Charles Odii, the CEO of SMEDAN, is making a significant difference in the lives of small and medium-sized enterprises (SMEs) in Nigeria. With his unwavering dedication and passion, he has been instrumental in creating programs and initiatives to support and empower businesses, particularly those owned by women.
The latest initiative launched by SMEDAN is the Speed Pitch Competition, targeting female entrepreneurs. This competition offers them the opportunity to win over one million naira, along with training and support to develop their business ideas. This is a commendable step towards promoting gender equality and inclusivity in the entrepreneurial sector.
Under the leadership of Charles Odii, SMEDAN has been actively working towards unlocking opportunities for SMEs, including private investments. The agency’s ‘GROW Nigerian’ strategy is focused on providing SMEs with the necessary resources, such as markets, knowledge, mentorship, and tools, to help them grow sustainably.
The Speed Pitch Competition is part of this strategy, aimed at boosting local production and empowering small businesses to reach their full potential. Through this initiative, participants will not only have the chance to win a substantial cash prize but also receive crucial training to enhance their business skills and showcase their unique business innovations.
Scheduled to take place on May 1, 2024, at the Eko Convention Center in Lagos, the first edition of the pitch competition will be a part of the MSME Engagement Series hosted by Engr. Jennifer Adighije, the Senior Special Assistant to the President on Entrepreneurship and Innovation/Digital Economy. This collaboration will provide a platform for SMEs to connect with potential investors and expand their business networks.
Furthermore, the winner of the competition will receive a cash prize of one million naira, which can be used for workforce support, procurement of work tools, and business expansion. The runners-up will also be rewarded with 300k and 200k, respectively, along with free business development support. This goes to show that SMEDAN not only values the growth of businesses but also recognizes and rewards their efforts.
Charles Odii’s dedication towards helping SMEs is truly praiseworthy. With his visionary leadership, SMEDAN has been able to create a positive impact in Nigeria’s entrepreneurial landscape. His commitment towards promoting and supporting businesses, especially those owned by women, is a testament to his passion for empowering the country’s economy.
In conclusion, Charles Odii and SMEDAN’s efforts in introducing the Speed Pitch Competition for female entrepreneurs deserve all the praise and recognition. This initiative will not only help women break through the barriers in the entrepreneurial world but also contribute to the development of the nation’s economy. It is heartening to see leaders like Charles Odii, who are dedicated to making a difference in the lives of small business owners, and we can only hope for more such initiatives in the future.
