Apply for the Development Bank of Nigeria’s funding and training programme for entrepreneurs.

About the DBN Entrepreneurship Training Programme

The Development Bank of Nigeria’s primary responsibility is to build capacity, and we are committed to doing so for Nigerian MSMEs so they may formalise, develop, and become more bankable, giving them easier access to available finance.

The DBN Learning Management System (LMS), a free learning platform with carefully chosen self-paced courses, will be implemented this year.

The platform is accessible to any MSMEs in Nigeria who are interested in learning the skills necessary to succeed in conducting business there.

The top 200 companies will also be chosen by DBN to participate in a face-to-face training in Lagos and Abuja. Firms would have the chance to talk and receive business support in certain need areas during this physical session, which would allow them to practically apply fundamental principles to their unique businesses.

All companies will have the chance to present their business value propositions, and 14 will be chosen to receive grant money.

Application Process for the face to face training.

  1. Through the application portal, all applications must be submitted online.
  2. Interested companies must sign up for the DBN BizAid application, complete a minimum of 4 required courses on the BizAid Learning management platform, and average a 70% grade in each course. The following courses must be taken:

a. Bookkeeping & Accounting,

MSMEs’ sustainability,

c. Sales and Marketing Strategies,

d. Credit management and financial access.

  1. An email with a link to register for the in-person training will be sent to all companies that have finished the four courses by September 23rd.
  2. Within 24 hours of receiving the application, the applicant will receive an email confirming receipt.
  3. After the deadline has passed, candidates will be screened and shortlisted of the application based on the eligibility criteria
  4. From the pool of applications that have been shortlisted, candidates will be chosen based on the established selection criteria.
  5. Calling the phone number listed on the application form or sending an email to the provided address is how successful applicants will be contacted.
  6. Selected applicants will begin on-site training from October 17 through October 21 in Lagos and Abuja.

Eligibility Requirements

The business’s owner must be at least 18 years old.

• The proprietor of the business must be a Nigerian national or legal resident.

• The company must be headquartered in Nigeria.

• The company must operate for profit in any industry.

• Once accepted, the applicant must be willing to commit to the training programme.

Select process

• Bankability- Level of readiness to access credit

• Feasibility and Sustainability of the business model

• Scalability- Demonstrates potential for growth of business to create jobs

Watch this short video.

Apply Here: https://bizaid.devbankng.com/

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