Innova Hive Integrated is taking significant strides to bolster Nigeria’s small and medium-sized enterprises (SMEs) through its free SME Scale-Up Sessions — a practical initiative designed to help entrepreneurs address growth challenges with innovative solutions.
Held every month, the next edition is scheduled for May 16, 2025, and will convene over 20 business owners, startup founders, and SME leaders for an intensive three-hour workshop. The sessions aim to equip participants with the strategies needed to drive sustainable business growth amid Nigeria’s evolving economic landscape.
Unlike traditional seminars that focus on motivation alone, the Scale-Up Sessions prioritize hands-on engagement. Entrepreneurs are introduced to actionable growth frameworks, decision-making tools, and operational strategies that foster innovation and efficiency.
“Our mission is to end the isolation SMEs often face,” said Stanley Obi, Co-founder and CEO of Innova Hive Integrated, in a statement. “We want founders to leave not just inspired, but truly empowered.”
Key topics lined up for the upcoming workshop include: Building a smarter growth framework to foster innovation, Identifying and avoiding common growth pitfalls for SMEs, Immediate action tools for execution, Integrating sustainability into daily business practices.
Participants will also gain access to post-session resources, practical planning tools, and optional support through Innova Hive’s proprietary Innovation as a Service (IAAS) platform, which offers customized consulting and market insights.
Highlighting the program’s impact, Obi noted that since its inception earlier this year, the SME Scale-Up initiative has already begun delivering measurable results. For example, Teni’s Table, a Lagos-based catering business, reported a 120% increase in structured sales within three months of applying insights gained from the sessions and IAAS tools.
Obi emphasized that initiatives like these have become indispensable for SMEs striving to survive market volatility and achieve sustainable expansion. “With SMEs contributing over 48% to Nigeria’s GDP and providing more than 84% of jobs, supporting their growth is crucial not just for business success but for national economic development,” he concluded.
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