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SWEC business plan competition closes today

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swecSME Boutique Women’s Exclusive Club (SWEC) Business Plan Accelerator Programme, a female-focused entrepreneurship competition has been launched with the aim of empowering young, aspiring female entrepreneurs.

SWEC is an exclusive club for Lagos-based female entrepreneurs who are seeking business growth and personal development opportunities. Through its member-based group structure, the club aims to create a community of women who are empowered and positioned to succeed through the provision of capacity building seminars and workshops, mentorship opportunities with established business leaders, access to financing and potential investors as well as networking and business support services tailored to suit specific business requirements.

The launch of SWEC and inaugural edition of its accelerator programme and business plan competition aims specifically to empower female led Nigerian businesses which have the potential to contribute to Nigeria’s economic future and sustainable development.If you re thinking of applying, organisers of SWEC say there are immense benefits you stand to gain:

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Girl Power: SWEC is an exclusive club for Lagos based female entrepreneurs who are seeking business growth and personal development opportunities. Through its member-based group structure, SWEC is committed to providing key opportunities for female entrepreneurs to succeed. That’s why we are choosing 12 lucky members who join SWEC before the 6th of August to join our 4 month Business Plan Accelerator Competition- Scale UP! At the end of the competition every woman selected will have a business plan and strategy to scale up their businesses

Facilitated sessions with established business owners: Established business owners such as Biola Alabi, Femi Longe, Tara Fela Durotoye, Chika Uwazie, Stephanie Obi and a host of other influential business leaders will provide intensive capacity building sessions in areas of corporate governance, business strategy and design, marketing, leading self, business integrity, finance and accounting for small businesses and a host of other business development topics.

Opportunities for innovation, collaboration and creative thinking: SWEC is an ecosystem for female entrepreneurs based in Lagos. We have partnered with Co-Creation Hub-Nigeria’s first open living lab and pre-incubation space designed to be a multi-functional, space for entrepreneurs and investors to catalyze creative social tech ventures. Members of SWEC and competitors will be able to take advantage of some of the opportunities afforded by CC Hub.

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Media exposure for your business: SWEC has also partnered with Naija Start-ups a leading start up community in Nigeria. All participants in the Scale Up competition will be part of the Naija Start-ups directory and receive media exposure on their platform. In addition to this, SWEC has also partnered with various media platforms such as Bella Naija, Guardian Woman, Exquisite magazine, Genevieve Magazine Online, Pulse and Naija Info, competition participants will receive free media exposure through some of these platforms as well as through our social media networks
Sector Specific Mentors- We know female entrepreneurs need one-on-one support and the advice of established business owners within their sectors to expand their networks and help them test their ideas. That’s why we are providing one-on-one sector specific mentorship for all the participants who take part in our Scale Up Competition.

Seed Financing for Winner- We know financing can be a challenge for entrepreneurs. That’s why we will be providing the winner of the Scale up competition with seed financing to support their business development efforts. We will also ensure that all participants who complete the entire programme have investment ready business plans which will also them to access funding from other sources.

The competition is opened to Women who own/co-founded businesses and are duly registered by the Nigerian Corporate Affairs Commission. Please note that for co-owned businesses only female founders will be eligible to participate in the capacity building and mentoring portion of the programme. Such business must have been in operation for at least 6 months. All business sectors are welcome to apply. Deadline for applications is 6th of August however female entrepreneurs can apply to join SWEC at anytime.


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