THE Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has commenced mass registration of Micro, Small & Medium Enterprises (MSMEs) in Nigeria.
According to available information on the SMEDAN website, the initiative "will facilitate the development of comprehensive data base for MSMEs in Nigeria, and each MSME will have a unique identification number created for them."
Also, registration is opened to business owners.
"If you run a business you are qualified to register. With registration, stakeholders in private and public sector can provide the necessary support, policies and programs tailored for you. The exercise is simple and easy to complete within minutes, and most importantly it's free!"
According to the agency, benefits of registration of a business include:
"A SMEDAN unique identification Number (SUIN).
"Access to SMEDAN conditional Grant Scheme (Grants up to N50,000 per MSME).
"Priority funding from public and private sector, financial institutions, including international donor Agencies.
"Empowerment programs and Entrepreneurship Training.
"Business insurance and many more opportunities."
