Business support agencies in Nigeria & How to access the agencies – These are agencies, both government and non-governmental agencies that provide information, advisory, consultative, promotional and representative services to businesses and governments.
By Cessummit Business Support Programs & Services, we present Modern Entrepreneurship Empowerment programs and services, Empowering Entrepreneurs for Economic Growth and Development in Nigeria, So, Empowering Entrepreneurs with Modern Entrepreneurship Empowerment Strategies is our goal. These are our programs on How to Overcome Business Start-up Challenges in Nigeria. We advise you to read on for Business support agencies in Nigeria & How to access the agencies.
Our Focus & Your Takeaways:
In this article are; what are support agencies and government agencies that help small businesses entrepreneurship support agencies. Then are the organizations that support small businesses and functions of various support agencies for small and medium scale industrial development in Nigeria.
Further focus of this post will address the following:
- What are business support agencies in Nigeria?
- What six government supporting agencies do we have in Nigeria?
- Which of these government agencies support entrepreneurs?
- What are examples of business support services in Nigeria?
Business support agencies in Nigeria: How to access the agencies
Related topics are always good elements of our articles. This is because they will help you understand the issue in discussion. Therefore, you are advised to visit the following.
- Business support services for scaling up business
- How and where can i get funding for my business in Nigeria
- How do i start my own office support business
- What is the roles of business support services?
- Examples of business support services
Examples of Business Support Service Agencies in Nigeria:
To start with, detailed below are the examples of business support agencies in Nigeria. Narrated also are their services. We try our best to present them in their group as government and non-governmental agencies.
These private sector organizations are for the purpose of providing support and regulating businesses/industry. In fact, Many of the are industry organizations. These include, Entrepreneurship Support Agencies (ESA) and Development of Small and Medium Enterprises (SMEs) in Nigeria. So, let see the following
Manufacturers Association of Nigeria (MAN)
Manufacturing Association of Nigeria, was set up in 1971. As a national industrial association, its purpose is to encourage patronage of Nigerian made products by foreigners and Nigerians, . It’s also encourages high-quality products through the gathering and provision of advice. Then, it provides a means for manufacturers to create and influence general policy regarding industrial matters.
Nigerian Association of Chambers Of Commerce, Industry, Mines, and Agriculture (NACCIMA)
This is a voluntary association of manufacturers, financiers, mines, farmers, merchants, trade groups, industrialists. These come together to network for the main goal of promoting, improving, and protecting the business environment for macro and micro benefits.
National Association of Small and Medium Enterprises (NASME)
NASME is an organization set up for the private sector. Membership is drawn from small and medium scale enterprises. It’s aims and objective is geared towards capacity building, networking and policy advocacy. In fact, it’s activities leads to promotion of the performance of its member operators and firms.
In fact, NAMSE analyses and publishes researches on the business environment and policymaking. It also does that on competitive enlightenment. As a matter of fact, these are useful to Nigerian entrepreneurs.
Then, are these humanitarian groups who aid entrepreneurs raise fund for business. These include;
- Tony Elumelu Foundation Entrepreneurship Programme (TEEP)
- Seedstars Africa \
- Acumen Fund
- Africa Enterprise Challenge Fund AECF
- African Development Foundation
- African Women’s Development Foundation
These are private sector agencies rendering one form of business support services or the other for businesses in Nigeria. One thing about these private sector agencies is that they are also pressure group for economics of their members. On the other hand, government has its own agencies too. Some of them are listed and discussed bellow.
Business support agencies in Nigeria: How to access the agencies
As explained above, these are government agencies that give business development and support services to entrepreneurs and enterprises in Nigeria. There are federal and state agencies alike. Just read on.
Nigerian Export Promotion Council (NEPC):
Nigerian Export Promotion Council was set up in 1976. The objective was to reduce the bureaucratic challenges and increase autonomy in dealing with members of the organized private sector. As a matter of fact, Its mission and goal are to ensure the non-oil export sector becomes a significant contributor to Nigeria’s GDP. Therefore, it has the task of facilizing opportunities for exporters to promote sustainable economic development.
Raw Materials Research and Development Council (RMRDC)
Raw Materials Research and Development Council is another government agency for this regard. So, it’s vested with the responsibility to promote the development and utilization of Nigeria’s raw materials. In fact, it has become Nigeria’s focal point for developing and utilizing its vast industrial raw materials. By this it also it promotes local content policy of the federal government. So, it encourages industries to substitute local raw materials for imported ones.
National Poverty Eradication Programme (NAPEP)
NAPEP was established in 2001. The aim is to ensure reduction in poverty rate in Nigeria. Therefore, it coordinates and manages other institutions which include ministries. This it does by developing guidelines and plans for them to follow with regards to the reduction of poverty.
As a matter of fact, its approaches varies too. These approaches include training youths in vocational trades, supporting microcredit, internship, and create employment in the automobile industry.
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)
SMEDAN is a major government agency to coordinate all of these activities. As a matter of fact, it was set up to promote micro, small, and medium enterprises development in Nigeria. Therefore, It aims at facilitating the access of micro, small and medium entrepreneurs to all resources needed for their development. Another purpose is for creating an efficient and structured micro, small and medium enterprises sector to enhance sustainable development in Nigeria.
Further functions of SMEDAN include Monitoring, Simulating, and Coordinating the development of the MSMEs sector. And, initiating and articulating policy ideas for MSMEs development and growth. It also into promotion and facilitating development programs, support services, and instruments to accelerate the modernization and development of MSME operation. Therefore, it serves as the vanguard for rural industrialization, job creation, and overt reduction.
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Summing Up Business support agencies in Nigeria: How to access the agencies
Summing up on Business support agencies in Nigeria & how to access them, we have highlighted several elements of this subject matter. One of those was grouping the agencies into government and non-governmental agencies. We went forward narrating their aims and objectives. We also provided links for further reading and information.
In fact, Cesummit.com lets you have business information at your fingertips. That’s why we ensure that our Business Support services are Modern Entrepreneurship Empowerment strategies. In fact, they are Empowering Entrepreneurs for Economic Growth and Development in Nigeria.
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