Apply: FG, Timiiafrica Announces $5,000 One-time Grant For SME Owners.

The Federal Ministry of Youths and Sports in partnership with Tiimafrica has announced that it is offering a one-time grant of $5,000 to SME owners

Need to scale up your business? @tiimafrica in partnership with @NigeriaFMYS is giving out $5000 to young Nigerians between the ages of 25-35, who run a business and have 6 months financial records. Visit https://t.co/DTkReCuyEm or https://t.co/Er9CwYxHX4 to register #DEEL pic.twitter.com/6v5lGFv5PY

— Federal Ministry of Youth & Sports Dev't, Nigeria (@NigeriaFMYS) November 25, 2020

The initiative is under the Project Grow 100 inaugurated by the Federal Government through a partnership between the Federal Ministry of Youth and Sports and Tiimafrica to help small business owners access funds required to take their businesses to the next phase.

The initiative is expected to yield both direct and indirect gains to the economy and strengthen the resilience of young Nigerian business owners through the provision of funds to innovative and creative young entrepreneurs in the country. 

 Eligibility

• Applicants must be between 25 and 35 years old.
• Eligible applicants must be Nigerian.
• You must have been running an SME within Nigeria.
• Your business must financial records of at least 6 months.

Apply either here or here.