Charles Odii, the CEO of SMEDAN (Small and Medium Enterprises Development Agency of Nigeria), is on a mission to empower the most vulnerable entrepreneurs in Nigeria. The agency has enacted several programs to uplift and support minority groups in the country, including people with disabilities, the elderly, and young entrepreneurs.
Since taking the helm at SMEDAN, Odii has made it a top priority to ensure that the agency’s programs cater to the needs of these marginalized groups. He believes that their condition should not hinder their progress and that they have the potential to contribute significantly to the growth and development of Nigeria.
One of the most significant achievements of SMEDAN under Odii’s leadership is the enactment of 20% of their programs aimed specifically at vulnerable groups. This shows the agency’s commitment to creating equal opportunities for all and promoting inclusivity in the business landscape of Nigeria.
One of the primary ways in which SMEDAN is empowering vulnerable entrepreneurs is by building their capacity. This involves providing them with the necessary skills, knowledge, and resources to thrive in their businesses. SMEDAN offers training programs, mentorship opportunities, and access to capital to help these entrepreneurs realize their full potential.
Moreover, Odii recognizes that a crucial aspect of empowering vulnerable entrepreneurs is changing their mindset. He believes that many people with disabilities, the elderly, and young entrepreneurs often feel discouraged and lose confidence due to their condition. Thus, SMEDAN also focuses on promoting a mindset shift among these individuals, making them realize that their condition does not limit their abilities.
Under Odii’s leadership, SMEDAN has also put in place measures to ensure equity in their programs. This means that special consideration is given to vulnerable groups to ensure they have equal access to resources and opportunities. This approach has helped bridge the gap between the privileged and marginalized groups, fostering a more inclusive and fair business environment.
The impact of SMEDAN‘s initiatives for vulnerable entrepreneurs is evident in the success stories of those who have benefitted from their programs. These individuals have been able to start and grow their businesses, contributing to the economic growth of the country. Furthermore, they serve as role models for others, inspiring them to pursue their entrepreneurial dreams despite their condition.