The Survival Fund and Guaranteed Off take Stimulus Scheme chairman has announced the commencement of the Guaranteed Off take Stimulus Scheme and the MSME Grant portal opening from the 9th February, 202. We will be showing you how to successfully apply for the Survival Fund Guarantee Off Take program and benefit from it.
Survival Fund Guaranteed Offtake Fund 2021
The Survival Fund 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).
Requirements and Qualifications
- Applicant must ‘be registered with the Corporate Affairs Commission (CAC) with at least a business: name.
- Applicant must be ready to produce under NAFDAC and SON specifications
- Applicant must have a verifiable BVN and Ban account number
- Applicant must have at least 2 staff members.
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.
- Payroll Support Registration
- Guaranteed Offtake Registration
- Nigeria Youth Investment Fund
All potential beneficiaries must meet the following criteria:
- Must be a Nigerian national
- Must be registered with the Corporate Affairs Commission (CAC) with at least a Business Name certificate
- All applicants must have a verifiable BVN and Bank account number.
How to Apply for Survival Fund Guaranteed Offtake Online
If you want to apply, click on https://www.survivalfund.gov.ng
Please note that the registration for this scheme is ABSOLUTELY FREE. Beware of fraudsters.
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