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Federal Government 2020 Survival Fund For MSMEs & Artisans

The Federal government has announced that registration for the N75 billion survival fund for Micro, Small and Medium Enterprises (MSMEs) will begin on Monday, September 21.

The survival fund is a conditional grant to support vulnerable Micro and Small enterprises in meeting their payroll obligations and safeguard jobs in MSMEs from the shock of the COVID- 19 pandemic.

A statement issued in Abuja on Sunday, 20th September, 2020, by the Project Delivery Office said the portal which opens at 10 pm on Monday the 21st, would have educational institutions as the first category of beneficiaries to register.

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About Federal Ministry Of Education

The Federal Ministry of Education is a part of the Federal Ministries of Nigeria that directs education in Nigeria. It is located at Block 5A (8th Floor), Federal Secretariat Complex, Shehu Shagari Way, Central Area, P.M.B. 146, Garki, Abuja.


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Federal Government Survival Fund For MSMEs & Artisans


Aim and Benefits of Federal Government Survival Fund For MSMEs & Artisans

The Payroll Support Scheme is aimed at MSMEs adversely affected by the pandemic. The scheme will provide Payroll Support to a maximum of 10 employees per qualifying MSME.


Requirements for Federal Government Survival Fund For MSMEs & Artisans Qualification

  • All Micro, Small and Medium Enterprises in Nigeria are eligible to Apply.
  • 75 Billion shall be shared across all MSMEs in Nigeria.
  • At least 1.7 Million Nigerians Business will get the opportunity to benefit from this money.

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Interview date, Process and Venue for Federal Government Survival Fund For MSMEs & Artisans

Timeline:

  • Monday 21st September, 2020 – Education (Private Schools)
  • Friday 25th September, 2020 – Hospitality
  • Monday 28th September, 2020 – General (All Sectors)
  • See how to Apply Below;

Application Deadline

October 15, 2020


How to Apply

Interested and qualified? Go to Federal Ministry Of Education on www.survivalfundapplication.com to apply

Interested and qualified candidates who wants to benefit from the fund to take note of the schedule to register for the payroll support initiative.

For more details, visit the program website



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