The six-month program provides free access to business management tools, training, and support to scale Nigeria’s next generation of entrepreneurs.
Bumpa, a leading digital business management platform, has partnered with the Bank of Industry (BoI) to launch a transformative initiative that will equip 200 youth-owned Micro, Small, and Medium Enterprises (MSMEs) with the digital tools and training needed to scale their businesses and access broader markets.
The partnership, which supports BoI’s commitment to youth entrepreneurship and the Federal Government’s $1 trillion economy vision, provides selected beneficiaries with six months of free access to Bumpa’s comprehensive business management platform. The initiative addresses one of the most pressing challenges facing young Nigerian entrepreneurs: limited market access and the digital infrastructure required to compete in today’s economy.
According to the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), access to funding and markets remain the two biggest obstacles for MSMEs—businesses that contribute 48% of Nigeria’s GDP and employ 84% of the workforce. This partnership directly tackles those challenges by providing youth-led businesses with tools to digitise operations, manage sales and inventory, and connect with customers through mobile devices.
“Too many talented young entrepreneurs in Nigeria are held back not by lack of skill or ambition, but by lack of access to the right tools,” said Kelvin Umechukwu, CEO of Bumpa. “This partnership with the Bank of Industry changes that. We’re putting professional-grade business management tools directly into the hands of 200 young business owners who are ready to scale. These are the same tools used by successful businesses globally—now accessible through a mobile phone.”
Bumpa’s platform enables businesses to create and manage online stores, receive digital payments, track inventory in real-time, analyse performance through detailed business analytics, engage customers via bulk SMS and email, and process multi-currency payments for cross-border transactions. These features are designed to streamline operations and significantly enhance business performance.
The six-month program includes hands-on support to help participants adopt and integrate technology into their daily operations. Throughout the initiative, Bumpa and BoI will monitor key impact metrics, including job creation, revenue growth, and business scalability, to measure success and identify expansion opportunities.
“Digital transformation isn’t just a buzzword—it’s the bridge between where these businesses are today and where they have the potential to go,” Umechukwu added. “When you give talented entrepreneurs the right tools and remove the barriers to market access, innovation happens. Jobs are created. Communities are strengthened. That’s the future we’re building together with the Bank of Industry.”
The initiative aligns with BoI’s 2025–2027 Corporate Strategy, specifically its Youth and Skills thematic area, which focuses on supporting youth-led enterprises and promoting technology-driven growth. It also supports the bank’s broader mission to bridge structural gaps hindering MSME growth and promote sustainable economic development across Nigeria.
Applications and selection criteria for the 200 beneficiary slots will be announced in the coming weeks through BoI and Bumpa’s official channels.
For more information about Bumpa’s business management solutions, visit www.getbumpa.com.
About Bumpa
Bumpa is a business management platform that empowers Nigerian MSMEs to digitise their operations, reach wider markets, and grow sustainably. With features ranging from online store creation to inventory management and customer engagement tools, Bumpa serves thousands of entrepreneurs across Nigeria who are building the future of African commerce.
