Outstanding offer! Have you considered applying for the ongoing FG 1.5m SMEDAN grant and loan with little or zero interest rates? If so, in this post, I will share four simple requirements needed for you to access the 2022/2023 1.5 million naira SMEDAN Grants provided by the Federal Government.
About The SMEDAN grant
SMEDAN was created to help small and medium-scale businesses and business owners by providing them with the right tools for faster growth.
SMEDAN gives you access to government and private sector benefits to help you grow your small or medium-scale business faster.
The SMEDAN–Small and Medium Enterprises Development Agency Nigeria was first initiated by the Federal Government in 2003 as the SMEDAN Act, aiming to enhance the development of small and large enterprises to boost the Nigerian economy.
Eligibility Requirements for SMEDAN grant:
- Applicants under the scheme will be graduates of Nigeria Polytechnics and Universities:
- BSc/HND/ or it is equivalent);
- National Youth Service Certificate (NYSC) discharge or exemption certificate;
- Must have not more than 10 years post-NYSC
Application Criteria:
- A registered business name
- Your Business Registration Number (RC or BN)
- State in which the business operates
- Type of Business
- Age of Business(Number of years of operation)
- Phone Number and your government name.
How to Apply
To successfully apply for the 2022/23 SMEDAN grant, applicants are required to submit their application process here.