ISIPA BOI N5M Loan Application Form Portal 2025: Link and How to Apply – This post will guide you on the link to apply, general requirements, eligibility, application portal, form, and how to apply register for ISIPA BOI N5M Loan. Online registration is currently ongoing. ISIPA BOI Loan portal is open and you can apply using the official application link contained below.
What does ISIPA stands for ?
Imo State Investment Promotion Agency.
ISIPA was established by law in 2010 to facilitate, coordinate, grow and monitor all investments in the state economy with special focus on making the economy private sector driven.
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The investment promotion effort of the agency are geared towards proactively marketing Imo State, internationally, regionally and locally as an attractive investment “heartland” that offers an array of investment opportunities, therefore attracting the right type of investors that will positively contribute to the long term development of Imo State.
ISIPA, in collaboration with BOI, is providing loans to 30 micro-industrialists interested in accessing loan facilities of up to ₦5 million for machine acquisition.
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Requirements/Eligibility for ISIPA BOI Loan Application
In other to qualify for the ISIPA BOI N5M Loan, applicant must meet the following criteria below:
- Applicants must have an existing enterprise registered with the CAC (not a limited liability company).
- Must not have outstanding bad loans with any financial institution.
- Business must be located within Owerri Capital Territory, Ikeduru, Njaba, Nkwere, and neighboring towns around Owerri.
- Bank Verification Number (BVN).
- Digital National Identification Number (NIN).
- Passport photographs.
- Business plan.
- One-year bank statement.
- One guarantor (either a business owner with a CAC-registered enterprise or a civil servant of at least Grade Level 10).
List of Industries Eligible for ISIPA BOI Loan Application
- Agro-processing.
- Fashion and garment production.
- Printing services.
- Nylon production.
- Bakeries and pastry production.
- Aluminium installation.
- Manufacturing.
- Welding and fabrication (tanks, gates, doors, etc.).
- Value addition in food processing.
- Automobile workshops and furniture making.
- Livestock farming.
- Water and plastic production.
How to Apply for ISIPA BOI N5M Loan 2025
Applicants who are interested in ISIPA BOI N5M Loan are advised to visit the agency official website at
https://forms.gle/Ay2hNea9Q7Qe6xTw8 to apply.
Important Information:
Applicants must be located within Owerri Capital Territory, Ikeduru, Njaba, Nkwere, Ngo Okpala, and neighbouring towns around Owerri.