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SME Grants

UK Grant For SMEs In Vulnerable Supply Chains

The government of the United Kingdom has launched a fund for businesses in 32 countries, including Nigeria. The Covid-19 Vulnerable Supply Chains Facility (CVSCF) will provide grants of between 200,000 and 600,000 pounds sterling per application, to help businesses in agriculture and garment manufacturing in coping with the economic impact of Covid-19. To apply for … Read more

Exporters Seek N70bn For Export Grant In 2020

The Organised Private Sector Exporters Association (OPEXA) has asked that the federal government to appropriate N70 billion in the 2020 budget for Export Expansion Grant (EEG). Mr Jaiyeola Olanrewaju the Executive Secretary of OPEXA, in a statement relased in Abuja, said that the budgetary provision would make up for the consistent shortfall in EEG payments … Read more

50 Start-Ups Receive Grants Worth N10 Million From Lafarge

50 youth-led start-ups in their host communities in Cross River have received grants worth N10 million from Lafarge Africa Plc. Lafarge Africa Plc which is a cement manufacturer and building materials company, partnered with Cuso International, a non-profit development organisation in giving out the grants to the beneficiaries 32 females and 18 males were selected … Read more

70 SMEs To Be Given Access To Credit from Shop And Play

Shop and Play is a quarterly event designed to increase client base and access to credit for Small and Medium Enterprise (SMEs) The event will support 70 SMEs in the next edition. Mrs Fayi Adurogbangba was the lead organiser of the event. She said, the event first gave support to 26 SMEs and increased to … Read more

Two Tech Startups Emerge Winners Of Heirtage Bank’s N15m Grant

Heritage Bank Plc has given out grants worth N15m to winners of the maiden edition of HB Innovative Lab. The maiden edition of Heritage Bank Innovation Lab Accelerator programme was a 12-week programme which held in Lagos, tagged ‘Demo Day’. This was part of Heritage Bank’s efforts to support Nigeria’s aspiration and roadmap to become a … Read more

SMEs To Benefit From SEL Capital’s N2bn Fund

SEL Capital is a multi faceted financial services company in Nigeria. The company offers tailored financial services and solutions to individuals, companies and the public sector. The Chief Executive Officer of SEL Capital Limited, Mr Segun Opaleye, in an interview, spoke about how the company’s goal is to support every SME across sectors. Opaleye said … Read more

Afdb Announces $3.39m Fund For 17 African SMEs In The Agricultural Sector

The African Development Bank is the host of the Agriculture Fast Track Fund (AFT). Recently, the AFT announced $3.39million funding for 17 new African Small and Medium-scale Enterprises (SMEs) in the agricultural sector. The African Development Bank recently announced the funding it’s providing in Accra, Ghana. This funding will be in support of SMEs in the … Read more

Six Nigerian Fintechs Win N2m Grants At EFInA Financial Inclusion Conference

The United Kingdom’s Enhancing Financial Innovation & Access (EFInA) held a financial services conference recently. The conference was titled ‘Powering Financial Inclusion Through Fin-tech’, and it took place at the ZoneTech Park in Gbagada, Lagos. Dayo Ademola gave an overview of the Nigerian fin-tech landscape. He also talked about their business concerns and the strategic … Read more

British Government Supports Nigerian Entrepreneurs With Grants, Partnerships

British Government Supports Nigerian Entrepreneurs With Grants, Partnerships About 10 Nigerian entrepreneurs in the fashion and film industries are benefiting from the Nigeria Creative Enterprise Support Programme. The programme is a collaborative effort of four UK and Nigerian partners; Afrinolly (Nigeria) and Henley Business School (UK) for the film sector. Also, The Assembly Innovation Hub … Read more

Keystone Bank Initiates MSME Challenge

Keystone Bank’s MSME Challenge   Ten Nigerian entrepreneurs have been empowered by the maiden edition of Keystone Bank’s “Growing in Love with MSMEs Challenge” scheme. Above all, this initiative upholds the Bank’s commitment to promote and support the growth and development of Micro, Small and Medium Enterprises (MSME) in Nigeria The “Growing in Love with MSMEs Challenge” … Read more

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