GROW convention: SMEDAN broadcasts plans to create 100 new millionaire entrepreneurs

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has introduced plans to create 100 new millionaire entrepreneurs by sensible capability constructing and monetary grants on the GROW Nigerian Conference 2026.

The Director-General and Chief Executive Officer Charles Odii, in an announcement on Thursday mentioned the convention would happen from 8 to 10 November 2026 in Lagos, underneath the theme “GROW Nigerian: The Next Frontier for Innovation, Policy and Market Access.”

Odii mentioned the convention was designed to attach Nigerian small

companies with the abilities, finance, markets and institutional assist they should develop, whereas shaping insurance policies that enhance the enterprise surroundings.

He mentioned it mixed intensive masterclasses with enterprise funding, giving beneficiaries the abilities and capital to start out companies, enhance their operations and develop.

He mentioned the masterclass periods would

conclude with monetary grants to chose contributors, whereas the Zero to 100 Pitch

Competition will present extra funding alternatives for promising companies.

The director-general mentioned the pitch competitors carried a ₦100 million prize pool, with disbursements to be made on the convention and one other occasion in northern Nigeria.

He defined that the convention was designed to deal with the sensible challenges that stop entrepreneurial expertise from translating into viable companies.

“For somebody who has learnt a talent however can not afford the instruments to start, entry to capital can change their prospects. For an current enterprise, understanding the best way to worth correctly, appeal to clients and managed cash can decide whether or not that capital produces progress.