Bank of Industry (BOI) was established in 2001 to promote industrial development in Nigeria. It provides financing and business support services to entrepreneurs, especially small and medium enterprises. BOI's key activities include project identification, resource mobilization, financing, and business development support. It offers various products like loans, equity financing, and infrastructure development. BOI also partners with other development institutions and aims to support Nigerian businesses globally. It collaborates with state governments on programs like entrepreneurial training boot camps and establishing industrial parks and matching funds to further promote industrialization and SMEs nationwide.