Impact SME Development Program 2022
For Entrepreneurs Across Nigeria with Sustainable and Innovative Solutions
Oxfam believes SMEs have the potential to contribute to sustainable growth through increased employment, higher income and relevant products and services for people living in poverty, particularly small holder farmers, youth and women.
To help SMEs live up to their potential, we know they need more than capital alone. Hence, Oxfam provides tailor made business development services to support SMEs in Nigeria, Somalia, Uganda and Vietnam. We select businesses based on an assessment of their plans and financial potential and on the social impact that they expect to deliver for their community. To ensure businesses deliver on the latter, social impact is monitored consistently from the start and measured over a period of time.
We expect entrepreneurs to contribute to the costs of the business development support to some extent.
Please click on this link to fill the pre-program survey.
Sectors of interest & Eligibility:
- Sectors of focus: Agriculture (the entire value chain), Manufacturing, Producers of Women’s consumer product, ICT, Renewable Energy, Recycling.
- Entrepreneurs between ages: 25 – 40 Years.
- Annual turnover: N40 million & above.
- No of employees: 10 – 250.
- Years of existence: At least 2 years
- Counterpart/commitment fee if selected: N75,000.
Applying to the program
- Step 1 – Register.
- Create your profile and register through the online portal.
- Step 2 – Complete Application.
- Once you have successfully registered, log in and click the “Start Application” button on the Start Application Tab on this page. To return to your application, click the “save and continue” button and come back to it at any time. Once you are done with your application, click on the “Submit” button at the end of the form to send it to us.
- Step 3 – Keep Informed.
- After the closing date you will be notified if you have been shortlisted for the next stage of the competition. Constantly check the Oxfam Program homepage for regular updates.
Source: https://vc4a.com/enterprise-development-centre/impact-sme-2022/