Abstract
Human capital is considered a major asset of any business. This is even more vital in a knowledge-driven economy, where non-visible factors and services are of increasingly significant. The focus of this study was to determine the impact of training assistance on the performance of SMEs in Lagos, Nigeria. Only few studies have investigated how training support programmes by government facilitate the performance of SMEs under Small and Medium Enterprises Agency of Nigeria (SMEDAN) in Nigeria. Descriptive research method was adopted for this study. Statistical Package for Social Sciences (SPSS 22) was used to analyse 203 copies of questionnaire retrieved. The reliability and validity of research instruments was also established. This data set indicated that training and development can facilitate innovative processes among SMEs owners to create economic, social values and remain globally competitive.