Piqued by the unprecedented lull that has bedeviled Nigeria’s capital market in the last few years, stock market investors have urged the Securities and Exchange Commission (SEC), to interface with the government on measures that would promote venture capital in the country. Venture capital refers to the initial fund or equity capital made available to start-ups, and already existing companies by high worth individuals, corporate organizations, among others, who specialize in building high-risk financial portfolios, to foster growth and development. With venture capital, the venture capitalist gives funding to the start-up company in exchange for an equity stake in it, through which it can expand and approach the banks for loans. This is essential for start-ups with limited operating histories and high upfront costs, as many entrepreneurs have great ideas, but struggle to bring them to fruition due to lack of funding. Against this backdrop, investors noted that for small and medium-sized companies (SMEs) that are not yet large enough to go public, SEC, working with venture capital firms can be a good alternative to going through an initial public offering (IPO). According to them, there is a need for SEC to intensify enlightenment campaigns in the market, to enable shareholders and other market participants to fully understand the concept and apply it towards the growth of the market and the entire economy. They noted that these SMEs may grow and subsequently approach the capital market to raise more funds. Specifically, the President, Constance Shareholders Association, Shehu Mikail, said developing venture capital industries enables small businesses to grow by providing capital for their expansion, adding that these SMEs may grow and subsequently approach the capital market to raise more funds.