Modupe Gbadeyanka
By Modupe Gbadeyanka
The NASD OTC Market has thrown its weight behind a programme that aims to discuss ways business owners can source for funding from external factors to grow their enterprises.
The seminar was organised by the Entrepreneurship Development Centre (EDC) and was well attended by alumni of EDC and other growth focused enterprises.
It was part of the continued efforts of NASD to deepen the reach and impact of the capital market in the real economy.
The session featured presentations on preparing growth enterprises for investments, a panel session focused on What Investors and Funders look out for, and a presentation by NASD OTC on the benefits and framework of the NASD Enterprise Portal (NASDeP).
At the programme, held at the Civic Centre, Lagos, it was stressed that for an enterprise to attract the right funding, it must keep proper financial records, have a good team and a strong business or investment case, adhere to good corporate governance and transparency standards, and pay attention to the legal and regulatory matters that affect the business.
NASDeP plays a leading role in easing the funding challenges of enterprises, reducing reliance on expensive debt, and providing access to Securities and Exchange Commission (SEC) licensed capital market professionals who are able to provide financial capital, and strategic and managerial synergies.
It also aligns with the Economic Recovery & Growth Plan (ERGP) to reinvigorate the Nigerian economy and restore growth by attracting sustainable investments into our indigenous enterprises.
Participants also had the opportunity to listen to some registered NASDeP members such as PwC, on their role on the portal and the value they bring growth enterprises in packaging their businesses and refining strategic initiatives for growth.
