Small and Medium Enterprises (SMEs) involved in the agricultural value-chain across Ogun State will now have opportunities to access more grants and free trainings, through the Nourishing Africa Entrepreneurial Support Programme.
Managing Partner, Sahel Consulting Firm, who also consults for the Support Programme, Mrs. Ndidi Nwuneli made this known while speaking as a Panelist during a virtual session on the topic: “Is your Agribusiness Investor-ready?”.
Nwuneli, an advocate of agripreneurship said through the Entrepreneurial Support Programme, various Agripreneurs who applied would be trained and those who meet requirements would have access to the grants.
“Nourishing Africa has launched an Entrepreneurial Support Programme and Ogun State is one of our priority States. Those who apply for the programme will have access to free training and grants will be given to selected group of entrepreneurs who meet the target,” she said.
Speaking further, Nwuneli said SMEs need to have a compelling idea, exhibit integrity, show evidence of financial discipline through audited financial statement to attract investors from the pool of available funding opportunities.
In her contribution, the State Commissioner for Industry, Trade and Investment, Mrs. Kikelomo Longe, said the Prince Dapo Abiodun-led administration has been providing funding support for Small and Medium Enterprises (SMEs), through the OGSG-BOI Matching Fund and the Ogun State Agricultural and Multipurpose Credit Agency (OSAMCA).
She added that the government has been helping small businesses through capacity building programmes, which enable them access different types of fund, calling on entrepreneurs to formalise their businesses, so as to make them investor-ready.
“There are different funding opportunities, but entrepreneurs must take steps and do what is required to be eligible for these funds. They must formalise their business, keep proper records, audit their accounts, obtain all necessary regulatory approvals and engage professional support among others”, the Commissioner said.