Call for Application: SMEDAN Conditional Grants and Loan To Boost SMEs - Apply Now
Saturday 23 December 2023
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Under the scheme, SMEs can receive grants with the condition that they employ at least one person, addressing crucial issues of access to finance and unemployment challenges. The Minister of Industry, Trade, and Investment, Doris Uzoka-Anite, lauded the scheme as a strategic intervention providing financial support to deserving nano and micro-enterprises. The grants aim to equip businesses with resources to scale and contribute meaningfully to the nation's economic prosperity. CONTINUE READING.....
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SMEDAN's new headquarters, boasting innovative work hubs and cutting-edge facilities, further underscores its commitment to economic empowerment, job creation, and industrial development. For those eager to explore this opportunity, detailed information about the scheme can be found here. Additionally, the SMEDAN Loan portal offers avenues for business loans.
This initiative aligns with the broader efforts of the Nigerian government, which recently opened an application portal for its presidential conditional grant, offering substantial support to nano businesses. With a grant of N50,000 per beneficiary, the program aims to assist one million small businesses across all 774 local government areas. The application process involves collaboration with state governments, ministers, NASMEs, senators, and representatives, employing specific selection criteria to shortlist beneficiaries. CONTINUE READING....
As the economic landscape evolves, the SMEDAN Conditional Grants and Loan scheme stand as a beacon for Nigerian entrepreneurs seeking to elevate their businesses and contribute to the nation's economic resilience. Apply now and be part of this transformative journey.
For SMEDAN Loan Portal: https://cip.smedan.gov.ng/
For SMEDAN Grant Portal: https://smedan.gov.ng/conditional-grant-scheme/
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