This article critically examines some of the financing sources available to small and medium‐sized enterprises (SMEs) and factors that influence investor's decisions. Based on a qualitative approach, this study draws on evidence from Nigerian digital firms, public, and private financers to explore suitable entrepreneurial financing model for SMEs. Thus, it extends the understanding of combinations of entrepreneurial finance and funding in the African context. The study offers fresh and rare illustrative insights on how public–private entrepreneurial finance partnership will provide affordable and adequate access to entrepreneurial finance. It further highlights the impact and relevance of different entrepreneurial financiers on SMEs development and growth. It recommends a collaborative partnership initiative that involves public and private financial consultants and business incubators working together to ensure that SMEs have access to appropriate finance for growth, development, and business sustainability.

中文翻译：

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尼日利亚的公私企业融资伙伴关系模型

本文批判性地研究了中小企业可用的某些融资来源以及影响投资者决策的因素。基于定性方法，本研究借鉴了尼日利亚数字企业，公共和私人融资机构的证据，以探索适合中小企业的创业融资模式。因此，它扩展了对非洲背景下企业融资与资金结合的理解。该研究提供了关于公私合营企业融资伙伴关系将如何提供负担得起且充足的企业融资途径的新鲜而罕见的说明性见解。它进一步强调了不同的企业家融资者对中小企业发展和增长的影响和相关性。