Request for Expression of Interest (EOI) for Consultants at Central Bank of Nigeria

Central Bank of Nigeria

Request for Expression of Interest (EOI) for Consultants Interested in Collaborating with the  Central Bank of  Nigeria to Establish Entreprenuership Development Centres (EDCs) in North Central, North  West and South-South Zones

Introduction

As part of its overall objective of  supporting the Federal Government efforts in combating youth unemployment and  fostering economic development at the  grass-roots, the  Central Bank of Nigeria(CBN) intends  to expand and replicate  the highly successful Entrepreneurship Development Centre (EDC) pilot in the other three geo-political Zones, North-Central, North-East, and South-South. The scaled-up EDC model, the Skills-based Entrepreneurship Development Centre (EDC), focuses on skills-based entrepreneurship training for tertiary and secondary school graduates who are desirous of generating self-employment through start-up or expansion of business ventures.

The executing agency for this initiative would be CBN through the Director of Development Finance Department. The EDC would involve entrepreneurship training based on an established curriculum, short-term vocational skills, mentoring, industrial attachment, enhanced Business Development  Services (BDS), linkage to financing, an expansion strategy beyond the zonal hub, a clearly articulated sustainable  and phased-out strategy, a robust M & E framework, systems-driven financial management, and other innovative components that will groom trainees to represent Nigeria in the  global market place.

2.    The Objectives of The EDCs

The CBN-supported EDCs which would target those with at least secondary and tertiary education have the following specific objectives among others to:

Develop entrepreneurship  spirit in Nigerians and provide  insight into the tools, techniques and framework for  managing   business   enterprise,  including production,  marketing, personnel and finance.

Develop skills of would-be-entrepreneurs to successfully start, expand, diversify and manage business enterprises, as well as link them with financial institutions for accessing start-up capital, especially from the microfinance banks.

Generate  employment opportunities for Nigerians in pursuance of the provisions of Vision 2020.

3.       Terms of Reference (TOR) for Implementing Agencies Any intended Implementing Agencies (lAs) is expected to be guided by the following:

• Provide the under listed facilities to support smooth and effective operations and delivery of the required services to trainees:
• Physical Structure (accommodation, halls etc)
• Training Materials (computers, lecture instruction materials etc)
• Equipment for hands- on- training
• Human Resources
• Other Institutional support infrastructure that will be incidental to the smooth delivery of the Centre objectives;
• To demonstrate a thorough understanding of entrepreneurship requirements and develop a clear procedure, work instructions and clearly state the model the  organization will adopt in delivering  both theoretical and practical training  for the trainees;
• To provide a platform for    needs based    research and training to meet relevant requirements in entrepreneurship development;
• Provide incubation Centres or evidence of collaboration with the centre for the purpose of   offering   on-site business facilities to aid trainees in session and enable the trainees have hands-on experiences on their chosen vocations;
• To  provide  a  model for establishing linkage between trainees  and financial institutions to enable them access financial services for starting or expanding their business after graduating;
• To   provide   an   appropriate   and   detailed   strategy for mentoring, coaching and monitoring the activities of trainees and graduates of the EDCs;
• To demonstrate the capability of providing counter-part funding and Prepare exist strategy for continued operation after the 5-year CBN support;
• Demonstrate that it can develop a wide reaching and comprehensive awareness programme aimed at providing information on the benefits of the EDC, particularly among the youths in the States in the geo-political zone
• The proposal should cover the following:
• Curriculum Vitae of principal partners
• Profile/ Experience of Key Consultants
• Summary of consulting experience in entrepreneurship in the past
• Description of facilities already available or which the IA intends to procure
• Management and Organizational Structure
• Physical location of the Consultant
• Eligibility Criteria
• Any intending bidder must fulfill the under listed conditions: Have an adequate complement of staff and relevant entrepreneurship background from reputable institutions, an exposure of minimum of ten years consultation in micro, small and medium enterprise consultation and skill and entrepreneurship development;
• Should be ready to establish the Centre in locations that will provide the most impact and accessibility to the beneficiaries in the zone;
• Have a link with existing industrial cluster for the purpose or sharing common resources particularly infrastructure after training.

Interested organizations are hereby invited to submit their bids for the establishment of the Entrepreneurship  Development Centres to reach Central below Centres to reach Central Bank of Nigeria at the- address  below on or  before 25^th September, 2011.   The proposal, address as below should not be more than 20 pages (A4, single-line spacing , 12 font  size in Times New Roman).

The Director,

Development  Finance Department

Central Bank of  Nigerian,

Corporate Headquarters

Central Business District

P.M.B 0187, Garki Abuja-Nigeria.

Signed

Management

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