Applications are Now Open for the 2025 SMEDAN-Wema Bank Capacity Building Program to Empower Youths and MSMEs. Read details below..
GoldenNewsNg reports that the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Wema Bank, has officially announced the opening of applications for its 2025 Capacity Building Program. The initiative targets the empowerment of 800,000 Micro, Small, and Medium Enterprises (MSMEs) across Nigeria, with a focus on youth-led businesses.
The program is designed to equip entrepreneurs with essential business tools, digital skills, and access to market and finance opportunities. According to SMEDAN, the fully virtual training aims to eliminate geographic barriers, allowing MSMEs from all parts of the country to participate.
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“This program is about building resilient and scalable businesses by arming young Nigerians with digital tools, strategic insights, and financial pathways to grow,” said a statement released by SMEDAN on Wednesday.
The initiative features structured modules in key areas such as Digital Marketing, Business Strategy Development, and the use of Artificial Intelligence (AI) for business growth. Participants will also benefit from mentorship provided by experienced entrepreneurs and industry professionals from Nigeria and beyond.
Eligibility and Application
To be eligible, applicants must own an existing business and be registered with SMEDAN. The program welcomes entrepreneurs from all sectors, including agriculture, fashion, e-commerce, manufacturing, and tech.
Interested applicants can visit https://wema-smedan-pilot.azurewebsites.net/ to submit their applications. The deadline has not yet been specified, but organizers encourage early registration due to limited slots.
What Participants Stand to Gain
The SMEDAN-Wema Bank Capacity Building Program promises a comprehensive package that includes:
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Virtual training workshops tailored to modern business challenges
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One-on-one mentorship with business leaders
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Support in accessing broader markets
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Financial readiness sessions to position MSMEs for funding and investment
Program Curriculum
Key highlights of the curriculum include:
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Business Strategy Development – Planning for sustainability and competitive advantage
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Digital Marketing – Leveraging social media and digital platforms to drive sales
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AI for Business Growth – Automating tasks, improving data-driven decisions, and scaling operations
Organizers describe the initiative as a strategic step toward reducing unemployment, boosting innovation, and fostering inclusive economic growth in Nigeria.
“This program reflects our joint commitment to empowering Nigerian youth and MSMEs with practical skills and support that can translate into real economic impact,” said Wema Bank representatives during the launch announcement.
