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SMEDAN Conditional Grant Scheme (₦50,000)

Country:
Nigeria
Amount:
₦50,000
Deadline:
Open all year

Funder: SMEDAN

Apply on official site

In short

A ₦50,000 non-repayable grant for nano and micro businesses, linked to employing at least one person.

About this opportunity

The Conditional Grant Scheme from the Small and Medium Enterprises Development Agency of Nigeria gives eligible nano and micro businesses a ₦50,000 non-repayable grant to buy equipment, restock and support operations. Reports say the grant is conditional on the business employing at least one person, and that businesses first register with SMEDAN to receive a SMEDAN Unique Identification Number. No application deadline is published, and the scheme may run in rounds, so check the official SMEDAN portal for whether applications are currently open. The scheme is sometimes confused with the Presidential Conditional Grant Scheme run with the Bank of Industry, so use only official government channels, and never pay a fee to apply.

Requirements

  • Nano or micro business operating in Nigeria

  • Willing to employ at least one person

  • Registered with SMEDAN

Also good to have

  • Business bank account

Always confirm on the official page before applying.

How to apply

  1. 1

    Register with SMEDAN

    Registration is free online and gives you a SMEDAN Unique Identification Number.

    Open step link
  2. 2

    Check whether the grant is open

    Confirm on SMEDAN's official channels that applications are currently being received.

  3. 3

    Apply through official channels only

    Do not pay anyone to apply on your behalf.

Documents you will need

  • Other

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