2021 General MSME Grant & the Guaranteed Offtake Stimulus Scheme Application

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2021 General MSME Grant & the Guaranteed Offtake Stimulus Scheme Application for Nigerians

The Steering Committee of the MSMEs Survival Fund and Guaranteed Off-take Stimulus Scheme chaired by the Honorable Minister of State (Federal Ministry of Industry, Trade and Investment), Ambassador Mariam Y. Katagum, wishes to announce the commencement of the Guaranteed Off-take Stimulus Scheme and the MSME Grant portal opening from the 9th February, 2021.

The Guaranteed Offtake Stimulus Scheme

The Guaranteed Offtake Stimulus Scheme is aimed at protecting and sustaining the incomes of vulnerable Micro and Small Enterprises by guaranteeing the offtake of their products. A total of 100,000 Micro and Small Enterprises are to benefit from the scheme. The total target national number of beneficiaries is 100,000 (Lagos 3,880, Kano 3,280, Abia 3,080 while other States will each have 2,640 beneficiaries).

The Qualification Criteria for the Scheme are as follows: 

  1. Applicants must be a Nigerian National
  2. Applicant must be registered with the Corporate Affairs Commission (CAC) with at least a business name.
  3. Applicant must be ready to produce under NAFDAC and SON specifications
  4. Applicant must have a verifiable BVN and Bank account number
  5. Applicant must have at least 2 staff members.

The General MSME Grant

The General MSME Grant is a one-off grant of N50,000 that will be given to each qualified MSME as direct cash injection into their enterprise. The total number of beneficiaries in this track is 100,000 spread across the States

 

All potential beneficiaries must meet the following criteria:
1. Must be a Nigerian national

2. Must be registered with the Corporate Affairs Commission (CAC) with at least a Business Name certificate

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3. All applicants must have a verifiable BVN and Bank account number

 

For further details, please visit: www.survivalfund.gov.ng

Kindly note that 2021 General MSME Grant & the Guaranteed Offtake Stimulus Scheme Application registration for this scheme is ABSOLUTELY FREE. Beware of fraudsters

 

 

Important Notes

  • The above statements are intended to describe the general nature and level of work to be performed by people assigned to this job.
    They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
    All personnel may be required to perform other responsibilities in addition to those specified from time to time, as needed
    • We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web
    • We are an equal opportunity employer and value diversity inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices
    • Our people are all equally gifted in unique ways: we come from diverse traditions, personal experiences and points of view. And we want to include yours, Are you ready to inspire us with your ideas?
    • We encourage all applicants to apply and does not practice any discrimination in any recruitment process.
    • Applications submitted after the deadline will not be considered.
    • Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline
    • Only qualified candidates will be invited for interview