SMEDAN’s Conference: Benefits for Small Businesses

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) will host the 2025 National MSME GROW Nigerian Conference in Lagos from November 16 to 18. This three-day event promises to advance innovation, enterprise growth, and important policy reforms across Nigeria’s small business sector.

Connecting Businesses with Opportunities

The conference is designed to connect small and medium enterprises (SMEs) with investors, industry leaders, and policymakers. On the opening day, November 16, the “Food and Fashion Only” showcase will feature leading food and fashion brands. This curated presentation serves as a unique opportunity for businesses to gain visibility and attract investment from key stakeholders.

Participation in this event allows SMEs to showcase their products directly to potential investors and experts. Increased visibility can lead to new partnerships and funding opportunities, vital for expansion and sustainability. Small businesses often struggle with access to capital; this event addresses that gap by aligning them with investors actively seeking innovative ventures.

Key Sessions and Expert Insights

The main conference sessions, scheduled for November 17 and 18 at the Federal Palace Hotel, will provide invaluable insights from various industry leaders. Policymakers, private sector representatives, financiers, development partners, and associations will come together to discuss crucial topics affecting SMEs in Nigeria.

One significant highlight is the policy dialogues aimed at reviewing the National MSME Policy. This session will allow SMEs to voice their concerns and suggestions directly to policymakers, influencing the very frameworks that govern their operations. Active participation in these discussions can ensure that small businesses have a say in the laws that affect them.

Another important session will tackle the new national tax laws, led by Taiwo Oyedele. Understanding tax implications is crucial for SMEs aiming to maximize their profits and remain compliant. This knowledge can empower business owners to make informed decisions that enhance their financial health.

Moreover, a dedicated export session will be delivered by Nonye Ayeni, Executive Director of the Nigerian Export Promotion Council (NEPC). This session is particularly beneficial for businesses looking to expand their market reach internationally. Gaining insights into export strategies and requirements can facilitate smoother entry into foreign markets, which is essential for growth.

Conclusion: Empowering the MSME Sector

The 2025 National MSME GROW Nigerian Conference offers significant benefits for small businesses in Nigeria. By connecting them with investors, providing important insights from industry leaders, and facilitating policy discussions, the conference seeks to empower the MSME sector.

Businesses that participate can expect to gain valuable knowledge, network with key players, and find opportunities for funding and collaboration. This event is not just a conference; it’s an essential step towards ensuring that Nigeria’s SMEs thrive in an increasingly competitive landscape.

FAQ Section

What is SMEDAN?

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is a government agency dedicated to promoting the growth of small and medium enterprises in Nigeria.

What are the key themes of the conference?

The conference will focus on innovation, enterprise growth, and policy reforms relevant to Nigeria’s small business sector.

How can businesses benefit from attending the conference?

Attending the conference provides networking opportunities, access to industry insights, and the chance to showcase products to potential investors.

Why is the review of the National MSME Policy important?

Reviewing the National MSME Policy allows small businesses to participate in shaping regulations that affect their operations, ensuring their concerns are addressed.