The FGN Survival Fund Guaranteed Off Take Fund Stimulus Scheme MSME Grant Portal is open. Easy steps on how to apply for Guaranteed Offtake Fund Stimulus Scheme MSME Grant 2021. Click Here to Apply
FGN Survival Fund Guaranteed Off Take Stimulus Scheme
The program is chaired by the Honorable Minister of State (Federal Ministry of Industry, Trade and Investment), Ambassador Mariam Y. Katagum. We are using this medium to announce the commencement of the Guaranteed Off take Stimulus Scheme and the MSME Grant portal opening from the 9th February, 2021.
The Guaranteed Offtake Stimulus Scheme
The Guaranteed Offtake Stimulus Scheme is aimed at protecting and sustaining the incomes of vulnerable Micro and Small Enterprises by guaranteeing the offtake of their products. A total of 100,000 Micro and Small Enterprises are to benefit from the scheme. The total target national number of beneficiaries is 100,000 (Lagos 3,880, Kano 3,280, Abia 3,080 while other States will each have 2,640 beneficiaries).
The Qualification Criteria for the Scheme are as follows:
- Applicants must be a Nigerian National
- Applicant must be registered with the Corporate Affairs Commission (CAC) with at least a business name.
- Applicant must be ready to produce under NAFDAC and SON specifications
- Applicant must have a verifiable BVN and Bank account number
- Applicant must have at least 2 staff members.
The General MSME Grant
The General MSME Grant is a one-off grant of N50,000 that will be given to each qualified MSME as direct cash injection into their enterprise. The total number of beneficiaries in this track is 100,000 spread across the States.
All potential beneficiaries must meet the following criteria:
1. Must be a Nigerian national 2. Must be registered with the Corporate Affairs Commission (CAC) with at least a Business Name certificate 3. All applicants must have a verifiable BVN and Bank account number.
How to Apply for FGN Survival Fund Guaranteed Off Take Fund Stimulus Scheme
For further details, click link to apply: https://www.survivalfund.gov.ng
Kindly note that 2021 General MSME Grant & the Guaranteed Offtake Stimulus Scheme Application registration for this scheme is ABSOLUTELY FREE. Beware of fraudsters.
If you liked this article, then please subscribe to our website using your email for more JOB TIPS/AVAILABLE OPPORTUNITIES. Subscription is free.
How to be updated regularly
Kindly subscribe to the site using your Email address for more updates for FREE