How to Apply Presidential Palliative Empowerment 2023| The Federal Ministry of Industry, Trade and Investment, has open portal for the Presidential Conditional Grant empowerment and the Presidential Palliative Loan Programme to empower both Micro Small and Medium Enterprises (MSMEs) and Startup to alleviate the effects of the fuel subsidy removals, read application instruction.
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Presidential Palliative Programmes , Transforming Futures Revolutionizing Financial Support
Introducing the Presidential Palliative Programmes – a game-changer in economic empowerment.
Benefit:
- Non registered business N500,000 – N1 million Grants for
- Registered business ( Nano Businesses) N1 million -N10 million
- MSMEs and Manufacturers N5 million – N75 billion
Key Features:
Transparent and Efficient:
- They prioritise transparency and efficiency, ensuring that funds are disbursed swiftly to deserving businesses.
Digital Transformation:
- The platform leverages cutting-edge technology to make the entire process accessible through smartphones and computers, allowing SMEs to apply from anywhere.
Financial Literacy:
- They understand the importance of financial education. Therefore, our platform provides resources and training to empower SMEs with the knowledge to manage their funds effectively.
Apply Below:
- How to Apply MSME NSIP Startup Empowerment 2023 (Up to N1 million Above)
- Hope For Nigeria Palliative Disbursement 2023
- Apply the World Bank Legal Internship Program 2024 (Law students attend Internship Program in U.S)
- How to Apply Foodtech Innovation Awards 2024
- List of Shortlisted Candidate First Batch 3MTT to Commence Training on the 4th of December 2023
- How to Apply the Afrinvest Analyst Programme 2024 (Fully Funded)
The Target Sectors:
Below are the business that are eligible to apply to the scheme
Traders:
- These include single retail marketers, corner shop owners, petty traders, market men and women in open markets
Food Services:
- These include food and vegetable Vendors
Information and Communication Technology (ICT):
- These include business centre operators, battery chargers, recharge card vendors, call centre agents
Transportation:
- These include wheelbarrow pushers, independent dispatch riders
Creatives:
- These include makeup artists, fashion designers, drycleaners.
Artisans:
- These include vulcanizers, shoemakers, painters, repairers.
What is a ‘nano business’?
A nano business
is a very small-scale business entity, often operated by a single individual or a small team, and typically characterized by its limited size and scope.
Requirement/Documents:
- Passport photograph
- Must have account details and verifiable BVN.
- Means of Identification (NIN, International passport)
- CAC Certificate
- Business must be owned by Nigerians
How to Apply Presidential Palliative Empowerment 2023:
Interested and qualified applicants should apply via https://loan.fedgrantandloan.gov.ng
Application Deadline: 31st December 2023