How did the Adopt a Business Project Endorsement arise?
The Adopt a small Business Project Endorsement arises from the Emerging Nigerian Dream Meeting convened in Lagos, Nigeria in February 2008. The aim is to increase the capital available to high-growth SMEs by tackling some of the root causes that limit their growth prospects Convened by the Innerveil Business Institute and the MicroFinance banks, the meeting gathered participants with many points of view from various parts of the country. The group found out that the lower-income segments of Nigeria benefit when SMEs have better access to finances because they alleviate poverty by creating more jobs and better wages.
