Are you curious to find out when your category of business can start registering for the Federal Government’s released funds and aid to small businesses?
Well, we will do our best to cover this topic extensively. All business categories did not kick off on the same day.
The registration of beneficiaries into the Micro, Small, and Medium Enterprise Survival Fund (MSME) is ongoing and invitations are invited from entrepreneurs and business owners. The portal was officially made open on September 21, but not all business sectors were allowed to submit their applications.
The first set of business owners to be accepted were those in the Educational Sector. The portal was made open for them to submit their application and business information.
For the different categories that have been scheduled and you do not have any idea of the payroll support time table, we will enlighten you in a bit.
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Categories of Business Eligible For The Survival Fund
The program has 3 Categories;
- Education (Private Schools)
To ensure that there is efficient delivery and no mix up in the registration process, a registration schedule has been made. Business owners can only register when it is a set time for their business category with educational institutions being the first category to kick off the registration.
For the rest of the business sectors, the portal will be made open for application on September 21, 2020. At exactly 12 AM, businesses that fall under this category can submit their details.
The benefiting business to meet the following criteria:
- Only businesses registered under the Corporate Affairs Commission (CAC) will be considered.
- The Head of the organization (CEO) must have a BVN.
- Must have a staff strength of 3 or more individuals.
- Must be owned and managed by a Nigerian.
Where can you submit your application?
This must be the question in your mind now that you have found out which business category you fall under and when you will be allowed to register. Now, the next question is, what do you do when it’s your turn?
- Simply Visit https://www.survivalfund.ng/
- Follow all the instructions on the portal
- Submit all required documents
- Fill all the forms and ensure that the details are not wrong or misspelt
Note that every information you put is subject to verification and you may be called on to send over a proof of your business details.
Let us know if you have any issue regarding your schedule or application for the survival Fund 2020.