Through its Innovation Hub Acceleration Program, the Development Bank of Nigeria (DBN) has stepped up its efforts to support Nigeria’s micro, small, and medium-sized businesses (MSMEs) by educating entrepreneurs in Kaduna.
The graduation of 37 entrepreneurs who have completed rigorous training aimed at preparing them for access to capital and wider market opportunities is the focal point of this program.
The initiative, which also signaled the start of a second cohort, demonstrates DBN’s dedication to creating a pipeline of investment-ready companies that can spur economic expansion and job creation.
Fortune Tamunokuro Granville, DBN’s Capacity Building Manager, spoke at the occasion and stated that the training focuses on solving a crucial issue that small businesses face: their lack of financing readiness.
She claims that the program gives participants vital skills in market alignment, business architecture, and financial literacy.
The program is more than just training. By fortifying their structures, enhancing financial literacy, and coordinating their operations with market realities, it equips entrepreneurs to become investment-ready, according to her.
Granville clarified that while DBN does not make direct loans to companies, it helps MSMEs by collaborating with financial institutions and making sure business owners are ready to get and handle credit.
The Kaduna Innovation Hub, which was established in December 2025, is a strategic platform for educating and strengthening small company entrepreneurs, according to program lead Rudolf Uji.
He pointed out that 37 of the 40 entrepreneurs who were accepted into the inaugural cohort successfully finished the demanding course, which concentrated on enhancing bankability and developing business concepts.
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