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Center for Entrepreneurship Development

Welcome Message

The idea for the establishment of the Centre for Entrepreneurship Development (CED) in Adekunle Ajasin University, Akungba-Akoko was in response to the National Universities Commission (NUC) directive that a general studies course in entrepreneurship be introduced in all Nigerian Universities. The directive was to encourage undergraduates to acquire relevant business skills in addition to their certification in order to reduce the high rate of employment by being job-creators and not job-seekers after graduation. By 2005, the then Visitor to the University, Dr. Olusegun Agagu directed, in line with the NUC directive, that all tertiary institutions and technical colleges in Ondo State should introduce a compulsory course in entrepreneurship. The Adekunle Ajasin University (AAUA) Senate under the Chairman of Senate and Vice Chancellor, Professor (Dr.) Med. P.O. Abiodun, keyed into the directives and promptly established the Centre for Entrepreneurship Development (CED) to run a university wide entrepreneur courses for all undergraduate.

Since its establishment, the CED has witnessed positive entrepreneurship impact on students and staff of the University as well as the Akungba-host community. Dr. S.A. Amuseghan was appointed as the pioneer Director in the 2005/2006 academic session and was subsequently followed by other innovative Directors of the Centre ranging from Dr. V. Olumenku, Dr. B.O. Ogungbamila, Dr. O. Akanbi, Dr. B.O. Igboin, Dr. O. Folami, and Prof. A.E. Gbadamosi. The Centre’s capacity to sustain its core mandate has been further boosted by the dynamic and incumbent entrepreneurship minded Vice Chancellor of AAUA, Prof. Olugbenga Ige, who has made sure that all requirements needed to effectively achieve the mission and vision of the Centre are provided in the self alone dedicated edifice for the Centre located in a serene and eco-friendly environment.

The Centre has the capacity to engage students and others on production of fruit drinks, tailoring/fashion design, catering and confectionary, ICT training, shoe making, nylon production, hair salon, and agro/agua culture. As we await the report of the NUC verification exercise on the Centre, efforts are being made to engage individuals and private entrepreneurs to partner with CED in several areas of mutual interest.
Prof. Simon Odion Ehiabhi
Director, Centre for Entrepreneurship Development (CED)

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Structure of Office
Role and Functions
Other Information

Our Structure

FOCUS OF THE ENTREPRENEURSHIP DEVELOPMENT PROGRAMME
The programme wishes to provide opportunities for all students to develop an entrepreneurial spirit by strengthening all the degree programmes in a way that obligatorily presents entrepreneurship opportunities in the various disciplines first, so as to make products of our degree programmes relevant and highly sought after by the business community. A key feature will be the promotion of an innovative spirit which is the key to excellence in any venture. Understandably, not all disciplines can boast of the same array of business opportunities and individual preferences may make a student to have affinity for ventures outside of his/her chosen discipline. The student will not be discouraged but will be given opportunities to venture into areas of personal affinity, as a matter of personal choice. Hence, the Sociologist may wish to learn a vocation as far removed from his/her discipline as bread making or fashion design. Such students will be presented with a wide array of opportunities to develop their affinities.
MODE OF OPERATION
The new programme will be ICT-driven while also presenting opportunities for the students to develop hands-on experience especially in business opportunities in their fields of specialisation. This, therefore, means that there will be a mix of theoretical discourse with structured development programmes based on learning modules that have been developed internationally. The Centre is proposing to develop Small Business Units (SBUs) to encapsulate the different disciplines and their business opportunities. These will run as on-going concerns which are expected to be profit oriented. Apart from providing opportunities for demonstration and the acquisition of technical competence, these SBUs will be sources of Internally Generated Revenue (IGR) for the University.
The training of the students in Entrepreneurship is structured for two semesters at the 200 and 300 Levels as recommended by NUC with the introduction of the Core Curriculum Minimum Academic Standard (CCMAS) which replaced the Bench Minimum Academic Standard (BMAS) from the 2024/2025 academic session.
First Semester of 200 Level: ENT 211: Entrepreneurship and Innovation. Students will be introduced to the basic concepts, theories and principles of entrepreneurship and management. They will also be exposed to practical aspects of the teaching. Second Semester of 300 Level: ENT 312: Venture Creation. Students will be exposed to the knowledge of how to identify business opportunities, start-up orientation and registration of businesses, networking and marketing as well as feed back mechanism as they impact on a growing enterprise. They will also be exposed to practical aspects of the teaching.
The CED will provide a wide range of teaching materials including streamed video clips of talks by internationally recognised foreign and local entrepreneurs in order to awaken the spirit of entrepreneurship in the students. Case studies and short biographies of entrepreneurs will also be presented.
VOCATIONAL/PRACTICAL COURSES
It is recognised that many students may not be entirely satisfied with the professionally oriented courses in their disciplines because of experience, aspiration or personal inclination. Such students will be encouraged to register for vocational training to be rendered by CED. These vocational trainings will be practical-based and will have their roots in specific Small Business Units (SBUs) being proposed for establishment by the C

Our Roles

The Functions of the Centre: The Centre’s main functions are as follows:

  1. Curriculum development in entrepreneurship and innovation;

  2. Coordination of teaching and research in entrepreneurship and other linkages;

  3. Promotion of linkages with the private sector through research, consultancy, training and building networks and alliances;

  4. Development of appropriate approaches for promoting innovation among entrepreneurs particularly of small business and students; and

  5. Development of modalities for promoting linkage with government, including building appropriate institution and legal frameworks for enhancing university private-sector collaboration in Nigeria.

How We Perform Our Functions: We seek to accomplish our mandate by:

  1. Training students, staff and entrepreneurs through workshops, seminars and lectures in face-to-face and distance-learning mode, including university-listed courses that are practical and evidence-based;

  2. Using a combination of academic and private-sector-based instructions in teaching and in attaching trainers to experienced mentors for guidance and experience-sharing;

  3. Organisation of research and innovation as well as similar fairs and competitions for promoting entrepreneurship and innovation at different levels;

  4. Conducting relevant research and consultancies to determine appropriate technology incubators and small business development centres as well as using other knowledge-transfer approaches; and

  5. Networking with others in performing these functions, including building development centres, appropriate legal and industrial frameworks and provision of a conducive environment for the development of entrepreneurship and innovation.

More Info

Introduction: The Centre for Entrepreneurship Development (CED) is an arm of the University that promotes university-private sector collaboration, teaching and research in entrepreneurship and innovation, and the direct relevance of the university to its environment and society at large. It seeks to complement the efforts of the government in promoting private sector-led growth as envisioned in national and continental policies and initiatives, such as the Small and Medium Scale enterprises (SMSE).
1. Our Vision: To positively transform society through entrepreneurship.
2. Our Mission: To unlock the entrepreneurship ideas, in students, staff and operators of small and medium enterprises, through training and other interventions, to enable them develop sustainable enterprises by utilizing mutually rewarding partnership with the private sector, policy-maker and non-government organizations committed to economic growth, poverty alleviation and sustainable development.
Core Competencies • Building Human Capital • Unlocking ideas in people through training, research and consultancy • Developing a portfolio of relevant competencies • Creating innovation through product-prototyping and process improvement 3. Goal: The goal of the CED is to institutionalize the development of entrepreneurship and innovation through teaching, research, networking and advocacy, as well as collaboration with the private sector and government.
OUTLINE OF THE ENTREPRENEURSHIP COURSES
ENT 211: Entrepreneurship and Innovation (Compulsory, 2 Units) Learning Outcomes
Students should be able, after a comprehensive practical approach to: 1. explain the concepts and theories of entrepreneurship, intrapreneurship, opportunity seeking, new value creation and risk taking;
2. state the characteristics of an entrepreneur;
3. analyse the importance of micro and small businesses in wealth creation, employment, and financial independence;
4. engage in entrepreneurial thinking;
5. identify key elements in innovation;
6. describe stages in enterprise formation, partnership and networking including business planning;
7. describe contemporary entrepreneurial issues in Nigeria, Africa and the rest of the world; and
8. state the basic principles of e-commerce.
ENT 312: Venture Creation (Compulsory, 2 Units) Learning Outcomes
Students should be able, after a comprehensive practical approach should be able to:
1. describe the key steps in venture creation;
2. spot opportunities in problems and in high potential sectors regardless of geographical location;
3. state how original products, ideas, and concepts are developed;
4. develop business concepts for further incubation or pitching for funding;
5. identify key sources of entrepreneurial finance;
6. implement the requirement for establishing and managing micro and small enterprise;
7. conduct entrepreneurial marketing and e-commerce;
8. apply a wide variety of emerging technological solutions to entrepreneurship; and
9. appreciate why ventures fail due to lack of planning and poor implementation.
At the moment, training facilities are available as enumerated earlier for the vocational courses. Provision will however be made for other areas of interest as enumerated below: • Catering and Confectionery Services • Fruit drinks Production • Nylon Production • Shoe Production • Tailoring/fashion design • ICT training • Hair salon • Agro/Agua culture.