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What We Do
  • Provides organisations with human capital of high educational ability and experience and secure professional status....Read more 

Downloadable Forms
Registration 
 
Exemption/Examination
 

MoU of ICAPS & ICECN
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Dr. Anyanwu Chikpandu Francis
MPA, FCMA, CEC,FICEC, FCEA, PhD. 
(Director General/Chief Executive Officer)

Brief Overview

The Institute of chartered entrepreneurs’ consultants, Nigeria (ICECN) is an independent professional body that offers concentration on entrepreneurship, with particular emphasis on structured entrepreneurship mentorship, otherwise referred to as ‘PSYCHO-ENTREPRENEURSHIP CONSULTANCY/MENTORSHIP’.

The Objectives of the Institute are:

  1. To promote self-reliance and mutual aid for the alleviation of poverty,
  2. To encourage, increase, disseminate and promote the education and training of members in respect to the practice of entrepreneurship,
  3. To conduct professional examinations leading to the award of certificates as may be prescribed by the Institute,
  4. To determine the standards of knowledge and skill to be obtained by persons seeking to become registered members of the Institute and raising those standards from time to time as circumstances may demand,
  5. To maintain discipline within the profession,
  6. To highlight and impart such specialised knowledge and experience in entrepreneurship,
  7. To assess business possibilities, and opportunities for people- unemployed graduates, youths, women and existing businesses wanting to make meaningful impact in the business community,
  8. To mobilise people and make them successful business leaders, wealth and Job creation; and poverty reduction agents,
  9. To provide free, meaningful management assistance to small business, particularly very small business, by the use of business students in universities and colleges throughout the country,
  10. To use Psycho-Entrepreneurship Analysis – known as the psychology (mental and spiritual state) of people to be able to advise them on appropriate job creation skills to develop,
  11. To provide learner support services, including mentoring and coaching,
  12. To research on skills business growth and profitability strategies and initiatives,
  13. To groom individuals (consultants) on best practices in delivering business and entrepreneurship development consulting, coaching and mentoring services to micro, small and medium business owners and prospective (upcoming) entrepreneurs,
  14. To establish and maintain a register of members entitled to practice as Chartered Entrepreneur and a register of institutional members.

Five Pillars of ICECN:

  • Skills Acquisition
  • Jobs Creation
  • Wealth Creation
  • Economic Impact/Poverty Reduction
  • Psycho-Entrepreneurship Consultancy/Mentorship

Why ICECN is Necessary for the Economic Development of Nigeria
Amongst other Institutes that may exist on entrepreneurship, the Institute of Chartered Entrepreneurs’ Consultants, Nigeria (ICECN) plays a leading role in the following areas:-

  1. Complements Government’s Effort in Job Creation,
  2. Provision of Consultancy/Mentorship services to micro, small and medium enterprises and banks,
  3. Provision of Psycho-Entrepreneurship mentorship programme

Complementing Government Efforts in Job Creation
On April 1, 2014. The finance minister stated during the inauguration of the new batch of the ‘You-Win ‘graduates that about 1.8million graduates enter the Job market every year. No doubt, the economic condition in the country has clearly shown that paid employment is no more available to absorb our teeming graduates who continue to roam about the streets searching for no-existing jobs. This has resulted in high rate of unemployment. The Institute of Chartered Entrepreneurs’ Consultants, Nigeria (ICECN) as an independent professional body will complement the effort of government in job creation by promoting entrepreneurship education. Small and medium Enterprises (SME) is a sure way of resolving the deteriorating unemployment situation in Nigeria because it is easier to establish, and require smaller start-up capital than larger organisations, has higher turnover employee ratio and has greater flexibility in management. While it is recognised that attrition rate is high, greater regulatory intervention on account of preparation, training exposure, appropriate and structured mentorship would turn the sector into a significant agent of economic transformation.

Provision of Consultancy /mentorship Services
Several factors influence the development of small and medium Enterprises (SMES). These factors vary in nature, quantity and type from one economy to another. Commonly and generally, finance is adduced as the greatest influence in the development of this sub-sector. The common argument is inadequate financing either due to inaccessible finance or no finance at all. Nigeria is not an exception in this regard. However, in Nigeria, though, the hue and cry about ‘poor financing’ is deafening as a close scrutiny will show otherwise. This is because the Nigeria SME sub-sector has over the years continued to receive tremendous amount of financing through government agencies and institutions. 
Here are few examples:

  • The Poverty Alleviation Programme
  • ₦19 million funding for small-scale Enterprises nationwide in 1981, administered through the Nigeria Bank for Commerce and Industry (NBCI),
  • Funds for development of small-scale enterprises from various international bodies including the World Bank, UNIDO, UNDP, ILO and the USAID,
  • ₦90 million Business development fund for women being managed on their behalf by Federal Ministry of Women Affairs and Youth Development,
  • ₦50 million pilot fund on behalf of the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN),
  • The Small and Medium Industry Equity Investment Scheme (SMIEIS),
  •  ₦220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF) August, 2013.

From the above, it can be seen that it is no more about finance than it is about management of the SMES that is more responsible for the poor performance of this sub-sector. And in providing the right management skill for the SMES, there is little that can substitute one-on-one and individual attention to the specific needs and issues of a business establishment. Also, the value of personal support, ongoing concern, customised services and guidance of a committed, experienced Chartered Entrepreneurs’ Consultant to emerging entrepreneurs cannot be overlooked. It is against this background that the Institute was established to provide this very important service (consultancy) to business owners.

Provision of Psycho-Entrepreneurship Mentorship Programme
The Institute of Chartered Entrepreneurs’ Consultants, Nigeria is presently the only professional body in Nigeria providing this service. Before now, there is no structured entrepreneurship mentorship programme that would serve as a guide or plan upon which fund liquidation would be based. What obtains is the dis-jointed capacity building programme or the so called business development services (rendered by service providers). In other instance, the best form of mentorship offered does not take into consideration the psychology (mental and spiritual state) of the entrepreneur. Unlike the above form of mentorship, which is unstructured, the ICECN is providing a modern, workable, tested and successful variant of mentorship referred to as ‘psycho-entrepreneurship mentorship (PEM).

PEM is known to be the only mentorship programme of its variant at the moment, if effectively implemented, PEM possess the capacity to improve entrepreneurship level for over 60%; reduce the rate of business failure to below 10%. Psycho- Entrepreneurship Mentorship is the interventionist strategy our economy desperately requires to boost not only our SMES sector, but also to ensure that our economy blooms, thereby escalating the rate of employment through direct and indirect multiplier effect.

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