Giwa-osagie S.

This study examined the impact of venture capital financing on the performance of Small and Medium Scale Enterprises (SMEs) in Benin City, with emphasis on growth, profitability, and innovation capacity. The study adopted a survey research design and primary data were collected through the administration of structured questionnaires to 205 SME owners and managers who have received or sought venture capital support. A total of 198 valid responses were retrieved and analyzed using descriptive statistics and multiple linear regression. The descriptive results revealed that respondents generally perceive venture capital financing as
a catalyst for business expansion, increased revenue, operational efficiency, and enhanced innovative capability. The inferential analysis further confirmed these perceptions. The regression results showed that venture capital financing has a significant positive effect on SME growth ,profitability, and innovation indicating that venture capital financing explains 67.9% of the variation in SME performance. The findings reveal that venture capital financing significantly contributes to the growth and competitiveness of SMEs by providing not only financial support but also managerial expertise, mentorship, and access to networks. However,
challenges such as limited awareness, inadequate regulatory frameworks, and high investment risks hinder the full realization of venture capital’s potential. In Benin, however, the venture capital market remains underdeveloped due to regulatory bottlenecks, low investor confidence, and limited awareness among entrepreneurs. The study concludes that venture capital financing plays a strategic role in improving SME performance in Benin City by fostering growth, increasing financial outcomes, and encouraging
innovation. It recommends that government and private sector stakeholders enhance access to venture capital through policy support, investment incentives, and awareness programmers, in order to strengthen SME development and economic sustainability and also strengthening Nigeria’s venture capital framework is essential for unlocking the full potential of SMEs in driving sustainable economic growth and competitiveness.

This study investigates the influence of entrepreneurial mind-set, innovation, business skills, and digital technology on the marketing performance and sustainability of small businesses in Benin City, Nigeria. A total of 100 questionnaires were distributed to small business owners and entrepreneurs across Benin City, and all were duly completed and analysed using descriptive
statistics and chi-square tests through SPSS software, representing a 100% response rate. The chi-square analysis revealed four key findings: (1) there is a significant relationship between an entrepreneur’s mind-set and marketing success, indicating that proactive and growth-oriented entrepreneurs tend to achieve higher business stability; (2) entrepreneurship, innovation, and
risk-taking significantly affect marketing strategy, showing that innovative entrepr between business skills and marketing competitiveness, emphasizing that financial management, planning, and communication skills enhance marketing performance; and (4) digital technology significantly improves marketing effectiveness, highlighting the role o