The Lagos Young Entrepreneur Awards (LAYEA), a prestigious platform recognizing and celebrating exceptional young business leaders in Lagos State, is poised to return for its sixth edition in September. This year’s event carries a heightened significance as it underscores Lagos’s growing economic prominence as the fifth largest economy in Africa. The awards aim not only to acknowledge the achievements of these dynamic entrepreneurs but also to inspire the next generation of business leaders and promote the vital role of entrepreneurship in driving economic growth. Organized by A List Events and Entertainment Company, LAYEA has become a highly anticipated event on the Lagos business calendar, offering a unique blend of recognition, networking, and entertainment.

LAYEA 2024 promises a multifaceted program designed to engage and inspire attendees. Beyond the awards ceremony itself, the event will incorporate various enriching activities, including mentorship sessions led by seasoned entrepreneurs, insightful lectures on relevant business topics, and a vibrant pageant showcasing the entrepreneurial spirit. The occasion will also mark the launch of an official LAYEA magazine, providing a platform for further exploration of the entrepreneurship ecosystem. Adding to the celebratory atmosphere, top Nigerian musicians and comedians will provide entertainment throughout the event, culminating in the presentation of awards across diverse categories recognizing individual and corporate excellence.

Oluwanisola Ashifat, the Chief Executive Officer and Creative Director of LAYEA, emphasizes the platform’s evolution into a credible avenue for showcasing youth-led innovation and providing valuable visibility for both individuals and corporate brands. Over the years, LAYEA has cultivated a strong reputation for recognizing and promoting entrepreneurial excellence, attracting significant attention and offering unique opportunities for participants to connect with a wider audience. This year’s edition will place particular emphasis on educating the public about the awards’ objectives, highlighting the accomplishments of past awardees, and showcasing the rigorous and transparent selection process that ensures the credibility of the awards.

A crucial aspect of LAYEA’s success lies in its strategic partnerships and collaborations. The organizers are actively pursuing collaborations with various stakeholders, including government agencies, non-governmental organizations, corporate institutions, and high-net-worth individuals, to secure sponsorship, partnerships, and support for the event. These collaborations not only provide essential resources but also broaden the reach and impact of the awards, fostering a stronger entrepreneurial ecosystem within Lagos State. This collaborative approach ensures that LAYEA remains a sustainable and influential platform for promoting entrepreneurship.

The awards categories for LAYEA 2024 are designed to recognize a diverse range of entrepreneurial achievements. In addition to recognizing individual young entrepreneurs, the awards will also include honorary recognitions for impactful philanthropists and corporate entities that have demonstrated exceptional contributions to the community. This broader scope underscores the importance of recognizing various actors who contribute to the overall economic and social development of Lagos State. By acknowledging the contributions of both individuals and organizations, LAYEA aims to foster a more holistic and inclusive entrepreneurial environment.

Nominations for LAYEA 2024 are open to the public, encouraging widespread participation in recognizing outstanding young entrepreneurs. The organizers invite nominations for high-profile young entrepreneurs, including CEOs and managing directors under the age of fifty, who have made significant contributions to the business landscape in Lagos. The public is encouraged to nominate individuals who have inspired them with their entrepreneurial drive and innovation. The nomination period closes on July 15, after which the rigorous selection process, emphasizing fairness, credibility, and inclusivity, will commence. This open nomination process ensures that deserving individuals from diverse backgrounds and sectors have the opportunity to be recognized.

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