Student Enterprise of Nigeria (SEN)
Partnership to Secured Future
SEN brings together students, businesses, academics/researchers and policy makers to explore new and innovative ways to create values. With this purpose in mind, SEN is multi-dimensional.
With the incorporation of Entrepreneurship Curriculum into all tertiary institutions in the country, the present administration becomes the first government in Nigeria to make entrepreneur-centred statements backed by educational policies. Consequently, the Students in Nigeria through its apex body, National Association of Nigerian Students (NANS), realized the need to take benefits of this historical and monumental economic empowering step, by appointing a Consulting firm, Capital 3 Limited (C3), to develop and prepare them for the future. The Student Enterprise Club (SEN) was created and a working agreement between Capital 3 Limited and the NANS (C3/NANS) was signed on the 10th of December, 2012.
SEN is designed to allow students organise activities relating to their interests and values, SEN complements the students’ learning on new business, new products, developments and innovations; with practical insights into the methods, processes and values of how small businesses contribute to national economic development and individual standards of living, thus strengthening national unity and security of lives and properties through the creation of jobs.
Of course we know that not all students will go on to run their own businesses, but all of them will develop crucial business and employability skills fundamental to their future successes and continuous professional developments. Our SEN Career Centre (SEN-CC) offers series of career- related workshops for students and most especially those students aspiring for international careers. SEN-CC offer free services on:
- Skills and Career Choice
- Online Jobs
- Job applications
- Counseling and Mentoring
- Continuous Professional Development and Vocational Education.
SEN will encourage students to set the following objectives for their professional and extracurricular ventures:
- Help develop and fund platforms for networking activities with fellow students interested in generating their own entrepreneurial futures.
- Explore developmental opportunities for starting their own new enterprises through advice, guidance, mentoring, counseling, funding and continual business support and monitoring.
- Provide a hub for the free exchange of ideas, materials and learning resources linked to individual researches, practice and studies.
- Attract key figures in industries and public circles with whom to foster stake holding relationships, mentoring support, informal work-related placements, and opportunities for experiential learning.
- Help contribute to the creation of an entrepreneurial learning community within the University/College in the wider region, the country as a whole, and in conjunction with international students’ partnerships and global community.
- Students will also be encouraged and engaged to travel in order to develop knowledge of multi and cross cultural business opportunities and practices.
- Overseas travel will be organised to promote exchanges, partnerships and participation in international forum for the next generation of entrepreneurs.
- Various events initiated by the SEN will bring together students, practitioners and policy-makers to cover issues such as problems encountered by new and aspiring entrepreneurs and comparisons with developed countries, funding enterprise and the role of the state in promoting entrepreneurship.
SEN members shall among others:
- Come together regularly to hear from key speakers, share ideas, reinforce and develop relationships, encourage and recognise successes, identify opportunities and challenges with entrepreneurial funding as its uttermost priority.
- Host annual enterprise awards to showcase the entrepreneurial ideas and talents among students and match them with financiers and partners. This event will include business plan competitions, think tank forum, and investments forum with ‘live’ investors to consider projects and ideas for likely investments.
Develop links with industries to support enterprises especially in the areas of vocations, skills and talents. This rich resource can only be exploited through real time interaction in real time business challenges and atmosphere to reflect wealth creation opportunities in a developing economy.
SEN ‘Enterprise and Resource Center’
The need to set up a resource center to cater for the needs of Nigerians who are interested in idea developments, financing, project monitoring and access to research works on various disciplines is overdue and necessary. Currently, Capital 3 Limited in partnerships with reputable Consultants from Harvard Business School, London School of Economy, Essex University and Oxford SAID Business School are developing templates for entrepreneurship that will be available in all our Enterprise and Resource Centers across the geo-political zones of the country, – one-stop shops where information, supports and cooperation can be obtained by students and potential entrepreneurs, and even corporate and government entities. A reasonable amount of SWIS fund goes to the formation of this Center. SEN members will have free access to these facilities at all times. The success of the first center will lead to establishment of more resource centers in six geo political zones of Nigeria.
Training Needs Analysis (TNA)
Our resolve to identify the hidden talents amongst our students has led us into acquiring psychometric tests licence for the country. Psychometric tests, (otherwise known as Training Needs Analysis, TNA) attempt to objectively measure aspects of a candidate’s mental ability and or his or her personality. The tests are two parts:
- Aptitude & Ability Tests. The tests under this category are used to measure abilities such as verbal, numerical and abstract reasoning. These tests cover:
- Verbal Reasoning
- Numeric Reasoning
- Abstract Reasoning
- Spatial Reasoning
- Mechanical Reasoning
- Data Checking
- Personality and Interest Tests. These are used to determine how candidates are likely to behave under various conditions. The tests cover amongst others:
- Skills and Experience
- Enthusiasm and Motivation
- Personality and Attitude
This tool shall be deployed to all tertiary institutions in the country very soon. In the current recruitment process in some banks and other corporate organisations in Nigeria these psychometric tests is being used for selection of best personnel. In UK for instance, it costs a student a minimum of £27 (Twenty Seven British Pound Sterling) to carry out the test once, but under SWIS, this is going to be free to all members of SEN and under the sponsorship of the insurance companies. Students are free to log on and carry out the test as many times as possible.
SEN Membership Requirements
- Must be a current student in any Nigerian University, Polytechnic or College of Education
- Must be 16 years old or above.
- Must carry a valid student Identification card.
- Access to enterprise interest free funds and financing on projects and business start-up loans.
- Access to SEN Research Fund
- Free access to SEN Enterprise Resource Center
- Free access to psychometric tests as many times as possible
- Free mentoring, advise and counselling sessions
- Opportunities to meet with established entrepreneurs on the SEC mentor database and discuss personal and business issues
- Opportunities to benefit from big businesses and government subsidies and grants and Overdrafts
- Direct qualification to be a co-owner of all SEN investments
- Numerous other benefits from local and international networks and partnerships
For more information on SEN, please contact a Consultant.
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