The Federal Government has begun the second batch of the Survival Fund for Micro, Small and Medium sized Enterprises
The conditional grant is designed to cushion the effect of businesses impacted by Covid-19 in the country.
The N75 billion MSMSE Survival Fund aims to support vulnerable enterprises in growing their businesses through payroll support and other creative measures to make their businesses remain afloat.
Application is ongoing at the Agency’s official website” htp/ survivalfund.gov.ng/
Requirements for qualification for companies include a staff strength of no less than 3 persons, must be owned by a Nigerian, registered in Nigeria with the CEO having a BVN
Others covered by the Fund include the self- employed – manual workers- plumbers,electricians,mechanics and drivers.