The National Bureau of Statistics (NBS) shows that only 40% of Micro Small and Medium Enterprises (MSMEs) in Nigeria are owned by women.

Women constitute a significant portion of the entrepreneurial landscape, with a burgeoning number of women-owned small and medium-sized enterprises (SMEs) making notable contributions to the country’s socio-economic development. Despite facing numerous challenges and barriers, women entrepreneurs play a pivotal role in driving innovation, creating jobs, and stimulating economic growth across various sectors. Understanding the impact of women in SMEs on the socio-economic landscape of Nigeria is crucial for recognizing the untapped potential they hold and the opportunities that arise from supporting their inclusion and empowerment.

The presence of women in SMEs has a profound impact on the socio-economic development of Nigeria, influencing key indicators such as GDP growth, employment generation, poverty alleviation, and social cohesion. Studies have shown that countries with higher levels of women’s entrepreneurship tend to experience greater economic prosperity and resilience, as women-owned businesses contribute significantly to GDP and national income.

Women entrepreneurs in SMEs are crucial drivers of job creation and employment opportunities, particularly in sectors such as agriculture, retail, and services. By starting and scaling their businesses, women not only create employment opportunities for themselves but also for others, thereby contributing to poverty reduction and socio-economic empowerment at the grassroots level. According to data from the International Labour Organization (ILO), women entrepreneurs are more likely to hire other women, thereby promoting gender equality and empowerment within communities.

Furthermore, supporting women’s participation in SMEs has broader implications for social development and gender equality in Nigeria. Women entrepreneurs often invest a significant portion of their profits back into their families and communities, supporting education, healthcare, and other social services. By empowering women economically, societies can break the cycle of poverty, improve living standards, and foster greater social inclusion and cohesion.

Given the undeniable benefits of promoting women’s inclusion in SMEs, there is a compelling case for Nigerians to support programs and initiatives aimed at empowering women entrepreneurs. By providing women with access to financial resources, business training, mentorship, and networking opportunities, stakeholders can unlock the full potential of women-owned SMEs and catalyze sustainable economic growth and development.

Supporting the inclusion of women in SMEs is not just a matter of economic necessity but also a strategic imperative for Nigeria’s long-term development and prosperity. By harnessing the entrepreneurial spirit and talent of women, Nigeria can unlock new sources of innovation, job creation, and wealth generation, driving inclusive growth and building a more resilient and equitable society for all.

Fuelling the entrepreneurial spirit in women-owned businesses. Through personalized coaching and training, we equip women entrepreneurs with the skills and resources needed to succeed in the competitive business landscape. Let us help you turn your vision into reality.

Personalize Coaching Sessions:

Participants receive one-on-one coaching sessions tailored to their specific business needs and goals. Experienced business coaches provide personalized guidance on topics such as business planning, marketing strategies, financial management, and growth strategies.

Business Training Workshops:

We offer interactive workshops covering a wide range of essential business topics. Workshops may include sessions on business model development, market research and analysis, product/service positioning, branding and marketing, sales techniques, and customer relationship management.

Access to Expert Resources:

Participants gain access to a network of industry experts, mentors, and advisors who provide specialized knowledge and guidance. Experts offer insights on areas such as legal and regulatory compliance, intellectual property protection, funding opportunities, and technology integration.

Peer Learning and Networking Events:

We facilitate networking events and peer learning sessions where participants can connect with other women entrepreneurs, share experiences, and learn from each other. Building a supportive community allows participants to exchange ideas, collaborate on projects, and expand their professional networks.

We invite women entrepreneurs who are ready to take their businesses to the next level to join us. Whether you’re launching a new venture or looking to scale an existing business, our program will provide you with the tools and support you need to succeed.