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Road to Growth Nigeria

Brought to you by the Cherie Blair Foundation for Women,
Road to Growth is designed to build the business skills and
financial literacy of women entrepreneurs.

About Road to Growth

In 2021, Road to Growth will be available to 100 women in Nigeria: – 50 places in our Blended Learning programme, with two in-class sessions in Lagos – 50 places in our Online Learning programme, available fully remotely
The online training course uses a custom-built ‘Road to Growth’ curriculum, which is structured around seven key themes:
  • CONNECTIONDeveloping a vision for your business and identifying steps to achieve it.
  • CONTEXT: Knowing your market, understanding business positioning.
  • COMMUNICATION: Using digital marketing and e-commerce for business.
  • CAPACITY: Analysing financial statements and improving profitability.
  • CAPITAL: Developing a financing strategy that supports the growth plan for your business.
  • CHARACTER: Managing financial relationships, knowing your rights and responsibilities.
  • CONFIDENCE: Building the confidence to apply for financing.

The Road to Growth programme requires a commitment of 8-10 hours per week. This programme is most appropriate for women whose businesses are at the development and growth stage. The programme is not suitable for women running businesses at the start-up stage.

You can apply for Road to Growth if you:

●      Own at least 50% of a business in Nigeria
●      Have a business which has generated profit for at least 2 years
●      Have 2-49 staff members
●      Have an annual turnover of  N3-20 million
●      Have basic computer literacy
●      Are able to read and write English
●      Have a strong desire and commitment to grow your business
●      Have had no previous access to loans and have a need for additional investment
●      Business must be registered

Road to Growth’s unique curriculum

BUSINESS AND FINANCIAL SKILLS

Is tailored to meet the business development and financial literacy needs of women owners of small businesses.

NETWORKS
Equips women entrepreneurs with knowledge and skills to access capital and provides connections to financial institutions and peer entrepreneurs.

LEARNING JOURNEY
Offers a step-by-step “learning journey” towards increased confidence and capacities to succeed in business.

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“I had an amazing learning experience, particularly learning to put together financial statements for my business, making a sales forecast and the cash flow projection.”

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“This training has been really valuable to my business.
I have attended a lot of capacity-building training but this was different and genuinely amazing. I have never felt so motivated before. Thank you so much.”

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This program has set me on my way to achieving my growth plan. I am more confident and knowledgeable about financial literacy and investment readiness.

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“It has empowered me to dare to fly, fly high and achieve my goals. Networking with different women gives the soothing feeling of me not being alone with my challenges. I'm more confident to ignore the screams and pursue
my dreams.”

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See what else participants have to say

Documented impact

Road to Growth has reached over 2,600 women across Nigeria, Mexico, Indonesia and Vietnam, and is now newly being rolled out in Guyana and Kenya.

Road to Growth is a tried, tested and highly successful programme for women entrepreneurs looking to take their existing businesses to the next level. The programme has lasting impacts for women entrepreneurs; enhancing their business knowledge and confidence, creating growth, developing their networks and increasing their preparedness to access to finance to take their businesses to the next level.

Almost all the women who took part in Road to Growth in Nigeria found the training useful, 90% grew their networks, 87% implemented new or improved methods, procedures or strategies for their business, and 75% increased their savings a year on.

Meanwhile of the women who participated in Road to Growth in Mexico, 100% gained a clearer vision and direction for their business, 98% became better at assessing their business’s financial health, 95% felt more confident in achieving a balance between business and family, and 98% valued the new business network they built through the programme.

Learn about the amazing journey of our Road to Growth Nigeria participants here:

Project sponsors and partners

Cherie Blair Foundation for Women

The Cherie Blair Foundation for Women helps release the
potential of women entrepreneurs in low and middle income
countries, and close the global gender gap in entrepreneurship.
Since the Foundation’s inception in 2008, it has directly
supported over 175,000 women across more than 100 countries.
Through its combined approach of programmatic delivery and
advocacy, the Foundation supports women to start and grow
successful micro, small and medium businesses, with training,
technology, mentoring and networking at the heart of its work.
This opens doors to finance, markets, contacts and more, and
supports women to create better futures for themselves and
their families, enable their communities to prosper, contribute
to strong economies, and move the world in a whole new
direction.

ExxonMobil Foundation

Since 2005, the ExxonMobil Foundation has helped women in developing countries fulfil their economic potential and drive economic and social change in their communities.

Enterprise Development Centre

The Enterprise Development Centre of Pan-Atlantic University has the mission of providing holistic business development and support services to small and medium enterprises (SMEs) in Nigeria.

EDC provides capacity building programmes and a variety of wrap-around services such as advisory services, mentoring, experts-in-residence, network meetings, access to market & information, implementation of organisational plans and more. To learn more, visit: www.pau.edu.ng

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