When did u guys close today?

Pls help.
Youwin had text us date and venue for training in Akwa ibom state. Bt now i got a text frm a consulting company abt d same training bt in delta state. See d text below

JK Consulting Co. Ltd invites U to YouWin training from 14th to 16th March 2018, 8:30am daily @ Labour Hall, off Okpanam Rd along NTA Rd Asaba, Delta State.


Am confused. Pls hw do i handle dis? Cud it b a mistake? N y wud a change of venue com a day bfor d training?

Godson00001:
Pls help.
Youwin had text us date and venue for training in Akwa ibom state. Bt now i got a text frm a consulting company abt d same training bt in delta state. See d text below

JK Consulting Co. Ltd invites U to YouWin training from 14th to 16th March 2018, 8:30am daily @ Labour Hall, off Okpanam Rd along NTA Rd Asaba, Delta State.


Am confused. Pls hw do i handle dis? Cud it b a mistake? N y wud a change of venue com a day bfor d training?

please ignore JK consulting message

The agenda shows 8am-5:30pm but we didn't use all the time, we were able to close some minutes pass 4. This was because the kitchen wasn't coordinated well and so we had to combine 2 lectures after breakfast. Sorry for the slow response network in Yola is poor.

Godson00001:
Pls help.
Youwin had text us date and venue for training in Akwa ibom state. Bt now i got a text frm a consulting company abt d same training bt in delta state. See d text below

JK Consulting Co. Ltd invites U to YouWin training from 14th to 16th March 2018, 8:30am daily @ Labour Hall, off Okpanam Rd along NTA Rd Asaba, Delta State.


Am confused. Pls hw do i handle dis? Cud it b a mistake? N y wud a change of venue com a day bfor d training?

Please i got the same message is it a scam?

Embaszy:
please ignore JK consulting message

M.r Embaszy how do we confirm how legit the info is?

prekumohtim:

The same location Iwofe right?

My Training centre is iwofe too but i got this sms this evening from jk consulting.telling me that my training is in delta state.. 14-16th. did you get the same message?

careerhelp:

My Training centre is iwofe too but i got this sms this evening from jk consulting.telling me that my training is in delta state.. 14-16th. did you get the same message?

Guys, you know what to do - write or call YouWin! Connect about it. They're in the best position to tell you what's going on.

Anybody in the house attending the class in Sokoto?

careerhelp:


M.r Embaszy how do we confirm how legit the info is?

it s a scam because almost everybody here got one message from youwin connect and I don't think anyone here has been receiving messages from JK consulting from the inception if this programme

Godson00001:
Pls help.
Youwin had text us date and venue for training in Akwa ibom state. Bt now i got a text frm a consulting company abt d same training bt in delta state. See d text below

JK Consulting Co. Ltd invites U to YouWin training from 14th to 16th March 2018, 8:30am daily @ Labour Hall, off Okpanam Rd along NTA Rd Asaba, Delta State.


Am confused. Pls hw do i handle dis? Cud it b a mistake? N y wud a change of venue com a day bfor d training?

Pls ignore the latter

careerhelp:


Please i got the same message is it a scam?

Yes,real scam.Pls run!run ooooooooooo!

My Training centre is iwofe too but i got this sms this evening from jk consulting.telling me that my training is in delta state.. 14-16th. did you get the same message?
My brother youwin did not use sms this time around its only IV via email my training center too is iwofe 20 to 22

Though i got same msg too but i will just ignore it

Just got another msg to disregard the previous msg now.

nkemzzy:
Just got another msg to disregard the previous msg now.

The recent msg was from who and through which media was it sent?

Youwin says you should disregard the message telling you that your training centre is in Asaba, Delta state except you are residing in Edo or Delta State

ENOCHEUNICE:
The recent msg was from who and through which media was it sent?

Sent via SmS and from the same source rNotify

leonprince:
Is just training just for now on business model canvas. We were divided into groups: ICT, fashion, agriculture, construction. Each group was given a project to present after group discussion.

What was the project like, was it interesting.

kessling:


Sent via SmS and from the same source rNotify

rNotify is a general platform used in naija recently.I believe the presently one should be the one we shd follow

LoveThemChubby:
Anybody in the house attending the class in Sokoto?

Yeah, 19-21 and u?

bilal4riid:

Yeah, 19-21 and u?

same

ENOCHEUNICE:
Pls share your experience when you return.Thanks.

I've arrived the venue. Time is 8:30-5:30. They are still setting up equipments as at time of this msg. Seems it's more training

EkpoTony:


I've arrived the venue. Time is 8:30-5:30. They are still setting up equipments as at time of this msg. Seems it's more training

Which location pls?

I think you should write to YouWin team and include the text message calling for the training. There is an e-mail for correspondence in the series of mails we received from them. They usually respond before the day is over

8:00am-5:30pm?

careerhelp:

My Training centre is iwofe too but i got this sms this evening from jk consulting.telling me that my training is in delta state.. 14-16th. did you get the same message?

No , my training centre remains the same . No changes made so far

ENOCHEUNICE:
Which location pls?

calabar, cross river

kessling:

calabar, cross river

Ok. Pls keep us updated. Thanks.

ENOCHEUNICE:
Which location pls?

Calabar.

In my opinion as a facilitator in the youwin connect 2017, the YouWiN Connect is deliberately not saying much about the funding aspect of the YouWiN! Connect. It is so that they can attract more Nigerians who are sincerely interested in starting or growing their businesses. this is because any such persons would also be interested in every aspect of their business and not just funding. It is also an attempt to disabuse the minds of an average Nigerian SME that funding is not the most important factor in business growth. Capacity development, which is more of what YouWiN! Connect is doing through most of its programme, is even more important than funding.
Having said these, I want to assure you that YouWiN Connect has funding SMEs as part of its core objectives. However this time, they have not called it ‘Grant’ but ‘Series Fund’.
This is how YouWiN Connect defines its Series Fund;
Source: www.youwinconnect.org.ng . it is an annual venture capital fund set up by the federal ministry of finance which will offer equity investment to early stage SMEs and starts up through qualified top fund managers. The federal ministry of finance may as well be the fund managers herself. Or can assign these responsibilities to independent fund mangers. There are both banking and non banking fund managers( banking fininacial managers includes Stanbic IBTC asset management limited,FBN capital limited,UBA asset management limited, "investment one "founded by Guaranty trust bank ,zenith capital limited and sterling asset management limited other non bank financial managers includes: Asset and resources management limited (ARSM) and chapel denham groups) so as to grow and develop the young start ups and early SMEs businesses under a co investment model.
What this implies is that the fund coming from YouWiN Connect this time is neither a grant nor a loan, but an equity investment. This is a modern international standard unique form of business financing that makes the fund provider an investor/shareholder in the business they are financing/funding.
Let me help you understand these terminologies and their implications properly as regards business financing.

The Fmf youwin connect Equity financing or co investment model of a series funding. This is a kind of business funding where a group of investors called venture capitalists groups provide funds to businesses in exchange for a specified share in your business for a specified period of time or until they decide to quit. It is just like you have a rich uncle who has been doing business over the years, and you have a business idea or a growing business that requires funds to grow. You approach your uncle to give you money to inject into your business, and he says fine, I will do that, but you will allow co-own the business with you. It is a win-win, you get the money you need and he becomes a shareholder in your business.
Venture capitalists or equity investors usually become involved in the key decision-making process of your business (not the day-to-day running of the business) as board members usually through their appointed fund managers. This is probably the best form of business financing for any truly sincere entrepreneur, because you have nothing to lose, except a 100% control of your business. Venture capital investors are usually very experienced in business and so coming into your business, they would bring their expertise and experiences and help your business to grow more than you would have done alone. Again, in the case that your business did not pick up as you both envisaged, or in the worst case scenario fail, they simply walk away and you would owe them nothing. The only bad side is that you lose some control over your business

oceanwhale4u:
In my opinion as a facilitator in the youwin connect 2017, the YouWiN Connect is deliberately not saying much about the funding aspect of the YouWiN! Connect. It is so that they can attract more Nigerians who are sincerely interested in starting or growing their businesses. this is because any such persons would also be interested in every aspect of their business and not just funding. It is also an attempt to disabuse the minds of an average Nigerian SME that funding is not the most important factor in business growth. Capacity development, which is more of what YouWiN! Connect is doing through most of its programme, is even more important than funding.
Having said these, I want to assure you that YouWiN Connect has funding SMEs as part of its core objectives. However this time, they have not called it ‘Grant’ but ‘Series Fund’.
This is how YouWiN Connect defines its Series Fund;
Source: www.youwinconnect.org.ng . it is an annual venture capital fund set up by the federal ministry of finance which will offer equity investment to early stage SMEs and starts up through qualified top fund managers. The federal ministry of finance may as well be the fund managers herself. Or can assign these responsibilities to independent fund mangers. There are both banking and non banking fund managers( banking fininacial managers includes Stanbic IBTC asset management limited,FBN capital limited,UBA asset management limited, "investment one "founded by Guaranty trust bank ,zenith capital limited and sterling asset management limited other non bank financial managers includes: Asset and resources management limited (ARSM) and chapel denham groups) so as to grow and develop the young start ups and early SMEs businesses under a co investment model.
What this implies is that the fund coming from YouWiN Connect this time is neither a grant nor a loan, but an equity investment. This is a modern international standard unique form of business financing that makes the fund provider an investor/shareholder in the business they are financing/funding.
Let me help you understand these terminologies and their implications properly as regards business financing.

The Fmf youwin connect Equity financing or co investment model of a series funding. This is a kind of business funding where a group of investors called venture capitalists groups provide funds to businesses in exchange for a specified share in your business for a specified period of time or until they decide to quit. It is just like you have a rich uncle who has been doing business over the years, and you have a business idea or a growing business that requires funds to grow. You approach your uncle to give you money to inject into your business, and he says fine, I will do that, but you will allow co-own the business with you. It is a win-win, you get the money you need and he becomes a shareholder in your business.
Venture capitalists or equity investors usually become involved in the key decision-making process of your business (not the day-to-day running of the business) as board members usually through their appointed fund managers. This is probably the best form of business financing for any truly sincere entrepreneur, because you have nothing to lose, except a 100% control of your business. Venture capital investors are usually very experienced in business and so coming into your business, they would bring their expertise and experiences and help your business to grow more than you would have done alone. Again, in the case that your business did not pick up as you both envisaged, or in the worst case scenario fail, they simply walk away and you would owe them nothing. The only bad side is that you lose some control over your business

Your explanation manifests a lot of competence. But please there is one aspect of equity financing you failed to address, Can we exercise the right to buy these investors out because in my line of profession, I have a tad bit of knowledge about what venture sharks are capable of, as you are aware most times they demand that the articles of association endow them the right to hire and fire an underperforming CEO, frontline creditor settlement status in event of liquidation as well as the usual "30".
One more thing, these VCs you mentioned, are they representing the FG? I.e is the FG acting through them or are they the core investors in their corporate capacity, reason am asking being that I presume bank VC stipulations should be stiffer than FGs.