MSMEs Survival Fund Application Form Portal 2020 | survivalfund.gov.ng

National MSMEs Survival Fund Application Form Portal | survivalfund.ng: The National Micro Small & Medium Enterprises (MSMEs) Survival Fund Registration and Application Form Portal is now open to all interested Nigerians.

About MSMEs Survival Fund.

The National Survival Fund is designed to aid Nigerian MSMEs in surviving the shock of COVID-19 and its adverse effect on the economy. It will ensure that 45% of beneficiaries are female-owned businesses and 5% are owned by persons with special needs.

Also Read: CBN Social Housing Loan Application Portal 2020 | www.fhfl.com.ng

Eligibility and Benefits.

To benefit from National MSMEs Survival Fund, your business must:

—Be Nigerian-owned
—Be CAC-registered
—Business owner must have a BVN
—Staff strength of not less than 10 for Payroll Support and 3 for GoS.

Under the National Survival Fund is a Payroll Support Scheme, vulnerable registered businesses will be supported in meeting their payroll obligations of between N30,000 to N50,000 per employee to safeguard the jobs of a maximum of 10 employees over a 3-month period.

In addition to registered businesses, the National MSMEs Survival Fund will also cater to a second category of Nigerians: the Self-employed, including :

  • Service providers in the transportation sector, i.e. Bus/Taxi drivers, Rideshare drivers, Auto-Mechanics
  • Artisans (Electricians Plumbers etc)

The artisans and transport business operators will receive a one-off N30,000 operations grant to reduce the effects of income loss caused by the COVID-19 pandemic.

Check: How to Apply for CBN Social Housing Loan 2020 On www.fhfl.com.ng

Participating States

  1. Abia State
  2. Adamawa State
  3. Akwa Ibom State
  4. Anambra State
  5. Bauchi State
  6. Bayelsa State
  7. Benue State
  8. Borno State
  9. Cross River
  10. Delta State
  11. Ebonyi State
  12. Edo State
  13. Ekiti State
  14. Enugu State
  15. FCT (Federal Capital Territory)
  16. Gombe State
  17. Imo State
  18. Jigawa State
  19. Kaduna State
  20. Kano State
  21. Katsina State
  22. Kebbi State
  23. Kogi State
  24. Kwara State
  25. Lagos State
  26. Nassarawa State
  27. Niger State
  28. Ogun State
  29. Ondo State
  30. Osun State
  31. Oyo State
  32. Plateau State
  33. Rivers State
  34. Sokoto State
  35. Taraba State
  36. Yobe State
  37. Zamfara State

As part of the National MSMEs Survival Fund, there is a Formalization Support for 250,000 businesses in Nigeria, which will be offered CAC free business name registration 10.

According to the HMS @TradeInvestNG, every State in Nigeria (and the FCT) will benefit from the MSMEs Survival Fund. Lagos, Kano and Abia will receive special focus, on account of their status as leading MSME hubs, but no State will be left out.

How To Register for MSMEs Survival Fund.

You can access the National MSMEs Survival Fund portal via https://survivalfund.ng  if you want to apply for the payroll support and the Guaranteed Offtake Scheme.

As the portal for registration of prospective beneficiaries of Survival Fund opens today, interested Nigerians in the Payroll Support scheme are to note that the site will be open from 10pm Monday September 21, 2020.

REGISTRATION SCHEDULE:

Registration for Payroll Support will start with educational institutions at 10pm on Monday Sept 21, 2020, and will be followed by businesses in the hospitality industry on Friday September 25 beginning from 12am.

The portal will also be open to other category of small businesses from 12am, on Mon Sept 28, 2020

Note that the scheduling of registration for prospective beneficiaries is to ensure that the process is seamless & hitch free

Visit the National MSMEs Survival Fund portal or website at – www.survivalfund.ng to fill and submit your application form and to get more info about the initiative.

If you have questions and need answers, kindly leave a comment below and we will attend to it, if you also want to receive updates on this post, comment with your valid email address.

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