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  FCMB, in collaboration with SkillPaddy, is organizing a program that will set up several small businesses for success in their domains. A key part of this program is the SkillPaddy FCMB Fund for SMEs, which will make ₦1 million available to small-scale enterprises. If you are seeking funding that will enable your business to expand, you should consider applying for this opportunity.
Read more about Opportunities
As one of the leading financial services companies in Nigeria, FCMB serves well over a million customers—many of them self-employed. Its Fund for SMEs initiative is built to enable it to “Fund SMEs for Success”, in its own words. While this fund is open to all adults who own and run a small business, its organizers are keen on hearing from female entrepreneurs.
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Benefits

The SkillPaddy FCMB Fund for SMEs offers these benefits to its participants:
  • One month of free training worth ₦250,000
  • Get your business spotlighted for free
  • Be one of 5 entrepreneurs who will receive ₦1 million in business grants each
Register to attend the CN Business Mixer

Eligibility

This program is open to persons who meet the following criteria:
  • Operate an existing and functioning business that has been operational for at least 12 months
  • Have an FCMB account with a balance of at least ₦5,000
  • As for women-owned businesses, applicants should own at least 51% of the business, 20% ownership from at least 3 women, or be solely owned
Applications will remain open until December 1, 2023. If you would like to apply for this opportunity, you can do so HERE.
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This article was first published on 21st November 2023

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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