The driving principle behind the organisation
is the effectiveness of wealth creation in tackling poverty. FATE’s philosophy
therefore, is that by equipping enterprising Nigerians with skills, tools,
networks, these individuals can create successful businesses that will in turn
offer gainful employment to the teaming masses of the unemployed in Nigeria.
Our Mission
To foster
wealth creation by promoting business and entrepreneurial development among
Nigerians
Our
Vision
To foster
the establishment and growth of over 1,000 businesses by 2005 and 5,000
businesses by 2015. These businesses will in turn lead to the creation of employment
for at least 50,000 Nigerians by 2015.
Our
services:
FATE
accomplishes its vision through the following services:
FATE School of
Entrepreneurship
Aspiring
Entrepreneurs Programme: An intensive hands-on business and entrepreneurial
empowerment programme for aspiring and budding entrepreneurs. The programme is
facilitated by accomplished entrepreneurs and leading professionals using a
practical curriculum that covers a wide range of business topics carefully
designed to assist participants develop their business ideas, set up and
operate fast growing businesses. The programme, comprises classroom
Sessions, Mentoring Sessions, Basic IT Training.
Emerging
Entrepreneurs Programme: A 9-week programme
specifically tailored for ambitious entrepreneurs who want their businesses to
be in the lead and dictate the pace for others. Businesses must have been in
operation for at least 3 years and have an average annual turnover of N10M. Ancillary services include corporate excursions that deal
with real-life business issues and a class business forum.
FATE Business Consulting
Alumni Supports Services: A range of post graduation services
available to FATE alumni to further enable them attain entrepreneurial
stability and maturity. These services equip FATE alumni with skills, tools and
networks.
Short
Entrepreneurial Courses: These are capacity building half-day business workshops
on specific subjects and industry sector held bi-monthly for Intraprenuers and
Entrepreneurs. These services are also provided as customized training
programmes for corporate organisation and groups on demand.
Enterprise
Development & Institutional Support: FATE Consultancy adopts sustainable development approach
to creating value for communities through the identification
and engagement of stakeholders, whilst
building partnerships and facilitating empowerment opportunities.
We engage with others to create shared value and sustain an environment that
promotes wealth creation.
Our Achievements
- Graduated 3,088 entrepreneurs from the FATE Aspiring Entrepreneurs Programme and the FATE Emerging Entrepreneurs Programme, trained 28, 175 participants at the half-day workshops and special workshops at the end of 2011 and have reached out to over 60, 160 youths on the subject of Entrepreneurship.
- Mobilized over 1000 private sector professionals who volunteer for FATE in various capacities as facilitators, mentors and consultants. Together with these volunteers, the Foundation is able to execute its training programme excellently.
- Successfully established a branch in Port Harcourt in year 2002 to provide the youths of the Niger Delta with the dignifying and sustainable alternative of entrepreneurship as a means of livelihood.
- Instituted the FATE Model Entrepreneur Award in year 2001 and FATE Alumni Model Entrepreneur Award in year 2002 to honour deserving Nigerian entrepreneurs who have traveled and triumphed over the rough and hostile business landscape of the country in the pursuit of their entrepreneurial dreams.
- Received an award for "Most SME friendly NGO in Nigeria" from National Association of Small and Medium Enterprises (NASME) in 2007.
Recipients of FME Award are:
- Mr. Frank Nneji, Managing Director and Chief Executive Officer, Rapido Group (FME 2001).
- Mr. Abiola Ogunrinde, Managing Director and Chief Executive Officer, Cosmos Chemicals (FME 2002).
- Mr. Kayode Odukoya, Managing Director and Chief Executive Officer, Bellview Airlines (FME 2003).
- Mr. and Mrs. Folu Ayeni, owners of Tantalizers Fast Food Company (FME 2004)
- Mrs. Nike Ogunlesi, Managing Director, Ruff n Tumble (FME 2005)
- Mrs. Ibukun Awosika, Managing Director, Sokoa Chair Centre (FME 2006)
- Mr. John Momoh, Managing Director and Chief Executive Officer, Channels Television (FME 2007)
- Mr. Godwin Ehigiamusoe, Executive Director, Lift Above Poverty Organisation (FME 2008)
- Mr. Tokunbo Talabi, Managing Director and Chief Executive Officer, Superflux International Limited (FME 2009)
- Dr. Cosmas Maduka, President/CEO, Coscharis Group (FME 2011)
- Mr. Udeme Ufot, Chief Executive Officer, SO&O Saatchi & Saatchi (Current FME)
Recipients
of the FAME Award are:
1.
Mr. Ayo Olalokun, Managing Director and Chief
Executive Officer, Nigercafe (FAME 2002).
2.
Mrs. Abolaji Osime, Managing Director and Chief
Executive Officer, World of Fun as well as several other businesses (FAME 2003).
3.
Mrs. Toyin Olaleye, Managing Director and Chief
Executive Officer, Teeto Foods (FAME 2004 ).
4.
Mrs. Gbonju Awojuyigbe, Managing Director,
Wandy Foods limited (FAME 2005).
5.
Mr. Dipo Davies, Managing Director, Real House
Communications (FAME 2006)
6.
Mr. Matthew Bankong, Chief Executive Officer,
S.E.I.C Construction Limited (FAME 2007)
7.
Mrs. Yinka Osobu, Chief Executive Officer, CMC
Interior (FAME 2008)
8.
Mr. Ibrahim Salau, Chief Executive Officer,
Environmental Accord Nigeria Limited (FAME 2009)
9.
Mr. Femi Odugbemi, Managing Director/Chief
Executive Officer, DVWORX Studios (FAME 2010)
10.
Alhaji Uba Adamu, Managing Director, Native
Butchers Global Resources (FAME 2011)
11.
Mr. Saheed Kekere Ekun, Chief Executive
Officer, Saheeto International (Current FAME)
Recipient of the Entrepreneur of the Decade Award is:
1.
Alhaji Aliko Dangote, Group President/Chief Executive Officer,
Dangote Group (Entrepreneur of the Decade 2010)
To date, FATE has continued to run
successfully, an annual business forum, an annual business plan competition,
and internship programmes for students
of business schools in Nigeria and
abroad.
FATE… committed to producing world-class
entrepreneurs!
FATE Foundation
1st
Floor, (Water House) Lagos State Water
Corporation Building
Ijora
Causeway, Ijora Olopa, Lagos, Nigeria.
07098123371