DBN Entrepreneurship Training Programme (DBNETP) 2024

Suitably qualified Nigerian MSMEs across any sector who are interested in acquiring the right knowledge needed to succeed in doing business in the country are invited by the Development Bank of Nigeria (DNB) to apply for the DBN Entrepreneurship Training Programme (DBNETP) 2024.

The DBN Entrepreneurship Training Programme (DBNETP) is held every year as the flagship program of the Development Bank of Nigeria and is currently in its 5th Cycle. Because capacity building is a core mandate of the Development Bank of Nigeria, the Bank has trained over 2000 MSMEs across Nigeria digitally and physically, leveraging partnerships and the DBN Learning Management System (LMS).

The program aims to achieve the following:

Ensure MSMEs are well equipped with skills and competencies to defend sound and viable business proposals.
Improve the Capacity of MSMEs to access available credit.
Improve the capacity of MSMEs for efficient funds utilization, trade, investments, and access to markets.

Program Summary:

Program Sponsor(s): Development Bank of Nigeria (DNB), Nigeria

Program Location(s): Abuja, Lagos & Port Harcourt in Nigeria

Program Duration: 3 months approximately

Number of Slots: Several

Basic Qualifications: Nigerian Youths in MSMEs across any sector

Nationality: Nigerians

Eligibility for the DBN Entrepreneurship Training Programme (DBNETP) 2024:

Applicants must be owners of a business and must be 18 years and above.
Applicants must be a citizen or legal resident of Nigeria.
The business must be based in Nigeria.
The business must be for-profit from any sector.
Applicant must be available to commit to the training schedule once accepted.

Selection Criteria:

Bankability- Level of readiness to access credit.
Feasibility and Sustainability of the business model.
Scalability- Demonstrates potential for growth of business to create jobs.

Training Format:

Virtual Training: The Virtual training is a self-paced comprehensive curriculum of the basic business principles broken down into 9 modules and will be implemented using the DBN learning management platform of the BizAid App.
Onsite Training: This is a 5-day intense practical training and the curriculum is based on a needs assessment of the shortlisted businesses. A total of 350 businesses will be shortlisted for this to be trained in Lagos, Abuja, and Port Harcourt.
Pitching Session: All businesses will be eligible to pitch their business value proposition and 25 businesses will be selected to receive grant funding of N500,000 each.

Programme of Activities:

Registration and Online training on the DBN Biz Aid 06-May
The application process for face-to-face training 10-July 17-July
Selection and announcement of selected candidates 24-July 25-July
Face-to-face training in Abuja 31-July 04-August
Face-to-face training in Lagos 14-August 18-August
Face-to-face training in Port Harcourt 25-August 01-Sept.

Method of Application for the DBN Entrepreneurship Training Programme (DBNETP) 2024:

Interested applicants for the DBN Entrepreneurship Training Programme (DBNETP) 2024 are required to follow the steps below:

All applicants must register on the DBN BizAid application.
All applicants must complete a minimum of 4 mandatory courses on the BizAid Learning management platform and obtain an average score of 70% on all quizzes. The courses that must be completed are Accounting & Bookkeeping, Sustainability for MSMEs, Marketing and Sales Techniques, and Credit Management/Access to Finance.
All businesses that have completed the 4 courses by the stipulated deadline will receive an email with a link to apply for the face-to-face training.
Upon submission of the application form, an email confirming receipt will be sent to the applicant within 24 hours.
Applicants will be screened and shortlisted from the close of the application based on the eligibility criteria.
Selection will be carried out using the defined selection criteria from the pool of shortlisted applications
Communication with successful applicants shall be by email to the email address provided and a phone call to the phone number provided on the application form.
Training will commence on announced dates consecutively in Abuja, Lagos, and Port Harcourt.

Application Deadline: Ongong.

For more information about this opportunity, Visit the Official Website.

DBN Entrepreneurship Training Programme (DBNETP) 2024