Survival Fund Application & How to Apply For Free Government Funds. Find out everything there is to know about the MSME Survival Fund.
But first, let’s go over the application process.
Are you still waiting to get your MSME Survival Fund? Do you want to learn how to apply for MSME Survival Fund Free Business Registration and be successful? See all you need to know about government funds and how to apply for them.
How to Apply for Government Funds
You can register with your business for free under Medium Small & Micro-Entrepreneurs (MSME). President Muhammadu Buhari of Nigeria has approved the payment of $250,000 to business owners with companies registered with the Corporate Affairs Commission (CAC).
This sum, however, will be distributed to all registered business individuals.
Additionally, you can check the appropriate handles for update _ keep a tab on the President’s media aid PA’s Twitter Handle for updates.
How to Apply for Nigeria Youth Investment Fund (NYIF)
Application & Benefits (Check the NYIF website for details)
- Also, you can opt for the free CAC registration since it is still available
- Go to www.cac.gov.ng to access the CAC portal.
MSME Survival Fund Free Business Registration
The cash will help Nigerian businesses grow and expand their business prospects through entrepreneurship.
Also, this is part of the government’s post-Covid-19 Pandemic Survival intervention to help micro and small companies.
Furthermore, Buhari’s P.A on New Media, Bashir Ahmad, announced on Twitter that the CAC will register 6,600 business names in 34 states across the Federation.
Impliedly, the number of states that would profit from this fund will not be distributed evenly; Abuja will receive 7906, Lagos 9048, and Kano 8400.
What Do You Need to Apply for Government Funds
You do not have to spend anything to apply for this scheme because it is free.
So, you can prepare your application as soon as possible, follwoing the cues onscreen.
The Nigerian government is doing everything to empower Nigerian youths and foster positive economic partnerships both within and beyond the country.
Nigerian youths should seize this chance since it will secure a high level of life, minimize corruption, and boost development.
This will also help to create jobs in the country’s current situation.
- You’ll need three (3) suggestions.
- two (2) photographs of passport size
- Valid Identification Methods
- Email Address/Phone Number
Recommended: Other Funding Opportunities
Apart from the announced free registration for Nigerian MSMEs, the following funds are also available for the target businesses. Here is the list.
List of Funding Programs and Available Grants for African Start-ups