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March 15, 2023

Foundry empowers over 500 SMEs, startups in Nigeria, others

By Upfrontdigital News 0 489 Views

FOUNDRY, an initiative of the Nest Innovation Technology Park, supporting businesses – both Start-up founders and SMEs, empowered over 500 SMEs and 40 startups, and providing grants to profitable and resourceful SMEs to scale across Nigeria, Kenya, Sierra Leone, and Ghana.

The initiative plans to extend its reach to 5000 SMEs and 200 startups across the continent within the next three years.

The Project Lead at Foundry, Light Ohwoka, said “We are committed to empowering innovative and resourceful entrepreneurs, enhancing the growth and development of their businesses, and positioning them for sustainability and growth.”

Foundry offers funding opportunities, mentorship, access to industry experts, and a network of entrepreneurs. One of its programs, The Pitch Night, provides an opportunity for investment-ready startups to pitch to investors & access direct funding. Another, the SME Bootcamp, is a two-week intensive program designed to connect small & local businesses with the right entrepreneurial knowledge, empowering them with the needed support & infrastructure to scale and position themselves for sustainable growth.

The 6th edition of the Foundry SME Bootcamp is now open to registrations until March 17th. Successful applicants will receive training from business experts, mentorship, funding to expand their businesses, tools to digitize their business processes, and exclusive access to alumni-only events and deals. Applicants are advised to visit Foundry SME 6.

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