The Development Bank of Nigeria (DBN) Entrepreneurship Training Programme 2024 for Nigerian MSMEs.

Application Deadline:  September 6, 2024

The annual DBN Entrepreneurship Training Programme (DBNETP) is the flagship programme of the Development Bank of Nigeria and is currently in its 6th Cycle. Capacity building is a core mandate of the Development Bank of Nigeria, and so far, the Bank has trained over 4000 MSMEs across Nigeria digitally and physically, leveraging partnerships and the DBN Learning Management System (LMS).

The annual DBN Entrepreneurship Training Programme aims to achieve the following objectives:

Objectives

1. Ensure MSMEs are well equipped with skills and competencies to defend sound and viable business proposals.
2. Improve the Capacity of MSMEs to access available credit.
3. Improve the capacity of MSMEs for efficient funds utilization, trade, investments and access to markets.

Requirements

• This is open to all Nigerian MSMEs across any sector, who are interested in acquiring the right knowledge needed to succeed in doing business in Nigeria.

• Eligibility Criteria
• All applicants shortlisted for the onsite training must meet the below minimum eligibility criteria:
  
  A. Owner of business must be 18 years and above
  B. Business owner must be a citizen or legal resident of Nigeria
  C. The business must be based in Nigeria
  D. The business must be for profit from any sector
  E. Applicant must be available to commit to the training schedule once accepted
  
  Selection Criteria
  
  Bankability- Level of readiness to access credit
  Feasibility and Sustainability of the business model
  Scalability- Demonstrates potential for growth of business to create jobs

Training Format

Virtual Training:
The Virtual training is a self-paced comprehensive curriculum of the basic business principles broken down into 9 modules and will be implemented using the DBN learning management platform of the BizAid App.

Onsite Training:
This is a 5-day intense practical training and the curriculum is based on a needs assessment of the shortlisted businesses. A total of 300 businesses will be shortlisted for this to be trained in Lagos, Abuja and Port Harcourt.

Pitching Session:
All businesses will be eligible to pitch their business value proposition and businesses will be selected to receive grant funding ranging from N500,000 to N1,000,000.

For More Info: DBN Entrepreneurship Training Programme