Site icon Info Padi

Federal Government Grant for NYSC Corp Members, Entrepreneurs and Nigerian Students 2019/2020- Apply

Federal Grant
Spread the love

Federal grant is an award of financial assistance which has been created and authorized by a Nigerian law, given by a federal agency to a recipient, to carry out a specific public purpose. The FG grant is from ₦50,000 to ₦5,000,000. In this case, the grant is given to NYSC Corp Members, Entrepreneurs and Nigerian Students to better his/her life.

The major challenge most persons especially the young ones interested in setting up a business or implementing a research face is the funding of such project.

Are you among those asking- “What is government grant?” Simply explained, a grant is one of the ways the government funds ideas and projects to provide public services and stimulate the Nigerian economy.
Federal grants are funds given freely to citizens with great ideas and potentials to boost the nations economy. If you have to pay money to claim a government grant, it means it isn’t really free and may be a different scheme entirely just like the Trader Moni Loan Scheme
The collateral is not certain when applying for a federal grant.

Categories for FG Grant Application

This Grant program provides funding ranging from N50, 000 to N5, 000,000 to individuals in the following categories:

Entrepreneurs: Get Start up Grant to establish your dream Business.

NYSC Corp Members: As a Registered Corp Member you can apply for grant to start up or build your business.

Students: Students grants for Business or Educational fees

To be eligible for federal grant programs you must meet the requirements which includes that you have financial need, are a Nigerian citizen or eligible non-citizen. You’re an undergraduate student who’s enrolled full-time or part-time. A serving NYSC corp member.

Types of Federal Government Grant in Nigeria 2019

  • Federal Government Grants for Agriculture
  • National Institutes of Health Grant
  • Cybertipline Grant
  • Bank of Industry (BOI) Grant
  • FEDERAL GOVERNMENT GRANT APPLICATION FROM WORLD BANK 2019
  • Social Intervention Fund of FG
  • GOVERNMENT’S NATIONAL SOCIAL INVESTMENT PROGRAMME (N-SIP)
  • GOVERNMENT ENTERPRISE AND EMPOWERMENT PROGRAMME (GEEP)

How do I apply for a government grant?

You can apply for the grant by following the instructions contained in this article. Please be careful so you don’t fall a victim of grant scams.

Visit the official grant website. The government site contains easily-searchable listings for many federal grants.

How to Register/Apply for Federal Government Grant Application 2019/2020

Federal government gives loans to those who are not qualified for grants. There are programs like tradermoni, marketmoni, farmer moni etc that gives loans. You will be required to pay the loan back, grants do not have to be paid back under most circumstances.

The infopadi team now believes that you can properly apply for the Federal Government Grant, please do not fail to connect with us via our various platforms. For more clarity contact our admin.

CONNECT WITH US

JOIN US ON FACEBOOK- CLICK HERE

JOIN US ON TWITTER- CLICK HERE

SPEAK WITH ANY OF OUR ADMIN- CLICK HERE

We hope this information is helpful. Do well to subscribe to our blog for free using your Email for more Grants and loans updates.

Exit mobile version