In as much as I advise SMEs and prospective entrepreneurs to look for grants to aid their business/productions, there is also a need to caution them from applying for every grants.
Before applying for any grants, verify the organization issuing the grants. Many web designers today host many such websites to steal people's business ideas.
I know many of us are currently subscribed to some websites alerting us about new grants. For the safety of your idea, don't just go through the link on that website, verify the information on Google or better still on the organization's website itself. Many of them end up selling off your idea for personal gains.
One has to be security conscious in a country where patency and royalty are still something strange.
You may simply be among those saying that the investment in the SMEs in Nigeria has not shown any proportional effect and therefore should not be adequately funded. Obewe Nwachinemere has this to say:
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