Archives Tag: SMEs
Apply for the Growth4Her Investor Readiness Accelerator Program for Women SMEs
April 19, 2022
Applications are currently ongoing for the Growth4Her Investor Readiness Accelerator Program. It’s an initiative designed to equip women who own and run an SME with the knowledge and skills they need to ready their businesses for major investment. If you are a female entrepreneur in Nigeria and you would like to scale your SME, … Continue reading Apply for the Growth4Her Investor Readiness Accelerator Program for Women SMEs
Apply for the Sterling Bank Green Innovation Challenge 2024
April 19, 2022
Applications are open to SMEs, cooperatives and social enterprises looking to benefit from the Sterling Bank Green Innovation Challenge. If you are an entrepreneur or venture leader in the agriculture, CleanTech or social enterprise spaces, and you would like to receive financial support to grow your business or intervention, you might want to explore … Continue reading Apply for the Sterling Bank Green Innovation Challenge 2024
Strategic Partnerships: Why You Need Them as a Nigerian SME
April 19, 2022
The English poet John Donne’s famous statement “No man is an island” emphasizes the importance of partnerships in the business world. SMEs in Nigeria face challenges such as navigating the economy and tough competition. Strategic partnerships can help SMEs expand their reach and grow their businesses. Read more about Business What Are Strategic Partnerships? … Continue reading Strategic Partnerships: Why You Need Them as a Nigerian SME
Customer Retention Strategies for Nigerian SMEs
April 19, 2022
Retaining existing customers is crucial for business success. It’s more cost-effective than acquiring new ones and contributes to stable revenue. Increasing customer retention rates by just 5% can lead to a profit increase of 25% to 95%. In Nigeria’s competitive market, small businesses must prioritize customer retention to thrive. If you’re an SME owner … Continue reading Customer Retention Strategies for Nigerian SMEs
Apply For the Agribusiness Challenge Fund for SMEs In Africa
April 19, 2022
Small and medium enterprises in the agriculture sector can apply for the Agribusiness Challenge Fund. The program is to aid SMEs with funds to scale up their operations. Read more about Opportunities Support from the Agribusiness Challenge Fund ranges from US$ 500,000 to US$ 2,500,000, which will be disbursed over three years for applicants … Continue reading Apply For the Agribusiness Challenge Fund for SMEs In Africa
By ugo-chinedu
Maaaaad Marketing: A Must-Attend Conference for Nigerian Entrepreneurs
April 19, 2022
Marketing has always been an important factor for business success, yet it remains one of the biggest challenges for many Small and Medium Enterprises (SMEs). Many entrepreneurs who have ventured into businesses shut down almost as soon as they set up, for no other reason than their inability to get their marketing right. The … Continue reading Maaaaad Marketing: A Must-Attend Conference for Nigerian Entrepreneurs
The LAG-UP Lagos State Youth Upskilling Program
April 19, 2022
If you are a young Nigerian based in Lagos State and interested in entrepreneurship, digital literacy, mentorship, and access to funding for your business, job placement, and income generation, apply for the LAG-UP Lagos State Youth Upskilling Program. Read more about Opportunities The LAG-UP program will unleash the potential of young people and small … Continue reading The LAG-UP Lagos State Youth Upskilling Program
By ugo-chinedu
Apply For the Agri-SME Seed Lab Program for Africans
April 19, 2022
Small and medium enterprises in the agricultural sector can apply for the Agri-SME Seed Lab Program. An initiative of the African Development Bank’s Agri-Food SME Catalytic Financing Mechanism’s (ACFM) Technical Assistance Window. This was delivered through Open Capital’s Agri-SME Support Program. The Agri-SME Seed Lab Program aims to equip SMEs in the agricultural sector … Continue reading Apply For the Agri-SME Seed Lab Program for Africans
By ugo-chinedu
12 Signs You May Be Under Cyber Attack
April 19, 2022
With increasing emphasis on using digital tools and solutions for work, Cyber attacks are becoming increasingly common, especially for individuals and small and medium-sized enterprises (SMEs). Individuals and SMEs often do not have the financial resources to implement the necessary cybersecurity apparatus compared to big businesses with a whole department and budget created for … Continue reading 12 Signs You May Be Under Cyber Attack
Apply For the GET Compass Program
April 19, 2022
If you are a small and medium-scale enterprise that is in search of grants to boost your business, apply for the Grooming Endowment Trust (GET) Compass program. With the GET Compass program, SMEs can get business grants of up to 2 million naira to scale up their businesses and be exposed to platforms that … Continue reading Apply For the GET Compass Program
By ugo-chinedu
Ways SMEs Can Successfully Make Inroads in the Nigerian Market
April 19, 2022
The Nigerian market holds immense potential for Small and Medium Enterprises (SMEs), offering a large and diverse consumer base. However, successfully penetrating and sustaining growth in this dynamic landscape requires strategic planning and execution. In this article, we explore actionable strategies that SMEs can leverage to navigate the complexities of the Nigerian market and … Continue reading Ways SMEs Can Successfully Make Inroads in the Nigerian Market
5 Lucrative Small Businesses Tailored for Women
April 19, 2022
Small businesses have long been a cornerstone of survival for Nigerians, offering avenues for economic empowerment and independence. In today’s thriving landscape, women are increasingly exploring entrepreneurship. Here are five of the most promising small and medium-scale enterprises (SMEs) tailored for women: Read more about Business Catering and Event Planning Women, renowned for their … Continue reading 5 Lucrative Small Businesses Tailored for Women
By guestpost
Flour Mills of Nigeria Prize for Innovation Competition 2024
April 19, 2022
Applications for Season 3 of the Flour Mills of Nigeria Prize for Innovation Competition are now open. Do you run an SME operating in or developing solutions for the food and agro-allied sector? Or are you a student (undergraduate or postgraduate) with an innovative idea that could help transform the food and agro-allied industry … Continue reading Flour Mills of Nigeria Prize for Innovation Competition 2024
Creating a Resilient Financial Strategy for SMEs in Nigeria
April 19, 2022
Small and Medium Enterprises (SMEs) in Nigeria form the backbone of the economy, contributing significantly to job creation and economic growth. However, navigating the challenges of a dynamic business environment requires SMEs to build financial resilience. In this article, we explore essential components of a resilient financial strategy tailored for SMEs operating in Nigeria. … Continue reading Creating a Resilient Financial Strategy for SMEs in Nigeria
The MTN Thryve Google Ads for Nigerian SMEs and Startups: A Review
April 19, 2022
Back in October 2023, MTN Nigeria announced that it was introducing an innovative product specifically targeted at businesses in the country: a Google Ads automation solution, which would make it easier for SMEs and startups to target new markets online. The product is the result of a partnership between MTN Nigeria and Adbot, an ad-tech … Continue reading The MTN Thryve Google Ads for Nigerian SMEs and Startups: A Review