FCMB Launches Accelerator Programme to Empower 350 Women Entrepreneurs 

First City Monument Bank

First City Monument Bank (FCMB) has launched the Fempreneur Accelerator Programme, aimed at providing financial and non-financial support to 350 women running small and medium enterprises (SMEs) across Nigeria. This initiative is part of FCMB’s broader SheVentures platform, done in collaboration with Shecluded, a finance and capacity-building organization for women entrepreneurs. 

Addressing Challenges for Female Entrepreneurs 

The Fempreneur Accelerator Programme seeks to tackle the unique challenges female entrepreneurs face in Nigeria. The programme will equip women with essential business skills, including financial management, business planning, and access to funding opportunities. According to FCMB, this initiative will help bridge the gap that often prevents women-led businesses from reaching their full potential. 

FCMB’s Commitment to Women Empowerment 

Felicia Obozuwa, Divisional Head of Corporate Services and Service Management at FCMB, reiterated the bank’s commitment to empowering women in business. At FCMB, we recognize the vital role women entrepreneurs play in driving economic growth. Through the Fempreneur Programme, we aim to provide not just financial support, but also opportunities for women to build sustainable businesses that contribute to the Nigerian economy,” Obozuwa said. 

At FCMB, we recognise the vital role women entrepreneurs play in driving economic growth. Through the Fempreneur Programme, we aim to provide not just financial support, but also opportunities for women to build sustainable businesses that contribute meaningfully to the Nigerian economy.” — Felicia Obozuwa, Divisional Head of Corporate Services and Service Management at FCMB 

Shecluded’s Role in the Initiative 

The founder of Shecluded, Ifeoma Uddoh, expressed excitement about the collaboration. She highlighted how the partnership with FCMB allows the organization to extend its reach and support more women entrepreneurs. 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 impact more women eager to grow their businesses,” Uddoh said. 

Empowering Women Across Sectors 

The Fempreneur Accelerator Programme is open to women in various sectors, including technology, fashion, agriculture, and the creative arts. By supporting these entrepreneurs, FCMB and Shecluded aim to foster a network of empowered women who will drive innovation and contribute to Nigeria’s broader economic growth. 

In conclusion, the launch of FCMB’s Fempreneur Accelerator Programme marks a significant step towards empowering women entrepreneurs in Nigeria. By providing essential resources and support, this initiative aims to address the unique challenges faced by female business owners, enabling them to thrive in various sectors. The collaboration with Shecluded further enhances the impact of this programme, fostering an inclusive environment where women can develop sustainable businesses. Through this initiative, FCMB and Shecluded are not only empowering individual women but also contributing to the broader economic growth of Nigeria, paving the way for a more equitable future in entrepreneurship.