{"id":3524,"date":"2022-12-18T07:45:32","date_gmt":"2022-12-18T07:45:32","guid":{"rendered":"https:\/\/ejfms.deqepub.org\/?post_type=journal_article&amp;p=3524"},"modified":"2022-12-18T07:45:32","modified_gmt":"2022-12-18T07:45:32","slug":"small-business-funding-and-survival-of-smes-in-nigeria-a-regression-analysis","status":"publish","type":"journal_article","link":"https:\/\/deqepub.org\/ejfms\/journal_article\/small-business-funding-and-survival-of-smes-in-nigeria-a-regression-analysis\/","title":{"rendered":"Small Business Funding and Survival of SME&#8217;S in Nigeria: A Regression Analysis"},"content":{"rendered":"<p><strong>ABSTRACT<\/strong><\/p>\n<p style=\"text-align: justify;\">The study examined small business funding and survival of SME\u2019S in Nigeria. The study specifically examined the effect of Government Enterprise and Empowerment programme (GEEP), Cassava bread support fund MSMES Survival fund and textile survival fund on the profit for the year of SMES in Nigeria. Data for the study was sourced from published article of bank of industry, result of the analysis shows that Government Enterprise and Empowerment programme (GEEP) has significant effect on profit for the year of SMES in Nigeria. It was also observed that cassava bread support fund has a significant effect on profit for the year of SMEs in Nigeria.\u00a0 The study further shows that MSMES survival fund does not have significant effect on profit for the year of SME in Nigeria. It was equally observed that textile survival fund affects profit for the year of SMES in Nigeria based on the findings, the study recommended among others that SMEs leaders should not avoid external finance as part of sources of finance to developing their businesses.<\/p>\n<p><strong>Keywords<\/strong><em>: Small Business Funding; SME in Nigeria; MSMES Survival Fund; Textile Survival Fund<\/em><\/p>\n<p><strong>Authorship<br \/>\n<\/strong>Onuh Jonathan Echobu<sup>1<\/sup>; Prof. Inyiama Oliver Ikechukwu<sup>2<\/sup>; &amp; Prof. Uche Ugwuanyi<sup>3<\/sup><\/p>\n<p><strong>DOI Link: <a href=\"https:\/\/doi.org\/10.5281\/zenodo.7453858\">https:\/\/doi.org\/10.5281\/zenodo.7453858<\/a>\u00a0 | <a href=\"https:\/\/ejfms.deqepub.org\/wp-content\/uploads\/2022\/12\/EJFMS-6.5-48-61.pdf\">FULL PDF<\/a><\/strong><\/p>\n","protected":false},"author":1,"template":"","journal_article_cats":[173],"class_list":["post-3524","journal_article","type-journal_article","status-publish","hentry","journal_article_cat-vol-6-no-5"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v26.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small Business Funding and Survival of SME&#039;S in Nigeria: A Regression Analysis - European Journal of Finance and Management Sciences<\/title>\n<meta name=\"description\" content=\"The study examined small business funding and survival of SME\u2019S in Nigeria. The study specifically examined the effect of Government Enterprise and Empowerment programme (GEEP), Cassava bread support fund MSMES Survival fund and textile survival fund on the profit for the year of SMES in Nigeria. Data for the study was sourced from published article of bank of industry, result of the analysis shows that Government Enterprise and Empowerment programme (GEEP) has significant effect on profit for the year of SMES in Nigeria. It was also observed that cassava bread support fund has a significant effect on profit for the year of SMES in Nigeria. The study further shows that MSMES survival fund does not have significant effect on profit for the year of SMES in Nigeria. It was equally observed that textile survival fund affects profit for the year of SMES in Nigeria based on the findings, the study recommended among others that SMEs leaders should not avoid external finance as part of sources of finance to developing their businesses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/deqepub.org\/ejfms\/journal_article\/small-business-funding-and-survival-of-smes-in-nigeria-a-regression-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small Business Funding and Survival of SME&#039;S in Nigeria: A Regression Analysis\" \/>\n<meta property=\"og:description\" content=\"The study examined small business funding and survival of SME\u2019S in Nigeria. The study specifically examined the effect of Government Enterprise and Empowerment programme (GEEP), Cassava bread support fund MSMES Survival fund and textile survival fund on the profit for the year of SMES in Nigeria. Data for the study was sourced from published article of bank of industry, result of the analysis shows that Government Enterprise and Empowerment programme (GEEP) has significant effect on profit for the year of SMES in Nigeria. It was also observed that cassava bread support fund has a significant effect on profit for the year of SMES in Nigeria. The study further shows that MSMES survival fund does not have significant effect on profit for the year of SMES in Nigeria. It was equally observed that textile survival fund affects profit for the year of SMES in Nigeria based on the findings, the study recommended among others that SMEs leaders should not avoid external finance as part of sources of finance to developing their businesses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/deqepub.org\/ejfms\/journal_article\/small-business-funding-and-survival-of-smes-in-nigeria-a-regression-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"European Journal of Finance and Management Sciences\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/deqepub.org\/ejfms\/journal_article\/small-business-funding-and-survival-of-smes-in-nigeria-a-regression-analysis\/\",\"url\":\"https:\/\/deqepub.org\/ejfms\/journal_article\/small-business-funding-and-survival-of-smes-in-nigeria-a-regression-analysis\/\",\"name\":\"Small Business Funding and Survival of SME'S in Nigeria: A Regression Analysis - European Journal of Finance and Management Sciences\",\"isPartOf\":{\"@id\":\"https:\/\/deqepub.org\/ejfms\/#website\"},\"datePublished\":\"2022-12-18T07:45:32+00:00\",\"description\":\"The study examined small business funding and survival of SME\u2019S in Nigeria. The study specifically examined the effect of Government Enterprise and Empowerment programme (GEEP), Cassava bread support fund MSMES Survival fund and textile survival fund on the profit for the year of SMES in Nigeria. Data for the study was sourced from published article of bank of industry, result of the analysis shows that Government Enterprise and Empowerment programme (GEEP) has significant effect on profit for the year of SMES in Nigeria. It was also observed that cassava bread support fund has a significant effect on profit for the year of SMES in Nigeria. The study further shows that MSMES survival fund does not have significant effect on profit for the year of SMES in Nigeria. 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The study specifically examined the effect of Government Enterprise and Empowerment programme (GEEP), Cassava bread support fund MSMES Survival fund and textile survival fund on the profit for the year of SMES in Nigeria. Data for the study was sourced from published article of bank of industry, result of the analysis shows that Government Enterprise and Empowerment programme (GEEP) has significant effect on profit for the year of SMES in Nigeria. It was also observed that cassava bread support fund has a significant effect on profit for the year of SMES in Nigeria. The study further shows that MSMES survival fund does not have significant effect on profit for the year of SMES in Nigeria. 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