How to Scale Tech Businesses in Nigeria

Welcome to November! We're now just one month away to the end of the year. Take a moment to acknowledge and appreciate your achievements, both personally and in your business, as you've managed to navigate through challenges like cash crunch, removal of fuel subsidies, and rapidly rising foreign exchange rates. Well done!

These challenges have made it increasingly difficult to scale businesses in Nigeria, including tech businesses. This is because tech businesses often need to scale quickly to increase revenue and have a greater market impact, and this can be difficult without external funding. One of the ways to achieve this is to develop a Minimum Viable Product (MVP) to meet market needs while iterating as you go!

To learn more, please read this article: How to Scale Tech Businesses in Nigeria…

GROW YOUR BUSINESS WITH THESE OPPORTUNITIES

ChangeMakers Seed Funding Contest

Win $1,500 by participating in the ChangeMakers Seed Funding Contest 2024. The funding contest is for start-ups and social enterprises who want to create positive change in their communities. Apply here.

Jim Leech Mastercard Foundation Entrepreneurship Fellowship

This Fellowship gives Africans the opportunity to access training, total funding of $20,000 CAD, and opportunities to travel to the Dunin-Deshpande Queen’s Innovation Centre, Canada, to build their own ventures. Click here to apply.

GAIN Micro-Grant Funding for Nutritious Businesses

The GAIN microgrant programme will provide equity-free grants of N3,000,000 to nutritious food businesses in Oyo, Nasarawa, Benue, and Kaduna States. Find out more here. 

INVENTORY MANAGEMENT: KEY STRATEGIES & BEST PRACTICES

Effective inventory management is crucial for businesses of all sizes, as it can impact profitability, customer satisfaction, and overall operational efficiency. Find key aspects and strategies for managing your inventory here.

Thank you so much for reading. Have any ideas for our next newsletter? Send us an email here. Once again, we're rooting for you and wish you all the best this month.