NG CARES Stimulus Grant of $750m/ Apply Now

NG CARES Stimulus Grant of $750m | NG CARES Stimulus Grant portal is open, How to apply for NG CARES Stimulus Grant of $750m, If you have Micro businesses or Small businesses that need to be expand, Apply for NG CARES Stimulus Grant. The requirement and eligibility on how to apply. Apply here

The NG CARES is the federal government initiative with support from the World Bank to mitigate the effects of the COVID 19 pandemic. Link to check The List Of Shortlisted Candidate For TCF COVID-19 Loan

The National Covid 19 Action Recovery and Economic Stimulus (NG CARES) will assist vulnerable Nigerians who were hit by the pandemic. It is a multi-sectoral programme designed to provide immediate emergency relief to vulnerable and poor Nigerians, smallholder farmers, and small and medium enterprises that were adversely affected by the COVID-19 pandemic using the World Bank grant of $750m over a period of two years which is from 2021 2023″.

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Target Businesses:

Each state will receive the sum of $20 million dollars over a period of two years while the FCT will get $15 million and the Federal Care Support gets $15 million with effect from June 30, 2021.

a) Micro businesses (3 9 employees)

b) Small businesses (10 50 employees)

Application Supporting documents:

1) Proof of identification (NIN, Driver’s License, Voter’s Card. etc.)

2) Proof of residence (Utility Bills, Voters Card)

3) Proof of age (NIN, Voter’s Card, Driver’s License)

4) Proof of Bank Verification Number (BVN Printout duly stamped by the Bank)

5) Proof of business operations (Cash Book Register, Bank Statement, etc.)