FG Launches ₦100 Million Fund to Support 100 Small Business Owners
FG Launches ₦100 Million Fund to Support 100 Small Business Owners
The Small and Medium Enterprises Development Agency of Nigeria has unveiled plans to create 100 millionaire entrepreneurs through business training and financial grants, as it moves to address funding and capacity constraints facing small businesses in the country.
The initiative, which will feature at the GROW Nigerian Conference 2026 in Lagos, will combine practical business masterclasses with financial support and market access opportunities for selected entrepreneurs.
A statement issued by the agency on Thursday said a major attraction would be the Zero to 100 Pitch Competition, which has a N100m prize pool to support promising businesses.
The grants will be distributed at the conference and another event in northern Nigeria, with the final and prize presentations scheduled for November 10.
