Providus Bank, in collaboration with the Enterprise Development Centre, proudly presents the Providus Bank SME Program 2025. This entrepreneurship program is tailored to support and equip young Nigerian entrepreneurs with the essential skills, knowledge, and strategies needed to scale their businesses. The program is designed to foster business growth through comprehensive strategic planning, leadership development, and fostering long-term business sustainability.
The SME Program is an opportunity for business owners to refine their leadership abilities, create strategic plans, and implement structures that will enable their businesses to thrive in the competitive Nigerian market.
Program Benefits
The Providus Bank SME Program offers a host of benefits to help business owners in Nigeria improve their business capacity and achieve sustainable growth. The program offers:
- Growth Planning: Learn how to develop a growth plan for your business that will guide you through scaling operations, optimizing resources, and expanding into new markets.
- Leadership Development: Gain leadership development skills that will empower you to lead your team effectively, make informed decisions, and drive your business forward.
- Value Proposition Clarity: Establish a strong value proposition for your business, ensuring you clearly communicate what sets your offerings apart from competitors.
- Business Sustainability: Build structures and processes that will ensure the sustainability of your business in both the short and long term.
- Go-to-Market Strategy: Formulate a solid go-to-market strategy that maximizes the impact of your product or service launches, driving customer acquisition and market penetration.
- Networking Opportunities: Connect with like-minded Nigerian entrepreneurs and share best practices, industry insights, and innovative solutions to business challenges.
- Personal and Professional Development: Develop a network of valuable contacts, both in business and in personal development, that can open doors for future opportunities and collaborations.
The Providus Bank SME Program equips you with the tools to drive business growth, enhance your leadership abilities, and build a business that can stand the test of time.
Name of Organizers: Providus Bank
Eligibility and Requirements
To qualify for the Providus Bank SME Program, applicants must meet the following criteria:
- Business Ownership: You must be a Nigerian citizen or legal resident and the owner of a registered business with the CAC (Corporate Affairs Commission) in Nigeria.
- Business Type: Your business must be for-profit and operated in any sector. The business should have been in operation for at least five years.
- Financial Criteria: Your business must have an annual turnover of at least ₦180 million, with a monthly average sales of at least ₦15 million.
- Commitment to the Program: Applicants must demonstrate the ability to commit to the training schedule and engage actively in the entrepreneurship program.
- Record Keeping: Your business must maintain clear financial records, which are essential for the program’s success.
How to Apply
Interested applicants should submit their application by the deadline. The application will require:
- Basic business and financial information
- Documentation confirming your business registration with the CAC
- A statement of intent explaining why you want to participate in the program and how it will help grow your business.
Deadline: 10th February 2025
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