The Development Bank of Nigeria and the Grand Africa Initiative have announced the second edition of their collaboration to train 200 young Nigerian Women in an entrepreneurship course titled “GAIN Entrepreneurship Masterclass for Women (Nigeria)”, starting in July 2022, a statement by the DBN and GAIN said on Saturday.

According to the statement, “The course is designed to equip selected young women entrepreneurs from across the country with entrepreneurial knowledge and skills to build and scale their businesses to create wealth and jobs. The training will cover areas critical to the success of MSMEs including ideation, legal, branding, marketing, communication, accounting, modelling, taxation, team building, and structure.”

Describing the significance of the Women Entrepreneurship Masterclass, the Managing Director, DBN, Dr. Tony Okpanachi said “We are excited about this initiative which speaks to our mandate of providing sustainable funding, building capacity of the Nigerian MSMEs and also providing credit guarantee. The GAIN initiative has become imperative to reach as many women as possible by leveraging technology and promoting gender equality. At the end of this exercise, we hope to see more empowered women creating opportunities towards achieving sustainable social economic development”

On his part, the Programs and Partnership Lead at GAIN, Jerry Momoh, stated that “we are delighted to have the support of DBN as we continue to empower women to build sustainable businesses. This training prepares the women to develop themselves, empowers them to develop their businesses, and equips them with the knowledge to create wealth and jobs by building thriving businesses. We strongly believe that entrepreneurship is a powerful tool for economic empowerment and gender inclusion. At GAIN, we are committed to supporting women and young people, in general, to unleash their potential and contribute significantly to the economic development of Nigeria.”

Accothe program is targeted at selected women from across Nigeria and who will benefit from a faculty of experts in various aspects of business. Eligible for the program are women who have a business or a business idea, are between 22 to 45 years of age, have a demonstrable interest in business, access to the internet, internet-enabled device, and electricity to participate in the program.

GAIN Entrepreneurship Masterclass for Women (Nigeria)’ is scheduled to open a call for applications on July 4, 2023. The six-week program will include training and mentorship sessions which will be held virtually.

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