Finance25 Comments

In effort to assist small and medium scale entrepreneurs (SME) to grow, Government sometime provide small business grants in various forms. These funds can be accessed by those who meet certain criteria as stipulated by the government or the agencies involved.

How can you have access to these federal small business grants to help you start your business or push your existing business to the next level? Here I want to point out few things you must do to be able to access federal grants.

1. Prepare A Business Plan – You must have a robust business plan (what some people called bankable business plan) in place. Without proper business plan, there is no way you would be able to convince anybody about your business idea let alone government. Your business plan represent your preparedness towards the business – the more robust your plan is, the more serious investors and grantors will take you.

2. Belong To A Co-operative – Most times, those funds are being disbursed through various cooperatives. If you don’t belong to any, you may find yourselves outside the scheme of things. There are various cooperative societies for Farmers, Traders, Manufactures, etc… Find the one that is most suited to your need and join.  Make sure to be active member and always be in the know.

There are many schemes and grants by the federal government that is currently ongoing. Sure-P Graduate Internship Scheme (GIS) which is established as part of the Subsidy Reinvestment and Empowerment Program. If you are looking for skill development, seek for information on how to become part of this scheme.

Some corporate organizations as part of their corporate responsibilities also make grants available to small business startups from time to time. Look out for these ones and see how far it goes.

YouWin is ongoing too. If you are between the ages of 18 – 40 and have a robust business plan for a business that will operate in Nigeria and employ Nigerians, you can apply.

 

Federal-Business-Grants

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25 Comments

  • Nwosu Chidiebele May 5, 2018

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    Inclusive is 15 other vital documents with in-depth and illustrative coverage on agro-export procedures, payment systems, documentation, planning, risk analysis, shipping companies, export unit, pricing, quotation drafting, agro-export financing, transportation, and logistics, quality control, commodity price list, local product sourcing, foreign buyers etc./07033097160

    Reply

  • Sir Jay March 1, 2018

    Nice one. Please I wish to know more about Tony elumelu foundation

    Reply

  • Olatunji James February 13, 2018

    I have a business I have been running 11yrs ago which can provide job for more than 1000 heads,presently i have 26staffs not to talk of casual workers, but I have no financial backing… I consult BOI and BOA but no assistance was rendered…. How do you want this country to grow when the right people don’t have access to funding

    Reply

  • Apeh Ikechukwu January 11, 2018

    Hello, do you have any eBook on how to make sure you get youwin grant? I have a business idea of running a fish farming but don’t know if I will be accepted

    Reply

  • Geo-farms July 6, 2016

    Darlinton Omeh needs to be soft and gentle if he must grow his blog

    Reply

  • Chinonye June 10, 2016

    If your intend writing a professional and bankable business plan, why not contact we the professionals – ChioAmber Benny Consulting. We can be reached on.

    Reply

  • Lady Eze May 7, 2016

    Please what is the best cooperative to join if you’re in the ICT field.

    Reply

  • Dave February 27, 2016

    I want you guys to be gentle and friendly. Pls know this your information you have today can make someone great tomorrow. Thanks

    Reply

  • Yemi Blaq February 15, 2016

    I do not think the “paper and biro” sarcasm was deserved though. The fact that one is very familiar with a subject doesn’t mean that one should take for granted that there are people who know nothing about it. That doesn’t undermine their intelligence,it just means they don’t know what you know. Be gentle.

    Reply

    • Darlinton Omeh February 15, 2016

      The simple harmless answer I gave that was meant to be fun was the only thing you see on this site to comment on. Why didn’t you use all the time you spent rambling here to provide him with the answer? Or you don’t know how to write a business plan too??

      Reply

      • Oke March 15, 2016

        I Wonder. Good Reply.

        Reply

  • Joy February 4, 2016

    Do you know any cooperative for Medical Laboratory that I can join

    Reply

    • Darlinton Omeh February 15, 2016

      I don’t think there is special cooperative for Medical Laboratory or any particular profession. You can join any cooperative in your area, it doesn’t mean all the members of the said cooperative must be engaged in the same profession.

      Reply

  • bae January 31, 2016

    Napoleon but technically thats how to write a business plan, on a paper with biro. what a dumb question

    Reply

  • JF RABBIT PETS October 2, 2014

    Do you know any agric inclined cooporative within abuja?

    Reply

  • JF RABBIT PETS October 2, 2014

    Do you know any agric inclined cooporative within abuja?

    Reply

  • Anonymous September 4, 2014

    Am Segun, what about those with informal education (vocational skills)

    Reply

  • martins osuji September 3, 2013

    hey i read this article on your blog ,but i still can't apply the you win competition ,please tell me how to raise fund ,i have a very good proposal .

    Reply

  • Anonymous September 3, 2013

    How do I write a business plan

    Reply

    • Darlinton Omeh September 3, 2013

      Write it on paper with Biro

      Reply

    • Abbas April 4, 2016

      If you’re still thinking or wanting to write a business plan, I can assist you with my services as a business planner and writer. Just tell your business idea area and if I consider it viable then we negotiate a price for my service.

      Reply

      • confidence June 9, 2016

        Paste ur contact lemme call u then…or call me on

        Reply

      • engr January 28, 2018

        thats y africa will never grow… u always extort people for knowledge. . if the west had same thinking.. wud u have got anything on google..

        Reply

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