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FG Survival Fund Batch 2 is opened for 1 Week, Closes on Feb 2, 2020

Dayo Adetiloye Business Hub

FG Survival Fund Batch 2 is opened for 1 Week, Closes on Feb 2, 2020

The Steering Committee of the MSME Survival Fund and the Guaranteed Offtake Scheme Chaired by the Hon Minister of State, Federal Ministry of Industry, Trade and Investment, Ambassador Mariam Katagum, wishes to inform the Public that the MSME Survival Fund Payroll Support Portal will be exceptionally reopened for States that have not met their quota. 

25 Things You Need to know about 75Billion Naira MSME Survival Fund to support self-employed persons and MSMEs across Nigeria.

25 Things You Need to know about 75Billion Naira MSME Survival Fund to support self-employed persons and MSMEs across Nigeria.

The Federal government has announced the registration for the N75 billion survival fund for Micro, Small and Medium Enterprises (MSMEs) on Monday, September 21, last year.

The survival fund is a conditional grant to support vulnerable Micro and Small enterprises in meeting their payroll obligations and safeguard jobs in MSMEs from the shock of the COVID- 19 pandemic.

Requirements

The re-opening of the Payroll Support Portal will cut across all sectors, which are: educational, hospitality and general sector.

 

The public is reminded of the qualification requirements listed below:

 

  • Businesses must have CAC registration.
  • Businesses must have a minimum of 10 and a maximum of 50 staff.
  • Business must be owned by Nigerians.
  • Must have verifiable BVN.

Eligible States

  • Abia State
  • Adamawa
  • Akwa Ibom
  • Anambra
  • Bayelsa
  • Borno
  • Cross River
  • Delta
  • Ebonyi
  • Edo
  • Ekiti
  • Enugu
  • Gombe
  • Imo
  • Jigawa
  • Katsina
  • Kebbi
  • Kogi
  • Kwara
  • Lagos
  • Nassarawa
  • Niger
  • Ogun
  • Ondo
  • Osun
  • Oyo
  • Sokoto
  • Taraba
  • Yobe
  • Zamfara

Read Also: Survival Fund Frequently Answered Questions 

How to Apply for Covid 19 Nigerian Government 75Billion Naira MSME Survival Fund for Self Employed, Transporters, Artisans across Nigeria.

How to Apply for Covid 19 Nigerian Government 75Billion Naira MSME Survival Fund for Self Employed, Transporters, Artisans across Nigeria.

Free Video Training

A-Z of Survival Fund Registration for Pay Roll Support (Comprehensive Guide)

https://youtu.be/dwWYUcvExIc

 

Survival Fund: Documentation and Payroll Evidence Upload [Best Strategies]

https://youtu.be/KmUhu4Rsb7k

 

Benefit & Reward

The Scheme provides for 45% female participation and 5% Special Needs  participation.

 

The payroll Support Track of the MSME Survival Fund Scheme, a component under the Nigeria Economic Sustainability Plan, which was flagged off on the 21st of September 2020, is aimed at supporting vulnerable MSMEs in the payroll obligations of over 500,000 employees for a period of 3 Months.

Method of Application

The Portal will be open from 27th January to 2nd February 2021.

To date, the following States have met their quota and are consequently NOT ELIGIBLE to participate in reopening exercise. The States are: Benue, Plateau, Bauchi, Kano, Kaduna and Rivers and the FCT.

Interested and qualified business owners who wants to benefit from the fund should  click here to apply https://survivalfund.gov.ng/ for the payroll support initiative.

 

Source : https://www.intelregion.com/

 

 

 

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Dayo Adetiloye Business Hub
Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
Dayo Adetiloye Business Hub
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