SMEDAN Conditional Grant Scheme (CGS) for Micro Enterprises: Empowering Nano Businesses
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) presents the Conditional Grant Scheme (CGS), a government initiative designed to provide financial assistance to micro enterprises under specific conditions, fostering their growth and contributing to job creation.
Purpose:
The CGS program aims to provide grants to nano businesses to support workforce development and facilitate the procurement of essential equipment.
Target Audience:
This scheme is specifically designed for nano businesses operating at the Local Government Area (LGA) level.
Benefits:
Participants in the Conditional Grant Scheme (CGS) for micro enterprises are eligible to receive financial assistance tailored to their specific business needs. Nano businesses can receive a grant of ₦50,000 on the condition that they employ at least one person, encouraging job creation and supporting local economies.
To learn more about the SMEDAN Conditional Grant Scheme (CGS) and eligibility requirements, please visit: https://smedan.gov.ng/our-programs/cgs/?fbclid=IwQ0xDSwLE2\_lleHRuA2FlbQIxMAABHu3NshxFV34-tGTBusDx7Srp6lUQ6eim-Ap1cCjqOmV\_nkmFdpM\_I1854lHa\_aem\_UbDZhsdvqzitThBn6HYoHQ