The Impact Investors Foundation (IIF) has empowered Nigerian enterprise support organisations (ESOs) and business development services (BDS) with the tools needed to deliver scalable and high-impact business support to social enterprises.

The foundation stated this at a training that brought together leaders and programme managers from across Nigeria’s entrepreneurial ecosystem and focused on equipping participants with practical methodologies to drive sustainable enterprise.

“By equipping enterprise support organisations and business development services providers with the right tools and frameworks, we are strengthening Nigeria’s entrepreneurial support system,” Etemore Glover, chief executive officer of Impact Investors Foundation said.

During the sessions, industry experts provided deep insights into the Argidius SCALE framework, a globally accepted approach for optimising business support services.

This initiative, funded by the United Kingdom International Development of the UK Government in the third phase of the RISA Fund’s Sustainable Systems for Research and Innovation Financing Project (SSRIF III), marked a significant step toward strengthening Nigeria’s enterprise development landscape, ensuring that business support organisations can effectively improve the quality of their services.

Participants gained hands-on experience in applying the Argidius SCALE framework to improve business support models, developing sustainable strategies for scaling ESO services as well as measuring and enhancing impact through evaluation of best practices.

Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.

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