Home Nigeria Business News Survival Fund Application 2020 For MSMEs & Artisans (N75 Billion)

Survival Fund Application 2020 For MSMEs & Artisans (N75 Billion)

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Survival Fund Application 2020 For MSMEs & Artisans (N75 Billion): 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 21.

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.

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Survival Fund Application 2020 For MSMEs & Artisans (N75 Billion).

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.

FG MSMEs Survival Fund 2020.

“Nigerians interested in the Payroll Support scheme are to note that the site for registration will be open from 10 pm Monday September 21, 2020.”

“In order to ensure seamless registration process, the Project Delivery Office has designed a registration schedule.”

“Registration for Payroll Support will start with educational institutions on Monday and will be followed with businesses in the hospitality industry on Friday September 25 beginning from 12 A.M.”

“The portal will also be open to other category of small businesses from 12 A.M., on Monday September 28, 2020,” the statement said.

MSMEs Survival Fund Registration Starting Dates.

  • Monday 21st September, 2020 – Education (Private Schools)
  • Friday 25th September, 2020 – Hospitality
  • Monday 28th September, 2020 – General (All Sectors)
  • See how to Apply Below;

Note: there are other Survival fund categories that are yet to commence (MSME grant and Guaranteed Offtake will commence after the payroll support. See more information here.

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Who’s Eligible for Survival Fund Application 2020?

  • 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 21, 2020.

Interested and qualified candidates who wants to benefit from the fund to take note of the schedule and visit www.survivalfundapplication.com OR www.survivalfund.ng  to register for the payroll support initiative.

Deadline: October 15, 2020

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