The SMEDAN CGS – Conditional Grant Scheme was created with the aim of giving grants to nano businesses for work force support and to ensure that they can procure equipments.
The Scheme is a government initiative designed for micro enterprises, offering financial assistance under specific conditions to support their growth.
Requirements
- This program is designed for nano businesses at the LGAs level..
Benefits of the CGS – Conditional Grant Scheme
- Participants in the Conditional Grant Scheme (CGS) for micro enterprises receive financial assistance tailored to their business needs.
- These nano businesses get a sum of ₦50,000 grant on the condition of employing one person in order to encourage job creation.
Project Supported
- The CGS may support a range of projects or activities aimed at enhancing the competitiveness, productivity, and sustainability of micro-enterprises. These may include investments in technology upgrades, infrastructure development, capacity building, market expansion, and innovation initiatives.
For More Info: SMEDAN’s Conditional Grant Scheme
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