they mostly sell in retails. EDC made me different from other people in the same trade. My advice to other emerging entrepreneurs is that it is better to attend EDC training before starting a business or after starting a business because EDC helps you to care about things you would have overlooked.

* Adewole Abosede - Promoter, Bova Fashion
 
I never believed I could use what I have. I was looking at getting one million or five hundred thousand Naira before starting but at EDC, I learned to start with what I have so that any other income that comes afterwards will be additional to improve what I already have. I started Bova Fashion with N100,000 in July 2015 after attending the EDC training. I opened the fashion design outfit and also diversified into selling tailoring materials to help me have multiple streams of income. The knowledge of marketing also helped me to explore and expand my market sphere, which eventually included home delivery of tailoring materials; as well as mentioning my business in every conversation and the social media. I have this as encouragement for emerging entrepreneurs that there is no small amount you can use to start your business. Anything your hand finds to do; always try to do it well.
* Akande Omoyemi - Promoter, Grace Edge Business Consult
 
I have been offering management business consulting services quite informally before coming to EDC after which Grace Edge Business Consult was launched in Ibadan, having seen the opportunities that abound in running the business formally. Grace Edge Business Consult was set-up with N400,000 personal funds; and the business helps entrepreneurs trying to start a business to know what they need to know and do about setting up their businesses. Training at EDC equipped us beyond what we could get at a business school and expanded the scope of our business. EDC informed me to do things right and meet the challenges in the market. There are a lot of things I did not know before EDC and I got to know them. EDC helped us to do in-depth feasibility study. We did not have a detailed business plan before EDC and we have been able to put one together. I am now proud to guide others. EDC is a must! In Ibadan, EDC is the only program to attend first before you start especially when you don’t know what to do and how to go about it.
* Folorunso Omowumi - Promoter, Snowball Driving School
 
The greatest impact that the EDC had on me was my mindset reengineering. I started the business, Snowball Driving School, in 2015 after attending the EDC program. The EDC has contributed to my business immensely. My horizon was opened and the way of my thinking deeply to see things in a practical sense rather than myths. It enabled me to show my potential to the full. Apart from what we learned in the conventional university, EDC made it practical to know that it works; how to start business and build it. It enables us know that if someone obtains a loan, the loan is meant for the business not any other things. Out practical classes helped us to focus on the businesses. More than 20 persons have benefited from my driving school since inception.
* Oyetosho Titilope Oyebisi - Promoter, Fakosi Home of Fashion
 
I started the fashion business before attending the EDC program. It was actually my elder sister that had been to the program that introduced me to the training. The EDC training made a significant impact on my business, as after the training, I expanded into training people in fashion design, which necessitated employing more hands for the business. After the EDC training, I had to employ an equally good stylist to train people in the morning batch of the training while I take the afternoon batches. I have employed 3 persons, two ladies and one man, so far after the training. I am currently using reaching students in higher institutions in Ibadan to partake in the training program.
* Dauda Saidat Omowumi - Promoter, Abisal Foods
 
I have been undergoing training at the Technology Incubation Center before coming to EDC where my approach to business start-up changed completely. I used N300,000 to start the business of making plantain flour and guinea corn products, which is very rich in fibre. I normally take these products to hospitals because they are rich in fibre. When I finished school in 2013 I travelled to Bayelsa where I saw plantain flour in a supermarket. There I took the contact on the product package and contacted the manufacturer. Although she told me that they don’t really teach people but I was given a chance because I was a fresh graduate. Hence, I used the money I garnered from my Youth Service and another job I took at a hotel for the training. EDC taught me aggressive marketing via social media and door-to-door sales and now I can knock on anyone’s door to sell. I was initially overwhelmed with the amount of money it would take to buy big machines but here at EDC I learned that I could start with whatever I have. That is how I started selling plantain flour. In January 2016 alone, I sold 100 packs (1kg each), which took a lot of aggressive marketing.
* Esther Abiola A. Sonaya, CEO of Biobio 'Toun Home of Fashion

We are into both native and corporate wears which include shoes, bags, etc

We have been in this business for quite a while before coming to EDC. I am someone who believes in hard work and no matter what you do, your hard work remains with you; this is what prompted me to attend the entrepreneurship training. I must confess that it is an eye opener.

I design, make hat, beads and tie head gear for whatever occasion. Another thing I enjoy in the EDC is that before I came for the training, I rarely took note of profit and loss, stock and how to approach customers as well as follow-up, networking business and most especially the business plans.

EDC has really helped my business. I have been able to recruit 3 staff to keep pace with the volume of business since I took corrective measures over the lapses stated above.

* Mrs. Olunike Nwokoro, CEO of DpiLuk Enterprises

I had been marketing my products with my car before now. Though I opened my boutique in March 2009, business was still at the low side until my husband brought the EDC adverts in Guardian Newspapers to me at home.

Before the training, I was not keeping records of what came in or what went out of my boutique. I was not paying myself and I was always dipping my hands into the business money. But since I joined EDC, I have been taught the importance of record keeping, stock taking and the need to pay myself even as the owner of the business.

Now I keep daily records, take daily stock and also pay myself. I have also employed a sales manager who I also pay. I also plan to open another branch soon because of the volume of business.

The training also taught me how to be unique. In this wise, I discovered my competitors buy their stocks mostly from UK, Dubai and US. In trying to be unique, I have located another market and even my competitors scramble to pick the product to their shops. I have also printed business cards for myself and sales manager and I am planning to design website where people can order online. These are uniquely my ideas garnered from EDC training.

* Elijah Ojo, CEO, Elijah Agro Ventures

I thank God for the EDC text message I received that brought me back to my feet because I was doing this yam trading with a friend without a proper or concrete documentation agreement.

The training acquired from the centre has really equipped me to face a number of challenges in my business. I came to EDC thinking that I can access loan to start up my own business but the experience gained from the centre has greatly influenced me to know how to write business plans, register my business, it has indeed equipped me for proper business negotiation and agreement documentation and my leadership skills have been sharpened.

Now we have started 60 heaps per 100 lines in Abeda village, Ugba, Benue State, that is 6000 yam tubers farmland cultivation and the planting will commerce by April 2010.

* Omosun Frank
I am a retired Customs officer. I attended the executive weekend programme of EDC after participating in a training on agriculture and livestock management. I needed more than that. With EDC training, I have broadened my frontiers. EDC has good materials. I love the business plan defense session. This is more than just a story; I have secured my business through EDC training.
* Fasina Olamide

I am a graduate of Olabisi Onabanjo University, I enrolled at the EDC in July 2009 because I was idle and wanted to prove myself. Being part of the entrepreneurship programme was the best decision I have ever taken in my life.

Now, I have an increased confidence in myself and i have started my own business of packaging dry soup ingredients of Nigerian origin for sale. With just N5,000.00 (Five thousand Naira), I have been able to start a business with prospects of fetching a turnover of N850,000 (Eight hundred and fifty thousand Naira) in 18 months. For this, I am grateful to CBN/ALF for their initiative to encourage ordinary people like me to become worthy entrepreneurs.

* Bolanle Babarinde, Director, Diligent Hands International

Diligent Hands Vocational Institute is a dynamic goal oriented centre established to war against joblessness, unemployment syndrome, create room for self discovery, development and opportunity to make each trainee an employer of labour.  We run workshops, training, seminars and exhibition for all classes of people. Before coming to EDC, I realised I needed a business development training to enhance and effect the much needed expansion.

My expectation was not lost at all as the EDC training really gave me more focus, a much needed ingredient for expansion. I also learnt financial management in plain terms and I now know how to run my business better.

Adegeye Ife
am a former coach with Ondo State Sport Council, an Ondo Prince and father to the popular Yoruba actor, Funso Adeolu. I registered with EDC with a view to expanding my business. The training I received at EDC has helped me to expand my business. I love the leadership and idea generation sessions. They have influenced my business positively.

 

 

 

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CBN-Entrepreneurship Development Centre, South West

Ibadan Address: Old SDSTC (Oyo Oodua Skill Acquisition Centre Premises), Samonda, along Sango-UI Road, Ibadan, Oyo State, Nigeria.

Tel: (+234) 809 7314 264,
0902 4370 966
Email: info@edcsouthwest.org

 

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Central Bank of Nigeria, CBN | Oyo Oyo State Government | ALF
All Rights Reserved • © 2015 • CBN - Entrepreneurship Development Centre South West Nigeria