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.
Eligibility and Benefits.
To benefit from National MSMEs Survival Fund, your business must:
—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.
- Abia State
- Adamawa State
- Akwa Ibom State
- Anambra State
- Bauchi State
- Bayelsa State
- Benue State
- Borno State
- Cross River
- Delta State
- Ebonyi State
- Edo State
- Ekiti State
- Enugu State
- FCT (Federal Capital Territory)
- Gombe State
- Imo State
- Jigawa State
- Kaduna State
- Kano State
- Katsina State
- Kebbi State
- Kogi State
- Kwara State
- Lagos State
- Nassarawa State
- Niger State
- Ogun State
- Ondo State
- Osun State
- Oyo State
- Plateau State
- Rivers State
- Sokoto State
- Taraba State
- Yobe State
- 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 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.
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