Effect of Government Policies on Small and Medium Enterprises (SMEs) Support Programs in FCT Abuja (Published)
This study examines the effect of government policies on SME support programs in Abuja, focusing on their impact on SME growth, sustainability, and contribution to economic development. The research aims to evaluate how policy frameworks, funding mechanisms, and regulatory environments influence the effectiveness of these programs. A survey method was employed to collect data from key stakeholders, including SME owners, government officials, and program coordinators. A total of 135 questionnaires were administered to experienced participants, providing detailed insights into the dynamics of government policies and their role in SME development. Linear regression analysis was used to analyze the data. The findings are expected to contribute to a comprehensive understanding of the strengths and challenges within existing SME support programs, highlighting gaps in policy implementation and areas requiring improvement. The study underscores the importance of aligning government interventions with the evolving needs of SMEs to enhance inclusivity, innovation, and competitiveness. Based on the findings, recommendations are proposed to optimize policy frameworks, promote efficient resource allocation, and foster a more enabling environment for SMEs in Abuja. These insights aim to strengthen government support programs and improve the overall performance and sustainability of SMEs in the region.
Keywords: Economic Development, Government Policies, SME growth, Sustainability