Throughout Africa, Small and Medium-sized Enterprises (SMEs) stay the spine of financial progress and job creation, but many are held again by infrastructure gaps, excessive working prices, and restricted entry to sensible progress assist. The EridanSeed Programme is designed to alter that narrative.
Eridan Metropolis is inviting functions from growth-ready Nigerian SMEs to take part within the EridanSeed SME Scale Programme, a structured funding and co-building initiative geared toward serving to established companies overcome operational bottlenecks and unlock sustainable progress.
Why This Program Issues
Many African SMEs fail to scale not due to lack of concepts, however due to weak infrastructure and restricted hands-on assist. EridanSeed addresses this hole by combining capital with execution, partnerships, and ecosystem entry, serving to SMEs transfer from survival mode to sustainable progress.
Program Overview
EridanSeed is a 12-month SME scale programme combining capital, infrastructure assist, and hands-on partnership. Chosen SMEs will work intently with the Eridan workforce to strengthen operations, enhance resilience, and construct new progress engines.
Program Construction
Section 1: Exploration (3 Months)
Chosen SMEs will bear an in-depth enterprise evaluation to establish operational gaps, infrastructure constraints, and untapped progress alternatives. This part focuses on diagnostics, technique growth, and problem-solving.
Section 2: Execution (9 Months)
Every chosen SME will obtain a $25,000 funding alongside hands-on operational assist to drive traction, enhance methods, and scale sustainably.
Eligibility Standards
Candidates should meet the next necessities:
• Have to be a registered Nigerian SME
• Enterprise should be operational and revenue-generating
• Minimal of two years of enterprise operations
• Founder or administration workforce should be actively concerned in day by day operations
• Enterprise should exhibit clear progress potential and scalability
• Open to SMEs throughout a number of sectors
• Willingness to commit totally to the 12-month programme
Advantages
Chosen SMEs will obtain:
• $25,000 progress funding per enterprise
• Arms-on operational and infrastructure assist
• Enterprise diagnostics and progress technique growth
• Entry to Eridan Metropolis’s ecosystem, partnerships, and assets
• Ongoing mentorship and efficiency monitoring
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