The website to apply for the N75BN Micro, Small and Medium Enterprise (MSMEs)
Survival Fund has opened and applicants who are interested in the scheme can now register.
The MSMES Survival Fund is an initiative that the Nigeria Government initiated to give money to support businesses that suffer from the sale of COVID-19 Pandemic in the country.
At least 1.7 million Nigerian that owns businesses will have the opportunity to benefit from this fund according to a tweet made by the Nigeria government official handle.
What on the Portal and How do you apply?
Furthermore, after accessing the portal, you will see the categories available, please kindly check this link to see list of available categories.
Firstly, the MSME Payroll Support will be the first to benefit from this program. The MSME Payroll Support is for business owners that couldn’t pay staff salary for the past three months.
Secondly, is the MSME Grant, this category is to support manufacturing sector with fund t increase production capacity and thirdly, the Guaranteed Offtake, these are medium, micro and small business enterprises that need fund to support their businesses.
You are encouraged to use the category that is applicable to you and no double registration is entertained.
Remember, the first category of business to benefit is the educational sector, which is set to commence 21 September 2020. Similarly, hospitality business such as hotels, bars, cinemas, restaurants and others can also register effective from 12 am on 25 September 2020.
And lastly, other businesses can apply on 28th September 2020.
Finally, it is important to take note of the following guidelines and sticky solemnly to what is given herein.
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