MTN Communications Nigeria Ltd is cooperating with IFC to undertake an intervention project for Small and Medium Scale businesses in Nigeria. The project which is aimed at building capacity and process improvement of participating SMEs will involve a diagnostic evaluation to reveal the most important areas of strength and weakness in the business of SMEs. This will lead to the development of action plans towards improving the competitiveness and organizational performance of the participating SMEs. This project is being coordinated by Enterprise Development Services (EDS) of Pan-African University.

OBJECTIVES OF THE PROGRAM

• To develop the internal capacity of SMEs with the goal to:

• Assist SMEs appraise their strengths, weaknesses and support requirements

• Promote SMEs competitiveness/sustainability and ascertain their readiness for investment.

• Promote SMEs growth through investment -support services such as skills development, business plans etc.

• Develop export capacity of SMEs

• Support women-owned SMEs

• Implement processes and management controls

BENEFITS TO SELECTED SME’S

Qualified and selected SME will have the opportunity of getting the following benefits:

• Investment Support / Business Process improvement

• Export capacity building training

• Industry specific skills development

• Capacity Building for Women Entrepreneurs

TARGET MARKET(S) /REQUIREMENTS

The program is targeted at owners or managers of small and medium scale enterprises (SMEs).

Participation in this novel scheme is principally reserved for SMEs who meet the following requirements:

ELIGIBILITY

Be on MTN Post Paid segment (XtraSmart or Xtravalue packages)

Spend a combined minimum of N10, 000 per month within the organization

SMEs that fall into this category but currently on the prepaid platform will also benefit on migration to any of the post paid packages. While, SMEs who are not on MTN will be encouraged to activate from an MTN SME pack sim , or Xtravalue as a pre qualification.

Other requirements as seen as essential to ensure that the SMEs selected can optimally benefit from the scheme includes;

EXPERIENCE IN BUSINESS.

Beneficiaries of this project shall deem to have been in business operation for a minimum period of 12 months.

Must show evidence of business turnover during the period

Have a minimum annual turnover of 10 million

DISCLOSURE OF BUSINESS FINANCIALS/STRATEGY

Beneficiaries of this project must be ready to disclose relevant business financials and growth/planning strategies to the prequalification committee that will consists of representatives of International Finance Corporation, Enterprise development Services ((EDS) of the Pan-African University and MTN.

COSTING

Diagnostic Evaluation cost will be borne by MTN/IFC

Cost of training and consultancy will be subsidized by up to 80% by MTN and IFC

If you are interested and meet the above criteria, please fill the Expression of Interest (EoI) form and send.