Development Bank of Nigeria Entrepreneurship Program 2024 | 2024 DBN Entrepreneurship Training Program Application Portal

development Bank of Nigeria Entrepreneurship Program

Development Bank of Nigeria Entrepreneurship Program 2024 | 2024 DBN Entrepreneurship Training Program Application Portal

DBN Entrepreneurship Training – In addition to providing funding and risk-sharing facilities to MSMEs and Small Corporates through participating financial institutions, the Development Bank of Nigeria is expected to build the capacity of the Nigerian MSMEs to enable them to access credits which is why the DBN is organizing the Development Bank of Nigeria Entrepreneurship Program so it can empower the MSMEs with requisite knowledge and skills to scale their business.

Read also: NINJA Startup Gateway Application 2021

What is the DBN Entrepreneurship Training Program Application?

The Development Bank of Nigeria’s (DBN) entrepreneurship training program is a program targeted at equipping Nigerian entrepreneurs with the requisite business knowledge and skills that will help their businesses thrive in the new normal, while also helping them sustain a competitive advantage within their relative industries.

The program comprises two(2) stages which will be implemented throughout 3 months in collaboration with Google Nigeria, Enterprise Development Centre (EDC), and Wider Perspective Limited (WPL). 

Read also: West African Digital Agriculture Innovations Grants Application 2021/ 2022

How it Works 

First, applicants are meant to submit their applications online via the given application link. After the application process, 1000 successful candidates will be selected to participate in a  self-paced fundamental Digital Marketing course for 1 month starting from August – September ).

At the end of the first phase, The first 250 MSMEs to complete the self-paced fundamental course will be invited to join the live instructor-led webinar sessions with Google Nigeria, after which the best 200 MSMEs who attend the live webinar session will be invited to the face-to-face training in Lagos and Abuja.

After the face-to-face interview, a curriculum will be tailored to the needs of the selected 200 MSMEs upon the completion of a needs-based analysis.

At the end of the process, Shortlisted MSMEs will be eligible to attend the pitching session of the training to access some funding available.

All successful MSMEs who attend the face-to-face training will receive a certificate of completion. 

Read also: NEDIS COVID-19 Special Fund Grant

Eligibility Criteria for the Development Bank of Nigeria Entrepreneurship Program

  • The owner of the Business must be 18 years and above.
  • Business Owner must be a citizen or legal resident of Nigeria.
  • The Business must be based and registered with the CAC in Nigeria. The Business must be for-profit from any sector.
  • Applicants must be available to commit to the training schedule once accepted.

Criteria for Shortlisting 

  • Bankability- Level of readiness to access credit.
  • Feasibility and Sustainability of the business model
  • Scalability – Demonstrates potential for growth of a business to create jobs

Read also: Global Fund for Women Grant Application 2021/2022 

How to Apply for the Development Bank of Nigeria Entrepreneurship Program 2024

Interested and eligible candidates should complete their application form online via the DBN application portal at https://reg.smetoolkit.ng/program-apply/dbn-entrepreneurship-training-programme-3

Application Deadline

The deadline to apply stated on the portal. Below is the program timetable. 

News and Information

S/N

Activity

Date

 1

Application Opens

July 5th

 2

Application Closes

August 1st

 3

Notification of 1000 Successful Applicants

August 16th – August 20th

 4

Digital Training Opens

August 23rd

 5

Digital Training Ends

September 17th

 6

Final Selection of 200 Businesses

September 30th

 7

Face to Face Training Commences

October 11th

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About Charbens Benedict

Thank you for following my blog; I am Charles Benedict Anosike, I hold an ND in Computer Engineering and HND in Telecommunication Engineering. Updatefly is a blog dedicated to sharing all forms of educational and interesting topics and its purpose is to make sure you get the best and nothing less.

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