Building Entrepreneurs Today (BET) programme is one of Diamond Bank’s Corporate Social Responsibility initiatives aimed at generating interest in entrepreneurship. Since 2010, Diamond Bank has partnered with the Enterprise Development Centre (EDC) of the Pan Atlantic University in training and nurturing micro, small and medium scale businesses under the BET programme.
The BET programme is an annual capacity building and business education project which involves the training of fifty (50) budding entrepreneurs over a period of six (6) months after which the top five (5) entrepreneurs are awarded Three Million Naira (N 3,000,000) grants to take their businesses to the next level. This annual initiative has contributed immensely to the pool of skilled small and medium scale entrepreneurs as well as enduring wealth creation in the country.
While previous editions of the BET initiative were open to entrepreneurs involved in diverse economic sectors and businesses, the initiative since its 2014 edition became open to only entrepreneurs involved in three (3) fundamental sectors
1) Agro allied- Businesses in the agriculture sector
2) Information Technology- Technology based businesses
3) Renewable Energy- Businesses focused on improving and providing renewable energy
Selection criteria will be as follows:
- Applicant must have a fully functional business (at least 3months in operations)
- Applicant MUST not have attended any entrepreneurial Management program at EDC.
- The business must have high growth potential.
Enterprise Development Centre of the Pan African University will be responsible for selecting the best 50 entrepreneurs that will partake in the 3 months Capacity Building Program. These 50 participants will enjoy all of EDC networking meeting, Business advisory and counseling session
From the 50 entrepreneurs, 15 will be selected as Top Breed Students and they will be further engaged in an Intensive Business Development Support Service for another period of 6 months. This set of 15 students shall be provided with a quarterly consulting session to be provided by experts in various fields, monthly monitoring contacts with mentors for participants and a mentor for each participant who shall be a second year MBA student at the Lagos Business School.
From the 15 Top students entrepreneurs, EDC will select 5 outstanding entrepreneurs that will be given the “Next Level Award”. Diamond Bank will reward the 5 outstanding entrepreneurs with a sum of N3 million Naira each as their growth capital for their businesses.
Interested applicants can apply on-line at Diamond Bank BET 5