Enterprise Development Centre
Small and Medium Scale
enterprises lack capacity to consistently grow their businesses. Training
has been found to be an effective way of filling this gap. However; it is becoming increasingly clear that beyond training, SMEs
lack access to quality support services that are equally necessary for growth. In addition, financial institutions are not funding SMEs enough for sustainable growth, primarily because of the risks associated with the recovery of such funds. Enterprise Development Centre (EDC
) of the Pan-African University
, focuses on the business development and provision of support services to SMEs in Nigeria
. Established in 2003
, EDC constantly builds its network of partners and collaborators that share similar passion for the development and growth of SMEs.
The objective of EDC is to provide support services to SMEs at reasonable costs, through the combined effort of its partners, who share a common passion for entrepreneurial success.
The initiative is a private sector, stakeholder driven, and will ensure the meeting of all stakeholders' requirements in the development and growth of SMEs.
Services to be rendered
"EDC" whose activities are coordinated by the Director
assisted by the Centre Manager and supported by other team members, offers the following services to entrepreneurs and SME
EDC organizes various training programs to build the capacity of entrepreneurs and other organizations in the SME sector. These include:
in Entrepreneurial Management
: This is a 12 robust modular program aimed at developing existing and potential SME owners by providing managerial and entrepreneurial skills through the hands-on case study approach.
Advisory Services (Expert-In- Residence)
A pool of experts (mostly volunteers) in various fields are invited for business session to proffer advice to interested small business owners on the EDC network and provide answer to specific enquiries. This sessions are routed through EDC. The SMEs have the privilege of enjoying follow-up services from the consultants and EDC staff. Communication
is largely by e-mail and telephone though periodic visits are conducted for proper feedback. In addition, quarterly newsletters (Enterprise digest) are published and sent to members for updates and events.
advising members and alumni, specific professional tasks are be provided. These services will cover Legal
, HR, Accounting, Sales
& Marketing issues etc. Our professional partners, whose charges are competitive, provide these services that can help members comply with regulations and meet financial institution's requirement for funding.
A monthly get together of members and SME owners to discuss "KEY
ISSUES FACING SMEs". An expert (or a Panel of experts) in various SME related fields would lead the sessions. The social get together thereafter will provide an opportunity for Networking and continuous learning over dinner. Members can bring business colleagues/associates (to be charged at a different rate).
Members and SMEs alike have access to consulting at two levels. On the first level, some of the MBA
students at the Lagos Business School
arm of the Pan-African University, who will be working on projects and term papers on entrepreneurship issues, will analyze real-life issues taken from members' companies and will also participate in the Experts-In Residence session to learn more about the SME sector. Real value
will thereby be provided for members. On the second level, members and alumni can have access to a consortium of consultants consisting of professionals from various fields and faculty members of the Pan-African University.
Members will have access to EDC library and research findings, policy interpretations, SME Toolkit
web portal etc. In addition, EDC members enjoys up to 20% discounts on ALL EDC programs and activities.
EDC already has the support of organizations such as Goldman Sachs10000 Women Initiative
, International Finance Corporation
, a World
Bank- (SME Dept), Coca
cola Africa Foundation
, HP Nigeria and United Nations Industrial Development Organization
Enterprise Development Centre
Victoria Island, Lagos
Tel: +234 1 898 6060 // +234 819 911
Mob: +234 702 936
6596 // +234 702 936 6595 // +234 702 936 6593
Fax: +234 1 461 6173
- published: 09 Jul 2011
- views: 1747