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Funded by the Cherie Blair Foundation for Women, the program aims to equip female entrepreneurs in low and middle-income countries with business skills, networks, financial literacy, and confidence to achieve business success.
The core objective of the initiative is:
- To support 40 women-owned businesses in Ogun State to help them break through barriers capable of hindering their growth.
- To ensure that participants are fully equipped with skills in the program, the curriculum for the training is designed to offer an all-inclusive set of courses that is aimed at addressing the tools needed in the growth and effective management of a business.
- By the end of the program, participants are expected to gain knowledge, skills, confidence, and attitudes to build their businesses and apply for important financial services.
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The curriculum includes key objectives
- What are business operational objectives?
- Key components of a business growth plan.
- Market segmentation and market analysis.
- Key considerations in forecasting sales.
- Factors that affect the cash flow of a business.
- What are financial statements and their importance?
- The different types of financial services that may be relevant, when to consider borrowing, and what the application process consists of.
- How financial institutions analyze a business’s financial statements.
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To be eligible for the program
- The applicant must be a woman entrepreneur who owns at least 50% of the business.
- The applicant must own a business that has generated profit for the last two years.
- The business must have 3–49 employees.
- The applicant must be able to read and write in English.
- You must have basic computer skills.
- The applicant must have no previous access to loans and must demonstrate a need for additional investment.
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