Application Link for FG SMEDAN CGS 50k Grant for Micro Businesses

 

The Federal Government, through SMEDAN, has introduced a new grant initiative called the Conditional Grant Scheme (CGS), offering ₦50,000 to micro businesses. This grant is aimed at promoting job creation, with the condition that beneficiaries must employ at least one person to qualify.

The CGS was established to provide financial support to nano businesses, helping them acquire necessary equipment and expand their workforce. It is a government-backed initiative designed to foster the growth of micro enterprises.

Eligibility for CGS:

The program targets nano businesses at the local government level.

Benefits of CGS:

Participants in the Conditional Grant Scheme receive ₦50,000 in financial assistance, provided they employ one additional person, thereby contributing to job creation.

How to Apply:

Qualified and interested applicants can apply through this link: https://smedan.gov.ng/our-programs/cgs