Archives Tag: MSMEs

Opportunities

Apply for the Boost Your Business (BYB) Workshop

April 19, 2022

  NerdzFactory Foundation, in collaboration with Access, is announcing applications for the Boost Your Business Workshop program. Read more about Opportunities The Boost Your Business Workshop is designed to engage and empower youth and women-led micro, small, and medium enterprises (MSMEs) with relevant tools and skills to “scale, thrive, and drive sustainable business growth” in … Continue reading Apply for the Boost Your Business (BYB) Workshop

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Opportunities

Apply For the Lagos CARES Grant for MSMEs in Lagos

April 19, 2022

  In the past year, Nigerians have witnessed economic hardship more than they have ever seen in the country’s over 63 years of existence. The inflation rate has risen to over 33% after the removal of the subsidy on fuel, which led to a hike in the cost of fuel. MSMEs are left at the … Continue reading Apply For the Lagos CARES Grant for MSMEs in Lagos

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Opportunities

Apply For the Access Bank Youthrive Program for MSMEs

April 19, 2022

  Access Bank has launched its Youthrive program to empower individuals and MSMEs through business exchange, financial empowerment, and capacity development. The Youthrive program aims to financially empower over 4 million youths within the next four years. Read more about Opportunities Some of the benefits of the program include: Empowering youths with practical skills that … Continue reading Apply For the Access Bank Youthrive Program for MSMEs

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Opportunities

Apply For the SEEDINVEST Acceleration Program for MSMEs

April 19, 2022

  In a bid to drive Nigeria’s entrepreneurial revolution, the “Biodun and Ibikunle Foundation” has announced the SEEDINVEST Acceleration Program for medium and small enterprises. Read more about Opportunities The Program will empower small and micro enterprises with entrepreneurial training, asset grants, and advisory services to help them scale up operations. To be eligible for … Continue reading Apply For the SEEDINVEST Acceleration Program for MSMEs

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Grants Opportunities

How to Apply for the FG’s ₦200 Billion Public Intervention Fund for Businesses

April 19, 2022

  On April 22, 2024, the Federal Government of Nigeria announced the launch of a Public Intervention Fund for MSMEs and manufacturers in Nigeria. Through this initiative, loans and grants totalling ₦200 billion will be disbursed to qualified businesses which apply for them. Read more about Grants Publicly available information indicates that the funds will … Continue reading How to Apply for the FG’s ₦200 Billion Public Intervention Fund for Businesses

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Opportunities

Access Bank Youthrive Program for Individuals and MSMEs

April 19, 2022

  Access Bank, in collaboration with the office of the Vice President, is organizing the Youthrive program. This initiative targets individuals and MSMEs and is intended to equip them with the skills they need to build their professional and business capacities. The program also offers them financial support and business exchange, which will see them … Continue reading Access Bank Youthrive Program for Individuals and MSMEs

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Opportunities

Lagos State Employment Trust Fund Grant for MSMEs

April 19, 2022

  The Lagos State Government, through the Lagos State Employment Trust Fund (LSETF) is inviting MSMEs in the state to apply for grants under the COVID-19 Action Recovery and Economic Stimulus (CARES) program. If they meet preset criteria, they could receive grants of up to ₦1 million. This program is aimed at supporting the recovery … Continue reading Lagos State Employment Trust Fund Grant for MSMEs

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BUSINESS

DBN Disburses N482bn To Boost MSMEs

April 19, 2022

The Development Bank of Nigeria Plc (DBN), announced it has shelled out a total sum of N482 billion to Micro, Small, and Medium Scale Enterprises (MSMEs) in the country since its commencement. The bank revealed that 65 percent of the beneficiaries were women and youth-owned businesses.  This was stated at its 2022 Annual General Meeting … Continue reading DBN Disburses N482bn To Boost MSMEs

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FinTech

How Fintech Companies Can Financially Include Underserved Micro, Small and Medium Enterprises (MSMEs) In Nigeria. 

April 19, 2022

Despite the rise of FinTech companies in Nigeria, over 80% of micro, small and medium businesses are financially excluded. It is not strange that petty traders in Nigeria are not aware of the opportunities FinTechs offer. Read more about FinTech Most often, this FinTechs focus on big businesses or businesses captured on online data and … Continue reading How Fintech Companies Can Financially Include Underserved Micro, Small and Medium Enterprises (MSMEs) In Nigeria. 

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BUSINESS

African Continental Free Trade Area (AfCFTA) Agreement Opportunities For Nigerian MSMEs

April 19, 2022

  In the words of Cyril Ramaphosa, President of South Africa ‘A  free trade area for Africa is going to be like a flood. A flood that is going to lift all the boats. It is more about all of us. All countries of Africa participating – big and small.’ The AfCFTA has been lauded … Continue reading African Continental Free Trade Area (AfCFTA) Agreement Opportunities For Nigerian MSMEs

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BUSINESS

Lagos Plans To Open Subsidised Workspace For Thousands Of MSMEs

April 19, 2022

  The Lagos State government has revealed that it plans to open a new workspace for Small and Medium Enterprises in the state. It says that the hub will be located at Cappa, in the Oshodi district of the state. Read more about Business Governor Babajide Sanwo-Olu made this known at the 7th Lagos Corporate … Continue reading Lagos Plans To Open Subsidised Workspace For Thousands Of MSMEs

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BUSINESS

FG Plans $1 Billion Syndicated Term-Loan For MSMEs In Nigeria

April 19, 2022

  The Federal Government says it’s preparing a $1 billion loan facility targeted at MSMEs in Nigeria. The loan will be managed by the Bank of Industry (BOI). Read more about Business This was disclosed by the Minister of Industry, Trade and Investment, Adebayo Niyi, at an MSME Survival Fund capacity building program held in … Continue reading FG Plans $1 Billion Syndicated Term-Loan For MSMEs In Nigeria

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BUSINESS

FG Rolls Out Survival Fund Program For Nigerian MSMEs

April 19, 2022

  The Federal Government has launched a survival fund program to support Micro Small and Medium Enterprises (MSMEs) through the challenges brought about by the COVID-19 pandemic. Read more about Business The program includes Payroll Support, Guaranteed Offtake, and MSME Grant among others, all part of the National Economic Sustainability Plan. Criteria  To qualify for … Continue reading FG Rolls Out Survival Fund Program For Nigerian MSMEs

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BUSINESS Opportunities

How To Apply For The Federal Government MSME Survival Fund

April 19, 2022

  The MSME Survival Fund is a ₦75 billion facility set up by the Federal Government to help small businesses get through the operational difficulties brought on by the COVID-19 pandemic. It’s part of a broader ₦2.3 trillion Economic Sustainability Plan that’s aimed at engineering the country’s economic recovery from the effects of the coronavirus … Continue reading How To Apply For The Federal Government MSME Survival Fund

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BUSINESS

Registration for the Federal Government’s MSME Survival Fund Commences

April 19, 2022

The Federal Government has announced a registration schedule for businesses interested in partaking in its payroll support scheme for MSMEs. A statement to this effect was issued by the Project Delivery Office in Abuja on Sunday. According to the statement, the registration will begin by 10 PM on Monday, September 21, with educational institutions being … Continue reading Registration for the Federal Government’s MSME Survival Fund Commences

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