THE ROLE OF MENTORSHIP AND NETWORKING IN FOSTERING BUSINESSSUCCESS FOR FEMALE ENTREPRENEURS INSOUTH-WEST NIGERIA.


AINA, Adeola Temitope
Department of Business Administration
Unicaf University in Malawi, Lilongwe, Malawi. +265 111 755 333, info@unicafuniversity.com,
https://unicafuniversity.ac.mw/
Author’s Phone: +234 8099454464; Email: topeaina@gmail.com

DURUGBO, Chidinma Maudlyne
Department of Business Management
Babcock University, Ilishan, Ogun State, Nigeria. +2347035556536, info@babcock.edu.ng
https://www.babcock.edu.ng
Author’s Phone: +2348029554231;
Email: chidinmadurugbo@gmail.com

Abstract
Female entrepreneurship drives economic growth and innovation, but women-led businesses face systemic barriers.
Mentorship and professional networking are critical factors influencing entrepreneurial outcomes. This study explored the role of mentorship and networking in fostering the growth and sustainability of female entrepreneurs in South West Nigeria (Lagos, Ibadan, and Abeokuta). Employing a mixed-methods approach, the study examined the
effectiveness of existing mentorship programs, identifies barriers to accessing mentorship and networks, and
highlights the value of female mentors and women-focused networking groups. Findings revealed that mentorship and networking enhance business performance, confidence, and resilience among women entrepreneurs. However,
disparities in access persist, particularly for those in underserved communities. The study concluded with
recommendations for policymakers, institutions, and corporations to design inclusive mentorship and networking initiatives that empower female entrepreneurs and contribute to closing the gender gap in entrepreneurship.

Keywords: Female entrepreneurship, Mentorship, Networking, Gender bias, Business success.

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