Promoting Entrepreneurship Skills

In line with SEDIN’s responsibility for employment creation and capacity building is the introduction of the basic entrepreneurship training for secondary school students in the 3 partner States and the establishment of extra curricula Students Entrepreneurship Activity Hubs which are referred to as (SEA-Hubs) in secondary schools.

To complement the direct face-to-face training and coaching approach for both the SME Loop and the Start-up Loops, the SEDIN programme has developed an interactive learning platform (SMEsabi) using the materials from the Loops. The learning platform provides five modules relevant to both the SME Loop for existing businesses and the Start-up Loop.
SME Loop

Objective

The SME Business Training and Coaching Loop (SME Loop) is designed to offer MSMEs a higher level of understanding about running a business in order to stabilise existing ventures, generate more income or profit and expand businesses and employment. The SME Loop provides a combination of assets, business training and coaching, that produce rapid visible results for the benefit of the entrepreneur, its employees and the society in which the enterprise is acting in.

The SME Loop consists of 7 phases over a six-month time span for its implementation. The process includes:
  • Phase I: Coaching 1 and final selection (familiarization visits and 2 group coaching sessions)
  • Phase II: First training on basic entrepreneurship skills
  • Phase III: Coaching 2 (2 group, 4 individual coaching sessions)
  • Phase IV: Second training on advanced entrepreneurship skills
  • Phase V: Coaching 3 (2 group, 4 individual coaching sessions)
  • Phase VI: Graduation Ceremony  
  • Phase VII: Follow-up and Evaluation after 12 months

Partners

1 Nigerian SME Loop master trainer
43 trainers/coaches trained to deliver SME Loop to Nigerian SMEs across the 3 partner states

Initiatives

  • Successful implementation of the 1st SME Loop in 2018: 249 enterprises (29% headed by women) graduated in 2018 for successful completion of the 1st SME Loop.
  • Increase in disposable income of 86% achieved for the participants of the 1st SME Loop
  • Review of the 1st SME Loop and application of lessons learned built-in to the 2nd SME Loop
  • 2nd SME Loop currently on-going supporting 323 enterprises
  • Adaptation of the SME Loop model to the special needs of start-up businesses
Start-up Loop
SEA-Hub

Contact us:

GIZ – Pro-Poor Growth and Promotion of Employment in Nigeria – SEDIN

Contact Address:

22, Haile Selassie Street,

Asokoro, Abuja

Nigeria

Phone: +234 (0) 8135157249

sedin@giz.de