How Foundry Empowered Over 170 Local Businesses in Nigeria.


When it comes to empowering businesses for sustainability and profitability, Foundry has got this mission on lock.

Earlier this year, Foundry, an initiative of the Nest, equipped 55 resourceful entrepreneurs during the SME Bootcamp 3.0. It was such a huge success that the participants took it upon themselves to publicize the next bootcamp. It is safe to say that some of the participants for SME 4.0 were ready to apply right after SME 3.0 in March.

In May, Foundry called for applications for the SME 4.0. The Foundry team was set to empower a new set of local businesses to scale and position them for sustainable growth for the second time in 2022 .

It is in the details, right? The Foundry team was bent on putting their best foot forward with the 2-week intensive training program. As expected, they over delivered as it is evident in the feedback received at the end of the training.

119 entrepreneurs participated in the concluded SME4.0 bootcamp and they have these to say:

Generally, the SME Bootcamp was a concise event that opened me up to the fact that entrepreneurship is a seamless way of building an SME when one applies all the best practice templates as taught during the Bootcamp. I now believe I can scale up my business confidently. The experience was on two-edged level, giving. me the rare opportunity of learning business skills at no charge and meeting great Mentors. I appreciate this great opportunity; it’s a lifetime opportunity!

— Obi Ibegbunam

It felt like I just went through a mini MBA. This is an enrichment and equipping bootcamp for practical leadership and scaling of one’s business.

— Jane Philip Odey

I had a very pleasant experience; respectively treated with understanding. I am glad that I got selected. very impactful and handled very well by all resource persons and Moderator. A big Thank You, and to say how impressed I have been with the conduct of the Bootcamp which is so civil and yet firm with clearly spelt out rules.

— Marie Ene Orgah

The program was insightful and educative; it has exposed me to things I was ignorant of and have helped me to strategically review and plan my business. I never regretted spending time all through this program, I have envision my business on a greater height already. From day one to the end, it was really awesome.

— Samaila Iliya

The theme for this bootcamp is Leveraging on Entrepreneurial Training for Business Growth.

The areas of concentration include:

  • Business Finance
  • People Management and leadership
  • Business Plans and Models
  • Taxation
  • Business Strategy and Sales
  • Digital Marketing

The facilitators brought their A-game.

They are Iyiola Olanipekun (Revenue Supervisor, Ondo State Revenue Service); Olatunde Victor Adeoluwa (Founder Salesplat Technologies); Grace Akinosun (Corporate Communications PR & Marketing Professional); Tobi Adeoye (Brand Storyteller & Strategist) and Daniel Audu (CEO, Mobilecooks). The guest speaker was Mayowa Owolabi (CEO, Afara Partners & Co-Founder, PaddyCover).

It was a well thought out program as it delivered the resources these entrepreneurs need to thrive and grow their businesses. A special shout out to the Foundry team for designing a remarkable value-packed bootcamp again. They are the real MVPs.

The foundry has a community which comprises entrepreneurs who have taken part in the training so far. In addition, they get access to mentors who are experts in the world of business. The Foundry is a community every passionate business owner should be a part of.

To join the community, simply join the waitlist.

The Foundry will continue to help local businesses with up-to-date resources to thrive and reach their full potential.

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