The MSMEs Survival Fund scheme is a conditional grant to support vulnerable micro and small enterprises in meeting their payroll obligations
The objective of the FG MSME CRM & MIS Platform is to help with the digital registration, onboarding and monitoring of Micro, Small and Medium Enterprises for the Federal Government Survival Fund Program. The program includes Payroll Support, Guaranteed Offtake and MSME Grant. The CRM & MIS Platform will also enable the inventory management of the Guaranteed Offtake Scheme. This program is part of the Economic Sustainability Plan, which aims to support and protect these businesses from the potential vulnerabilities brought about by the COVID-19 pandemic.
Nigeria has a large informal sector which contributes about 65 percent of its economic output and a large proportion of the population is clustered around the poverty line thus making them highly vulnerable to falling into poverty due to shocks. The MSME Revolving Guaranteed Off-take Scheme is one of the Federal Government’s economic support measures to assist micro and small businesses affected by the pandemic.
The Payroll Support Scheme is aimed at MSMEs adversely affected by the pandemic. The scheme will provide Payroll Support to a maximum of 10 employees per qualifying MSME.
Register to be part of this Federal Government Survival Fund Program with your business and(or) personal information.
Once fully registered on the platform, complete the onboarding process by adding Organisation, Bank and Employees details.
Once your application has been successfully verified, you are then eligible to get paid under the scheme applied for.
How To
User Onboarding
Upon registration, you will receive an activation code on the registered mobile number, you will be prompted to enter the activation code to activate your account. Ensure you use a password you can remember and your mobile number should be available.
Register Organization
Once you have successfully onboarded, you can register your Organisation. You will need basic information like CAC registration information to complete this.
Get Paid
Following verification of the information submitted during your registration and having met the selection criteria, your application will be eligible for payment as specified under the scheme applied for.
For More Information:
Visit the Official Webpage of the Federal Government Survival Fund Program
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