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SMALL AND MEDIUM ENTERPRISES; KEY DRIVER FOR GROWTH AND DEVELOPMENT

  • Published in Blog

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The Nigerian-American Chamber of Commerce in collaboration with Fosad Consulting, LLC., organized a strategic training on Managing Small and Medium Enterprises: The Essentials for Success.


The Training which held at Palm View Manor, Victoria Island. Lagos on Thursday, 16th, November, 2017 was borne out of the increasing significance and visible impact of Entrepreneurship in wealth-creation and employment-generation.

It is well known that Micro, Small and Medium Enterprises are key drivers of socio-economic transformation in both developed and developing counties, at the same time are exposed to incapacities/challenges that constrain their operations and growth.

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To harness this potential and mitigate challenges, the training which was largely attended by startups, small and medium enterprises across sectors of the economy focused on Financial Management; Understanding the Legal and fiscal environment; Accessing Incentives and Grants; Branding; Building Collaborations and Partnerships; Creating and Sustaining Business Structure Systems and Attracting and Retaining Talents.

The Nigerian-American Chamber of Commerce will continue to advocate and lend her support to the Small and Medium Enterprises further enhancing the prospects of SMEs in Nigeria said the Director-General. She further challenged stakeholders in the country to put more effort in realizing the potential growth and development achievable with SME’s.

Written By Ugochukwu Ebuka

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