Fidelity Bank has launched an initiative to equip 100 growth-ready Small and Medium Enterprises (SMEs) with ERPRev-enabled POS systems and business support tools at no cost to the beneficiaries.
The program aims to enhance the operations of SMEs and drive sustainable growth.
The Fidelity SME Empowerment Program 2025 was held at the bank’s dedicated SME Hub in Gbagada, Lagos.
The program features high-impact trainings, masterclasses, and networking opportunities designed to spark innovation, build partnerships, and unlock new markets.
The benefiting businesses will receive a range of benefits, including:
– A fully-installed POS desktop system
– ERPRev business software
– Receipt printer and barcode scanner
– Inventory data input support
– Financial and bookkeeping training
– Branding and onboarding support
– Six months of post-installation monitoring
– A free Fidelity POS with instant settlement
The Managing Director/CEO of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, emphasized the bank’s commitment to SME development.
She noted that SMEs are the backbone of the economy and architects of innovation, resilience, and inclusive growth.
SMEs make up 96% of all businesses in Nigeria, employ over 80% of the workforce, and contribute nearly 50% to the national GDP.
Despite their critical role in the economy, many SMEs still rely on manual processes that hinder efficiency and limit access to finance.
Fidelity Bank has demonstrated its commitment to supporting SMEs through various initiatives.
The bank has been recognized for its excellence in digital transformation and MSME banking, and has won several awards for its innovative banking services.
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