The FATE Institute of FATE Foundation has launched the State of Entrepreneurship in Nigeria 2022 report as it steps up efforts to boost entrepreneurship
The report was inaugurated at the 8th Annual FATE Institute Policy Dialogue Series on Entrepreneurship held recently.
A statement said this year’s State of Entrepreneurship in Nigeria report was launched alongside a second report looking at “Bridging the Access to Finance Gap for Nigerian Entrepreneurs.”
The statement said both reports were developed by the FATE Institute, which is the research, policy, and advocacy arm of the FATE Foundation.
The arm leads innovative thinking and creating platforms to enable idea exchange and problem-solving strategies around entrepreneurship in Nigeria. While launching the reports at the Policy Dialogue, the Chairman of FATE Foundation, Mr. Fola Adeola, said, “The State of Entrepreneurship in Nigeria Report provides an assessment of the entrepreneurship landscape in Nigeria using five key indicators: business performance, skills acquisition, innovation and technology, perception of opportunities, and enabling business environment.
According to the statement, the “Bridging Access to Finance Gap for Nigerian Entrepreneurs” report takes a deep-dive approach to understanding the access to finance problem in Nigeria and proffering recommendations on the way forward.
It said both reports were developed to provide data insights and recommendations to guide the government and ecosystem players on policy and program design/implementation to improve outcomes around accessing finance.”
Also speaking at the launch of the reports, the Executive Director, of FATE Foundation, Adenike Adeyemi said, “There is the need for an intentional approach to bridging the access to finance gap leveraging technology, improving the digital footprint of entrepreneurs and assessing the impact of current funding programs.”
SOURCE: Punch news
