Originally posted 2020-09-25 19:58:30. Republished by Blog Post Promoter
Federal Govt MSMEs Survival Fund Application: (www.survivalfundapplication.com) Nigeria Federal Government Survival Fund For MSMEs and Artisans application form portal has officially open. The Federal government has announced that registration for the N75 billion survival fund for Micro, Small and Medium Enterprises (MSMEs) will begin on Monday, September 28.
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MSMEs Survival Fund Application
The Federal government has announced that registration for the N75 billion survival fund for Micro, Small and Medium Enterprises (MSMEs) will begin on the 28th of September 2020.
MSMEs Survival Fund Salary
The Payroll support scheme is expected to assist about 500,000 vulnerable MSMEs in meeting payroll obligations of between N30,000 to N50,000 per employee over 3 months.
Businesses in the hospitality industry will have access on Friday 25 September 2020 from 12 A.M., while, other categories of small businesses will be able to register from 12 A.M., on Monday, September 28, 2020.
A statement issued in Abuja on Sunday, 20th September, 2020, by the Project Delivery Office said the portal which opens at 10 pm on Monday the 21st, would have educational institutions as the first category of beneficiaries to register.
MSMEs Survival Fund Payroll Support Timetable
- Monday 21st September 2020 – Education (Private Schools)
- Friday 25th September 2020 – Hospitality
- Monday 28th September 2020 – General (All Sectors)
MSMEs Survival Fund Application Requirements
A. Employees’ company Must be registered in Nigeria under the Corporate Affairs Commission, CAC
B. Must have BVN by company CEO
C. Must have a staff strength of no less than 3 persons
D. Must be owned by a Nigerian
How to Apply for Federal Government Survival Fund
- All Micro, Small, and Medium Enterprises in Nigeria are eligible to Apply.
- 75 Billion shall be shared across all MSMEs in Nigeria.
- At least 1.7 Million Nigerians Business will get the opportunity to benefit from this money.
- Application Opens 10.00 PM Monday, September 28, 2020.
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