Africa's First Public Sector Grading System

The Business Grading System is an innovative SMEDAN initiative (in collaboration with Credit Rating Analytics) in which we have created the first public sector small business grading system in emerging markets. It aims to open up both business and funding opportunities for small businesses in Nigeria.

Placing Nigerian Businesses On The Map

Standardized Assessment

Provides a reliable evaluation of nMSMEs' performance and potential.

Showcases Your Business

Allows for a comprehensive understanding of your business

Improved Opportunities

Facilitates better access to finance and business opportunities.

Enhanced Credibility

Build trust with investors, customers, and partners through transparent assessment.

A System Built In Africa For Africa

The grading system was designed and implemented by Credit Rating Analytics (CRA) which is a specialist advisory firm. CRA developed the emerging market public sector model within a project for the World Bank Group and further refined it to the Nigerian market.

The system has been created primarily to open up business opportunities for SMEs wanting to boost sales and broaden their markets or market share.
A secondary feature of the grading system is its access to funding ability. This is in relation to both traditional (Bank, Microfinance Etc) as well as Non-traditional (Private Equity, Venture Capital Etc).
The nMSME grading academy has been created to upskill businesses in the areas that they are currently graded on. The courses are free and completion of these courses will boost grading scores.

The Project Is Backed By Key Stakeholders

The project has the buy-in of key internal stakeholders which increases the acceptance and credibility of these gradings. SMEDAN has created and manages the grading system which is currently a free service to Nigerian business. Please reach out to SMEDAN if you are charged for these gradings.