Development Bank of Nigeria Entrepreneurship Training Programme for Nigerians

DBN Entrepreneurship Training Programme: Call For Applications. The development bank of Nigeria is calling for applications for its’ entrepreneurship program. Are you an entrepreneur? Are you interested in joining this program?

DBN Entrepreneurship Training Programme is committed to building the Capacity of the Nigerian MSMEs to enable them formalize, grow and become more bankable to get easy access to available credit

About Development Bank of Nigeria

The Development Bank of Nigeria is a development finance institution focused on alleviating financing constraints faced by Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria through providing financing, partial credit guarantees and technical assistance.

The Bank was started by the Federal Government of Nigeria to provide loans to Micro, Small and Medium Scale Enterprises in Nigeria. The bank does not disburse the loan to the borrower in cash but through participating intermediary banks in Nigeria.

Target sub-sectors include Agro-processing, Solid Minerals, Information Technology and Creative Industry. DBN’s loan support to the SME starts from N5 million. The DBN accepts collateral other than landed property. DBN loan is specifically targeted at small businesses to ensure that such businesses have increased access to financing. In addition, DBN loans have a longer tenure than other commercial loans, which are usually short-term.

Start or grow your own business with the help of a government-backed Start Up Loan. A great alternative for individuals looking for business loans to fund their start up. The DBN has dedicated time, energy and money to helping small businesses thrive

DBN Entrepreneurship Training Programme

•   Type Entrepreneurs
•   OrganisationDevelopment Bank of Nigeria
•   Country to study Nigeria
•   School to study –
•   Course to study Not specified
•   State of Origin
•   Gender Men and Women
•   Application Deadline Not Specified

Requirements for DBN Entrepreneurship Training Programme Qualification

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

Interview date, Process and Venue for DBN Entrepreneurship Training Programme

Selection Criteria

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

Application Deadline

Not Specified

How to Apply

Interested and qualified? Go to Development Bank of Nigeria on bizaid.devbankng.com to apply

All applications must be submitted online through the application portal.

Interested businesses must register on the DBN BizAid application and must complete a minimum of 4 mandatory courses on the BizAid Learning management platform and obtain an average score of 70%. The courses that must be completed are:

•   Accounting & Bookkeeping,
•   Sustainability for MSMEs,
•   Marketing and Sales Techniques,
•   Credit Management/Access to Finance.

All businesses who have completed the 4 courses by September 23rd will receive an email with a link to apply for the face-to-face training.

Upon submission of the application form, an email confirming receipt will be sent to the applicant within a 24-hour period.

Applicants will be screened and shortlisted from the close of the application based on the eligibility criteria.

Selection will be carried out using the defined selection criteria from the pool of shortlisted applications.

Communication with successful applicants shall be by email to the email address provided and a phone call to the phone number provided on the application form.

On site Training for selected applicants will commence on October 17th to October 21st 2022 in Lagos and Abuja.

For questions or feedback on the application process or learning platform, kindly contact: learningadmin@devbankng.com

For more details, click here