First City Monument Bank (FCMB), a leading financial institution in Nigeria, has launched the Fempreneur Accelerator programme as part of its SheVentures initiative.
The programme aims to enhance both financial and non-financial support for Women Small and Medium Enterprises (WSMEs) across the country.
In collaboration with Shecluded, a finance and capacity-building organisation for women entrepreneurs, the Fempreneur Accelerator programme addresses the unique challenges female entrepreneurs face in Nigeria.
It will provide technical assistance and critical resources to 350 women, equipping them with essential skills such as financial management, business planning, and access to funding opportunities.
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The goal is to bridge the gap that often hinders women-led businesses from achieving their full potential.
Divisional Head of Corporate Services and Service Management at FCMB, Felicia Obozuwa, affirmed the bank’s commitment to empowering women in business.
“At FCMB, we recognise the vital role women entrepreneurs play in driving economic growth. Our partnership with Shecluded reflects our dedication to fostering an inclusive environment where women can thrive,” she said.
Founder of Shecluded, Ifeoma Uddoh, said, “Our mission has always been to dismantle the barriers preventing women from accessing the resources they need to succeed. Partnering with FCMB allows us to extend our impact and reach more women eager to grow their businesses. We are excited about the future and look forward to seeing these entrepreneurs thrive.”
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