The Growth Platform is a nationwide infrastructure executed by the Bank of Industry (BOI), employing technology, big data and an extensive field agent network to deliver end-to-end design and execution of programmes targeted at Micro, Small and Medium Enterprises, for governments, international organisations, and private sector entities.
Since inception, the Growth Platform has successfully designed and executed a series of intervention programmes, e.g The Government Empowerment Enterprise Programme (GEEP) which comprises of TraderMoni, MarketMoni & FarmerMoni, the National Women Empowerment Fund (NAWEF), and the North East Rehabilitation Fund (NERF).
With the emergence of the global Covid-19 pandemic, the platform has been used both locally and internationally to deliver much needed relief and support for the general population. Initiatives include the World Bank’s Nigeria Covid-19 Action Recovery and Economic Stimulus (CARES) Program and the Federal Government’s MSME Survival Fund under the Nigerian Economic Sustainability Plan (NESP).
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Awards And Recognition
The growth platform and the programs it has executed have been recognized by prestigious organizations for the extensive impact on businesses and MSMEs.
The Government Enterprise & Empowerment Program (GEEP) powered by the Growth Platform won the 2019 African Bankers Award for the most impactful microcredit scheme in Africa.
The Growth Platform was shortlisted as top 17 out of 1,250 programs globally at the Data.org Inclusive Growth & Recovery Challenge. The platform won funding for our work on advancing inclusive growth through data science.
The Nigerian Innovation Awards recognized the Growth Platform as a part of innovative companies that propel innovation and creative ideas across different Nigerian economic sectors.