Centre for Enterprise Development
The Centre for Enterprise Development (CED) focuses on fostering entrepreneurship, digital literacy, and economic inclusion through targeted initiatives. Key activities include skills development programs for individuals and small business owners, startup incubation and mentorship, business development support, including seed funding, advisory services, and networking opportunities, and workshops, hackathons, and innovation challenges to spur creativity.
CED’s scope extends to policy advocacy, research, and digital inclusion initiatives, such as analyzing trends in digital transformation and SME growth, promoting affordable internet access and smartphone literacy, collaborating with financial institutions to expand access to low-interest loans and digital payment solutions, and cross-border knowledge exchange to share best practices in enterprise development and digital innovation. These efforts aim to reduce unemployment, bridge the digital divide, and foster sustainable economic growth. The following are the major programmes of the CED already executed in collaboration with various partners and donors include:
The Junior Business Seminar (JBS)
Central Bank of Nigeria’s Entrepreneurship Development Project, Phase I (2008-2013)
• Creation of 222 new enterprises
• Expansion of 869 existing ones
• Creation of about 3,500 jobs
• Facilitated access to finance for small businesses
• Customized training for senior executives, retirees, and tertiary institutions
• Partnership with HP for Graduate Entrepreneurship Training through Information Technology(GET-IT).
CBN-Entrepreneurship Development Centre, Phase II (2015-2017)
The EDC Project and Achievement (2008-2017)


Table II below, summarizes the totality of access to finance facilitated by ALF under the entrepreneurship development programme.
- 715 trainees accessed N96.4 million in credit from financial institutions and private sources.
- N38.18 million in grants was awarded to CBN-EDC graduates through the YouWin scheme.
- In 2016, Oyo State Government, under the leadership of former Governor Isiaka Ajimobi provided N120 million in seed loans to 100 beneficiaries.
- Ogun State Government granted soft loans to 38 trainees through the Bank of Industries.
- The entrepreneurship training generated 5,465 jobs and expanded 2,581 businesses.
- ALF partnered with:
- Oyo State Government on OYO-Ajumose Business Leadership and Entrepreneurship Youth Programme (OYO-ABLE) empowered 50,000 youths.
- Oyo & Ekiti State Governments on Youth Agropreneurship Rebirth Scheme for 128,000 youths expected employment
- Sterling Bank PLC on Youth Entrepreneurship Development Programme (YEDP) for unemployed graduates.

ALF’s accreditation as an Entrepreneurship Development Institute EDI for Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL MFB) Platform: ALF’s advocacy efforts led to the Central Bank of Nigeria’s Agribusiness Small and Medium Enterprise Investment Scheme (AGSMEIS) providing soft loans to SMEs. ALF submitted 1,148 loan applications, resulting in approved loans totaling ₦1,444,477,623 for its trainees.
ALF & Youth Entrepreneurship Development Programme (YEDP 2016)
ALF Launched Digital Business Operation for SMEs:
ALF’s Advocacy in Export Promotion for the Africa Growth and Opportunity Act (AGOA)
ALF and the Empowering Women in Agriculture (EWA) Project
ALF Tech-hub
Partnership with Nigeria Diaspora Direct Investment Scheme (NDDIS)
Partnership with Lagos State Ministry of Agriculture and Cooperatives on Export Readiness Programme for Lagos Farmers
Partnerships with Nigerian Universities on Entrepreneurship Development Training
Partnership with the State Governments to Train Residents and Indigenes
ALF Partnership with AFREXIMBANK on Agribusiness Export Readiness Accelerator Training, West Africa
Digital Empowerment
ALF Tech Hub
ALF Launched Digital Business Operation for SMEs
GOOGLE CS FIRST WORKSHOP
The training was done within April and June 2023 in collaboration with Cape Town Science Centre and funded by Google.