In line with its commitment to support the growth and profitability of small and medium-sized enterprises (SMEs) in Nigeria, ProvidusBank, in collaboration with the Enterprise Development Centre, has announced the launch of the ProvidusBank SME Program 2023. This initiative is aimed at building the capacity of business owners in Nigeria and equipping them with the necessary skills for the development of long-term strategic plans, thereby transforming their businesses and driving profitability.
The ProvidusBank SME Program 2023 is meticulously designed to offer numerous benefits to participating SMEs, including the following:
- Develop a comprehensive growth plan for your business.
- Enhance the leadership capacity of the participants to effectively lead their teams.
- Define the unique value proposition of your business.
- Implement structures that ensure the long-term sustainability of your business.
- Develop a ‘go-to-market’ strategy for your products and services.
- Receive one-on-one business advisory to address specific company challenges.
- Interact with like-minded entrepreneurs, enabling sharing of ideas and industry best practices.
- Establish a network of contacts for business and personal development.
How to Apply: Step-by-Step Guide
Ready to elevate your business to the next level? Here’s how to apply for the ProvidusBank SME Program 2023:
Step 1 – Determine Eligibility
To be eligible for the program, the following criteria must be met:
- Business Owners must be citizens or legal residents of Nigeria.
- The business must be based and registered with the Corporate Affairs Commission (CAC) in Nigeria.
- The business must be a for-profit entity from any sector.
- Applicant must be available to commit to the training schedule once accepted.
- Business must have been in operation for at least 5 years.
- The business should have sales/turnover of at least 25 – 50 million naira.
- The business must maintain proper financial records.
Step 2 – Register
Begin your application by clicking on the “Apply Now” button at the bottom of the page.
Step 3 – Complete Application
After successful registration, log in to complete your application. If you wish to return to your application later, click the “Save And Continue” button at the bottom of any stage. Once your application is completed, click on the “Submit” button to send it. Please note that only one application can be submitted per business.
Step 4 – Keep Informed
Stay updated by constantly checking the ‘News and Update’ tab on the ProvidusBank SME Program page for regular updates.
The deadline for applications is June 30, 2023.
The ProvidusBank SME Program 2023 promises to be an intensive learning journey, designed to empower entrepreneurs to steer their businesses towards sustainable growth and profitability. We urge all eligible businesses to apply and avail this golden opportunity to transform their businesses.
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