Fund matching, a vision pioneered by Development Finance Institutions (DFIs) in Nigeria, has since been adopted by other financial institutions to help micro and small businesses (MSMEs) access credit and finance. The risk of raising money under the SMEDAN and JAIZ bank matching fund plan must be shared by the fund matching partners (usually a … Read more
N8M Naira Grants for Entrepreneurs: In our current day today, it’s not an easy thing to secure funds for a start-up. Across Nigeria, not more than 10 young entrepreneurs have gotten the N8 million grants at the CrossPoint Innovate Pitch & Grant Conference in order to boost their businesses. Moreover, the grant initiative was sourced … Read more
Survival Fund Application & How to Apply For Free Government Funds. Find out everything there is to know about the MSME Survival Fund. But first, let’s go over the application process. Are you still waiting to get your MSME Survival Fund? Do you want to learn how to apply for MSME Survival Fund Free Business … Read more
The Agric Graduate Loan Scheme at the Michael Okpara University of Agriculture, Umudike (MOUAU) in Abia State has helped seven graduates. The loans, which range from N120,000 to N400,000 each, were intended for fish farming, poultry and pig farming, cassava farming, egg production, palm oil production, and agricultural input sales and marketing. SEE: Federal Government SMEDAN … Read more
Access Bank Plc, Nigeria’s largest SME lender, is working with the Ministry of Humanitarian Affairs, Disaster Management, and Social Development to implement the Government Enterprise and Empowerment Programme GEEP 2.0 across all 36 states and the Federal Capital Territory. ₦50K GEEP Loan for MSMEs from FG In the coming days, successful GEEP 2.0 beneficiaries will … Read more
The Central Bank of Nigeria (CBN) has authorized a 2 billion Naira loan to the government of Imo State for the empowerment of artisans in the state. Ford Ozumba, the Commissioner for Labor and Productivity, revealed this to journalists in Owerri on Tuesday while unveiling the Imo 2023 Entrepreneurial Product Expo in collaboration with CBN. … Read more
The African Development Bank’s (AfDB) Women Entrepreneurs Finance Initiative (We-Fi) has announced its plan to invest in 69,000 women in Nigeria, Cameroon, Egypt, Kenya, and Mozambique with $15 million to help them improve their small and medium companies. According to a statement on the official website, the fourth round of financing would provide access to … Read more
Since its inception, the Development Bank of Nigeria (DBN), Nigeria’s primary wholesale development finance institution, has disbursed approximately N482 billion to micro, small, and medium-scale enterprises in Nigeria. Approximately 65% of the sum was reportedly given to women and youth-owned businesses. The DBN’s Managing Director, Mr. Tony Okpanachi, assured stakeholders during the presentation of the … Read more
Apply for the Exxaro Bursary Programme South Africa 2023. The bursar program connects with the Professional-in-Training (PIT) program after graduation, providing further learning to prepare a successful applicant for leadership roles in the company. EXXARO BURSARY PROGRAMME The company has developed a full-time bursary program through which young South African residents are selected each year … Read more
Business Funding Opportunities in South Africa — Small companies in South Africa have a number of challenges, one of which is access to capital. Check out the list of South African business finance options. Apply for and receive money for your business. Are you a business owner in South Africa? Do you run or own … Read more
With a Standard Bank Bursary Fund, you may invest in your future (Standard Bank Group Bursary). Standard Bank is committed to ensuring that every young person has the opportunity to succeed. The Standard Bank Group Bursary provides financial assistance to help you study, earn a bachelor’s or master’s degree, and realize your goals — whatever … Read more
The Federal Government SMEDAN Loan MSME Fund Registration Program was established in 2003 by an Act of Congress. SMEDAN aims to support, guide, and enable the growth of all micro, small, and medium-sized enterprises (MSME) sectors of the economy. In addition, the agency achieves this goal by supporting small firms and entrepreneurs in obtaining loans … Read more
The CBN COVID-19 loan is an aid against a pandemic that caused unprecedented disruptions in global supply chains, a sharp drop in global crude oil prices, turmoil in global stock and financial markets, massive cancellations of sporting and entertainment events, lockdowns of large swaths of people in many countries, and intercontinental travel bans/restrictions all over … Read more
Studying abroad can be a life-changing experience, opening doors to new opportunities and broadening horizons. However, financing your study abroad journey can be a major concern for many students. This is where FCMB Study Abroad Loan comes into play. In this comprehensive guide, we will delve into the details of the FCMB Study Abroad Loan, … Read more
MPOWER Financing is a game-changer in the realm of student financing. With its innovative approach and commitment to supporting aspiring students globally, MPOWER Financing has revolutionized the way students fund their education. In this article, we will explore the remarkable journey of MPOWER Financing, its services, and the impact it has made on the lives … Read more