Business Administration | Management Studies

External Funding Possibilities For SMEs In Nigeria

Download Complete Material

The External Funding Possibilities For SMEs In Nigeria Complete Project Material (PDF/DOC)

Abstract

Small and Medium Enterprises play a pivotal role in the economic growth of any nation, thereby increasing productivity, GDP, and employment opportunities. One major challenge to the growth and development of this sector of the economy is poor funding. It is on this prem-ise that this research is based upon, finding the external funding possibilities for SMEs in Nige-ria.

This study briefly talks about the importance of the SME sector to the Nigerian economy and also extensively explains the major external funding possibilities available to SMEs in Nigeria. Funding initiative by governments (Federal and States) as well as those of Non-Governmental Organizations, and International Development Agencies were also adequately considered.

The qualitative method was used in this research, thereby data was collected from both pri-mary and secondary data. The primary data was obtained by interviewing two key officers of a SME business in Nigeria. Two senior officers at two lending institutions were also inter-viewed. Most of the secondary data used in this research were obtained by consulting arti-cles, journals and other publications.

During the course of this research study, the researcher found that there are numerous sources of external funding possibilities with relatively cheap, available and accessible medi-um to long term funds for SMEs in Nigeria but are not aware of them because their existence and services were not adequately given enough publicity by the media.
The findings identified new initiatives springing up to support the sector. In the light of the above, the SMEs need to get acquainted with the knowledge of external funding initiatives available to them. It should also be noted that the entrepreneur’s attitude towards external funding should be taken into consideration.

Chapter One

1.0 INTRODUCTION
This chapter introduces the External Funding Possibilities For SMEs In Nigeria and its relevance, states the research problems, research questions, and objectives, provides a background of the study, and should also include the research hypothesis.

How To Download Complete Material (PDF/Doc)

This Research Work On “External Funding Possibilities For SMEs In Nigeria” Complete Material Can Be Downloaded Through Whatsapp, Email Or Download Link. Click The Below Button To Proceed:

You May Like These Similar Topics

Evaluation Of Role Of Stocktaking And Important Of Stocktaking In Administration Of Stock Control.

It has been well documented in the literature by the production management experts that quality of a reflection of a customer’s perception of what a product should looked like. And for a manufacturing industry to survive in its business quality control should be embraced in all branches of Nigeri…

Working Capital Management As A Tool For Cost Minimization And Profit Maximization.

The objective of this research work contains working capital management as a tool for minimization and profit maximization with particular reference to Anambra motor manufacturing company, Enugu. The research design used was the survey method and the sources of data were both primary and secondar…

Work-Life Balance As A Strategy For Improving Organizational Performance.

This work examined Work-Life Balance as a strategy for improving organizational performance. Balancing the demands of profession and personal life has remained a growing concern for both employers and employees of deposit money banks which in turn has effect on organization’s stability which also…

Women Involvement In Community.

From the time of creation till date, expect in the recent time, whom have been seen generally especially by the male folk as second-class citizens, more especially in the less developed countries. This has led to various misconceptions and bickering between the male and female group despite all e…

Web Based Application For Insurance Services.

The present system of the insurance companies is characterized by the manual method as a result serious threat has been posed to the operation of the service and too much workload on the staffs. The manual method involves the marketing staffs moving from one location to the other to meet up with …

Value Added Tax Vat And Price Stability.

Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services. The main purpose of VAT in Nigeria is to increase government (state and Local) revenue from th…

Using Management Information System To Improve Customer Services In The Banking Industry.

This research work was aimed at determining the extent to which the use of man agreement information system will improve customer services in inter-continental bank with much emphasis on the impact of computerization of its operations. A structured questionnaire made up of a little combination of…

Using Management Information System To Improve Customer Services And Growth In The Banking Industry.

This research work was carried out in order to examine the extent of using management information system (Mis) to improve customers service and growth in inter-continental bank Enugu with so much emphasis on the impact of computerization on its operation. This survey made are of information from …

Usefulness Of Forensic Audit In The Prevention And Detection Of Fraud.

INTRODUCTION 1.1 BACKGROUND OF THE STUDY The incidence of fraud and misappropriation of funds in recent time poses a threat to auditing as a branch of accounting profession because of its perennial nature. This has resulted to questions as to whether auditing actually play any significant role towards the attainment of accountability and prevention of fraud especially that which is currently happening in our major or key financial inst […]

Usefulness Of Financial Statement In Accessing The Performance Companies And In Guiding Investment Decisions.

The use of financial statement in any business organisation cannot be over emphasized financial statements are needed by variety of people for different purposes . for instance, the government needs the financial books of a company for taxation purposes, the investors want to know how profitable …

Disclamer:

This study on the External Funding Possibilities For SMEs In Nigeria is solely for academic research purposes only and should be used as a research guideline or source of ideas. Copying word-for-word or submitting the entire project work to your school is unethical academic behavior and “UniProjects” is not part of it.