Effect of Government Policies on Small and Medium Enterprises (SMEs) Support Programs in FCT Abuja

This study examines the effect of government policies on SME support programs in Abuja, focusing on their impact on SME growth, sustainability, and contribution to economic development. The research aims to evaluate how policy frameworks, funding mechanisms, and regulatory environments influence the effectiveness of these programs. A survey method was employed to collect data from key stakeholders, including SME owners, government officials, and program coordinators. A total of 135 questionnaires were administered to experienced participants, providing detailed insights into the dynamics of government policies and their role in SME development. Linear regression analysis was used to analyze the data. The findings are expected to contribute to a comprehensive understanding of the strengths and challenges within existing SME support programs, highlighting gaps in policy implementation and areas requiring improvement. The study underscores the importance of aligning government interventions with the evolving needs of SMEs to enhance inclusivity, innovation, and competitiveness. Based on the findings, recommendations are proposed to optimize policy frameworks, promote efficient resource allocation, and foster a more enabling environment for SMEs in Abuja. These insights aim to strengthen government support programs and improve the overall performance and sustainability of SMEs in the region.

Authors

Publication Details

Journal
International Journal of Small Business and Entrepreneurship Research
Published
2025-01-15
DOI
https://doi.org/10.37745/ijsber.2013/vol13n13350
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
3.91
Controls
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article

Effect of Government Policies on Small and Medium Enterprises (SMEs) Support Programs in FCT Abuja

Ekanem Ediuku, Babayemi Oduyingbo Joshua, Abdulrahman Shehu Ahmadu, Grace Udo
1 citations
International Journal of Small Business and Entrepreneurship Research
Islamic Finance and Banking Studies
3.91
article

Effect of Government Policies on Small and Medium Enterprises (SMEs) Support Programs in FCT Abuja

Ekanem Ediuku, Babayemi Oduyingbo Joshua, Abdulrahman Shehu Ahmadu, Grace Udo
article en
1 citations

Abstract

This study examines the effect of government policies on SME support programs in Abuja, focusing on their impact on SME growth, sustainability, and contribution to economic development. The research aims to evaluate how policy frameworks, funding mechanisms, and regulatory environments influence the effectiveness of these programs. A survey method was employed to collect data from key stakeholders, including SME owners, government officials, and program coordinators. A total of 135 questionnaires were administered to experienced participants, providing detailed insights into the dynamics of government policies and their role in SME development. Linear regression analysis was used to analyze the data. The findings are expected to contribute to a comprehensive understanding of the strengths and challenges within existing SME support programs, highlighting gaps in policy implementation and areas requiring improvement. The study underscores the importance of aligning government interventions with the evolving needs of SMEs to enhance inclusivity, innovation, and competitiveness. Based on the findings, recommendations are proposed to optimize policy frameworks, promote efficient resource allocation, and foster a more enabling environment for SMEs in Abuja. These insights aim to strengthen government support programs and improve the overall performance and sustainability of SMEs in the region.

International Journal of Small Business and Entrepreneurship ResearchVol. 13(1)
Openalex Percentile: Top 9%
Islamic Finance and Banking Studies
3.91
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