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DBN to offer free entrepreneurship training to MSMEs

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The Development Bank of Nigeria (DBN) is set to offer free entrepreneurship training to Micro, Small, and Medium Businesses (MSMEs) operators in the country as part of its efforts to fulfil its core mandate of developing small business capacity in order for them to formalise and scale up.

The bank stated that the free entrepreneurship training will be provided to thousands of MSME operators and would address the difficulties some of them have in obtaining capital for their companies.

The DBN Learning Management System (LMS), a free learning portal with carefully curated self-paced courses, is open to all Nigerian MSMEs who are interested in obtaining the skills required to succeed in business, according to the bank.

While speaking on the free DBN learning programme for MSMEs, DBN managing director, Anthony Okpanachi said: “as part of our plans to strengthen our catalytic role in the Nigerian economy, we are expanding our reach to MSMEs and inviting interested Micro, Small and Medium Scale Enterprises(MSMEs) to take advantage of our free Entrepreneurship Training Programme to upscale their skills.”

“Consequently, DBN is investing a lot of resources in driving skill acquisition across the different aspects of managing and sustaining a successful business across sectors.

“I am confident that, MSMEs who take advantage of this opportunity will gain critical business skills that will pave the way for higher earnings, capacity, increased innovation, self-reliance, and most importantly, improve their ability to access funding for their businesses,” he added.

200 businesses would be selected by the end of the online training session on September 23 for a physical session that would take place from October 17 to 21, 2022, in Lagos and Abuja.

Mr Okpanachi noted that the trainig will provide an opportunity for businesses to practically learn and apply important principles from online training to their various businesses. They will also have the opportunity to network and cross-sell their ideas with colleagues.

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