OPPORTUNITY CAFE

University of Ibadan campus, lacks a space for

students with an entrepreneurial minds to

test ideas and innovative solutions.

The Challenge

A survey in 2016 revealed that sampled 7 out of 10

university graduates who had ideas for potentially

viable business solutions as undergraduates,

forfeited those ideas due to the

jobcentric focus of university education and the absence of

dedicated spaces for entrepreneural activities.

“ ” is a networking space for budding Opportunity Cafe

student entrepreneurs to share ideas while having

cups of hot or cold beverage.

Scale:

Opportunity Cafes spread out nationally700

What’s Worked?

A Nigerian youth who enters the university with

entrepreneurial impulses is about likely to 99%

give up such inclination by the time they

are graduating.

The current undergrauate population in Nigeria is between

4-5 million

The “Opportunity Cafe” already has

over 50,000 students enrolled

Market Potential

The Solution

Our partnership with NESCAFE involved using our

mentorship platform

“THE NIGERIAN CAMPUS ENTERPRISE CHALLENGE”

to select aspiring student entrepreneurs

to run 3 cafes for a year.

Sales of up to 400 customers daily per café

have been recorded translating to revenues of up

to $700 daily. This has resulted in combined average

sales (across all 3 cafes) and at least 800 cups sold daily.

Summary

Opportunity Cafe’s strategy is two-fold

A yearly entrepreneurship laboratory

where a select number of students can

gain practical experience by managing

a real business.

A meeting place for student founders

entrepreneurs to engage in start up

conversations, hackathons, business

mentoring sessions and networking

aimed at turning ideas into viable

business solutions, while enjoying unique

beverages.

Our partnership experience with the NESCAFE in 3

Nigerian campuses (Universities of Ibadan, Benin

& Calabar) shows a strong demand by students

for coffee and similar beverages.