Skye Bank Builds Capacity for MSMEs

As part of its efforts to strengthen and empower the micro, small and medium enterprise (MSMEs) businesses in the country, Skye Bank Plc has announced plan to commence a series of capacity building workshops and seminars in some priority sectors for owners of small and medium scale businesses.

According to a statement from the bank, the objective of the seminar series is to empower the MSMEs for growth by providing insights into common issues which affect their operations, namely management, operations and finance. The statement further said by bridging the identified skill-gaps, the entrepreneurs could become sufficiently scalable to contribute to the development of the economy, especially in the area of employment generation.

“For Skye Bank, the empowerment programme is a strategic scheme which forms part of the delivery of its SME banking promise which is to nurture businesses for growth,” the bank said.

The maiden edition of the seminar series, which will focus on two sectors namely general commerce and manufacturing, will take place in Onitsha on April 16, 2015.

“As part of the value adds for the MSMEs, we have partnered other stakeholders such as Business Development Support Providers, the Bank of Industry, Computer Warehouse Group and Microsoft,” the statement said.

According to the bank, the seminars would also provide networking opportunities for the entrepreneurs. Skye Bank has been appointed by the Central Bank of Nigeria as one of the banks to disburse the N220 billion MSME Fund.