In line with its commitment to support the growth and profitability of SMEs in Nigeria, ProvidusBank, in collaboration with the Enterprise Development Centre, has announced the launch of the ProvidusBank SME Program 2023.
This aims to build the capacity of business owners in Nigeria and equip them with the necessary skills to develop long-term strategic plans, thereby transforming their businesses and driving profitability.
Program Benefits: Tools for Transformation
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 lead their teams effectively.
- 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 services and products.
- Receive one-on-one business advisory to address specific company challenges.
- Interact with like-minded entrepreneurs, enabling sharing of ideas, expectations and industry best practices.
- Establish a network of contacts for personal and business 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.
- Once accepted, the applicant must be willing to commit to the training schedule.
- The business must have been in operation for at least five 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 bottom page the “Apply Now” button.
Step 3 – Complete the Application
After successful registration:
- Log in to complete your application.
- If you wish to return to your application later, at the bottom of any stage, click the “Save And Continue” button.
- To send your application once completed, click the “Submit” button.
Please note that per business, only one application can be submitted.
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.
Please share this article with your friends.