The FATE Foundation has marked its 26th anniversary, reporting expanded reach across Nigeria’s entrepreneurship ecosystem and increased engagement with small business operators.
It said in a statement that over the past two and a half decades, the foundation has focused on supporting entrepreneurs to start, grow, and scale businesses.
The foundation said it has graduated 8,945 entrepreneurs from its flagship full-course programmes, while 247,332 participants have been reached through short courses, self-paced learning, and digital tools. It added that its podcasts and online platforms have extended its reach to over 1.7 million people.
According to the statement, its activities span all 36 states and the Federal Capital Territory, as well as Kenya, South Africa, the United Kingdom, and the United States.
It noted that its alumni contribute to job creation and value chain development within Nigeria’s micro, small, and medium-sized enterprise sector.
Executive Director, Ayomide Akindolie-Igwe, said the organisation remains focused on entrepreneurship development as a driver of economic growth. “For 26 years, FATE Foundation has stayed true to its mission of harnessing the entrepreneurial spirit of Nigerians to catalyse job creation and economic growth.
“As we mark this anniversary, we are celebrating our legacy and reaffirming the core mission that has defined our impact since inception. Looking ahead, we remain committed to deepening our support for entrepreneurs by expanding digital inclusion, broadening financial access for women and youth, and continuing to equip Nigerian businesses to start, grow, and scale sustainably in both local and global markets.
“We are deeply grateful to our Board, partners, volunteers, and every FATE entrepreneur. Your unwavering partnership is the foundation of our success. And to our team at FATE, past and present — thank you. This celebration, and all our accomplishments, would not be possible without your passion and tireless dedication.”
The organisation said it has introduced several initiatives aimed at supporting enterprise development over the years.
Dean and Director of The FATE School, Bambo Adebowale, said the programmes are designed to support business growth and sustainability. “At the FATE School, we witness the power of entrepreneurship every day — ideas turning into businesses, and businesses into livelihoods. Through our programmes, we don’t just train entrepreneurs; we catalyse growth, equipping them with the tools, networks, and confidence to build ventures that create real economic value.
“8,945 graduates over 26 years speaks to our reach, but our true impact lives in the businesses still standing, the jobs sustained, and the markets transformed. Our commitment is clear — practical, relevant support that meets entrepreneurs where they are and equips them to thrive in a changing economy.”
The foundation said it plans to expand digital access for entrepreneurs, improve access to finance through partnerships, and support job creation, while also engaging in data-driven advocacy aimed at improving the business environment.
