How to Check Presidential Grant Empowerment Beneficiaries 2023

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How to Check Presidential Grant Empowerment Beneficiaries 2023 | The Presidential Conditional Grant to Nano Businesses as part of the Presidential Palliative Program was close on December 18, 2023, The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary, and it is designed to reach one million nano businesses in the 774 local government areas.

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The Presidential Grant Empowerment programme was designed to empower both Micro Small and Medium Enterprises (MSMEs) and Startup to alleviate the effects of the fuel subsidy removals and Transforming Futures Revolutionizing Financial Support.

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The Federal Government will collaborate with the State Governments, Honourable Ministers, NASME (Nigerian Association of Small and Medium Enterprises), Senators, and House of Representative Members, who will use the Federal Government’s selection criteria below to shortlist the beneficiaries from their constituents.

The target beneficiaries are 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the remaining 15% is distributed to other demographics.

The Target Sectors for the Scheme:

Below are the businesses that are eligible to apply for 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
  • 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.

Grant Eligibility Criteria

  • Own a nano business.
  • Operate a business with progressive economic potential, and desire to grow the business.
  • Be willing to engage at least one additional staff member if turnover increases
  • Be willing to provide proof of residential/business address in the Local Government Area
  • Provide relevant personal and bank account information, including Bank Verification, (BVN) for verification of identity
  • Meet application submission deadline which is 2023-12-18

How to Check Presidential Grant Empowerment Beneficiaries 2023

Beneficiaries: The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary, and it is designed to reach one million nano businesses in the 774 local government areas.

Click Here to View Beneficiaries

For more Information Visit: https://www.fedgrantandloan.gov.ng/

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