Lagos SME Bootcamp Set to Hold Virtual 3rd Edition on July 25
The Lagos SME Bootcamp, one of Nigeria’s largest gathering of SMEs with the objective of enhancing their business management capabilities in order to reduce their risks of failure and better position them for strategic growth, given that 90% of MSMEs fail within the first five years of commencement. The Bootcamp was founded in 2018 by Ayo Bankole Akintujoye and Seun Durojaiye to support SMEs who cannot afford the services of professional consultants and yet need those capabilities the most. MSMEs in Nigeria provide 96% of Businesses and 84% of employment and contribute a total of 49% to the country’s GDP in the last five years. Therefore, given the strategic importance of MSMEs to the economy, initiatives such as the Lagos SME Bootcamp is important to ensure their growth and sustainability to the benefit of the Nigerian economy.
Unexpected global forces have defined a ‘new normal’ for our economy & are rapidly changing global markets for goods, services, labour, and capital. In this complex and challenging times, the biggest challenge facing businesses is how to adapt swiftly, be self-sustaining, and take advantage of a landscape in which the basis of competition is changing at an increasing speed. The goal of the Lagos SME Bootcamp is to reshape the way SME owners think along this borderline, discuss key issues, originate new ideas and help them better understand the respective markets they play, in a bid to push the frontiers of their business and keep it thriving sustainably. It features intensive sessions on business management capabilities such as financial management, tax management and structuring, business planning, brand management, capital raising, technology for SMEs, regulatory compliance, people management, business modelling etc.
The third edition of the Boot Camp also doubles as the first virtual edition and is scheduled to hold on Saturday, July 25, 2020, at 11:00 am. It promises to build on previous learnings by featuring industry leaders.
The event will be hosting up to five hundred SME owners who share a common interest in learning how to build solid capabilities for moving their businesses forward by harnessing practical solutions for sustainable business growth.
Participation at the Lagos SME Bootcamp is free, but requires attendees to register on the Lagos SME Bootcamp website at www.lagos-sme.com.