Registration is on for the FGN COVID-19 N75bn MSME survival fund

Interested applicants have started registration for the N75bn National MSME Survival Fund and the Guaranteed Off-take Stimulus schemes under the Nigeria Economic Sustainability Plan. The registration for the MSME Survival Funds commenced on Monday 21st September 2020.

The two MSMEs initiatives namely, the MSME Survival Fund with the Payroll support track as the first scheme to roll out (60 Billion Naira) and the Guaranteed Offtake Scheme (15 Billion Naira) is to help cushion the impact of the COVID-19 pandemic with a view to boosting the economy by saving existing jobs and creating new job opportunities.

The scheme targets two categories of beneficiaries namely; employees of MSMEs and Self-employed individuals, both schemes have made provision for a 45% female business participation and special needs participation of 5%.

You can access the link to the registration site https://www.survivalfund.ng/ and follow instructions and requirements for registration

About the Author: SME Enabler

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