How to Apply FG N75Bn MSME Survival Fund 2022

How to Apply FG N75Bn MSME Survival Fund 2022/2023 Application Form & Portal

Are you willing to apply for the federal government FG N75Bn MSME Survival Fund?

In this article you shall learn all the detailed guidelines that will see you wall through with a fund to support your business.

Are you an Self Employed, Transporters or even Artisans? Then you must not miss this FG N75Bn MSME Survival Fund as long as you are a Nigerian and your business is located in Nigeria, all you have to do now is to keep reading this guide from A to Z.

Due to the downward movement of the economy and the adverse effects it has on Nigerians and small, medium sized enterprises and business, the federal government has concluded plans that will see Nigerian businesses getting some relief funds from the government.

This funds will come into phases as we are meant to understand namely :
MSME Survival Fund with the Payroll support track

  • MSME Survival Fund : 60 Billion Naira available fund.
  • Payroll support track : 15 Billion Naira.

These funds are or will be provided to help Nigerian businesses bounce back to life after massively being impacted by the Covind-19 pandemic.

The federal government is banking heavily on this funds as they believe and claim it will help put smiles on the faces of Nigerians.

  • Duration:a timely has been given and its to last doe 3 months or even more.
  • Beneficiaries: Micro and Small businesses registered in Nigeria.

Table of Contents

How to Apply FG N75Bn MSME Survival Fund Application Form & Portal

  • Payroll Support: the federal government targets to assist about 500,000 MSMEs. This will help them have liquid cash to pay staff salaries etc.
  • Formalisation Support: a Window is open here to see that over 250,000 unregistered business get registered free of charge.
  • General Grant: 50,000 naira will be given to identifiable businesses that are massively affected by the pandemic.
  • Artisan/Transport Support: Artisan and Transport Support operators are not left out because over 333,000 will receive support of 30 thousands naira.
  • Guaranteed Offtake Scheme: Bulk purchase of products from 100,000 MSMEs to protect jobs and livelihood

MSME Survival Fund

The federal government is launching a new site. that will help see Nigerian businesses pull through the current economic storm. Here MSME that are at the point of collapse will get a Survival Fund that is just like the youwin conditional grant.

You might ask, why is the federal government providing this funds? The federal government knows that in no distance time most employers of labor are going to lay off their workers and this will have a negative multiplier effect on the economy.

To prevent the imminent job loss the federal government had to step in, to save the situation by helping save 1.3million jobs across the country.

  1. Duration: this scheme might come in stages but the first stage is going to last for just 3 months. There might be an extension but don’t worry we are going to inform you more on this.
  2. Target Beneficiaries: employees of MSMEs and Self-employed individuals are highly likely to receive this funding
READ Rivers State Teachers Recruitment 2022/2023 placement

FG N75Bn MSME Survival Fund Application Requirements.

  • Employees’ or beneficiary’s company should be in Nigeria and also registered with the Corporate Affairs Commission, CAC
  • To fast track the disbursements of funds beneficiaries Must have BVN
  • Employers of labour must show prove that they have a staff strength of not less than 3 persons
  • Business must be functional and should be owned by a Nigerian

Self-employed Individuals :

  • You should actively be involved in the provision of Services under the transportation sector, i.e. Bus drivers, Taxi drivers, Ride share drivers. (Uber, Bolt Taxify etc) and Mechanics
  • Artisans, Electricians Plumbers etc.

N75Bn MSME Survival Fund Registration Period.

The starting date of FG N75Bn MSME Survival Fund is 21st September 2020. We are going to update this page if the closing date is announced.

How to Apply for N75Bn MSME Survival Fund

  • Here is the website to register
  • You have to scroll a little to the registration link button and click on it for a smooth registration.
  • You will have to fill all necessary information and details you are asked.
  • Make a print out of your acknowledgement slip to proof that you actually register.

Key point to note :

  • Payroll support: target over 500,000 vulnerable MSMEs that are at the point of collapse as this will help them meet necessary obligations in their businesses. At least each business will have funds to pay N30,000 to N50,000 per employee salaries in a space of 3 months.
  • Formalization Support: there will be free business registration as this will help the federal government increase it revenue base in future time.
  • General Grant: Not less than 100,000 business will greatly benefit from this funds, they are going to receive 50,000 or more.

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Ikechukwu Youwin

this articles was written by ikechukwu for, Ikechukwu is a University graduate, he holds a degree in Economics from the University of Nigerian Nsuka (UNN).Read more

36 thoughts on “How to Apply FG N75Bn MSME Survival Fund 2022

  1. I am a small business man, i need this help urgently because this pandemic that touch and collarps the business. So that ineed to rebuilding the sector.

  2. I am a private school teacher.I got this site on TV when the speaker was talking about supporting the private school teachers.

  3. I am a businessman and a student at the same time asuu are not yet to suspend the strike pandemic of covid19 luckdown has finished my business capital and I need the urgent help from you nirsal to revives my business agai

  4. To be sincere this government is really doing well! May Allaah Help her for this wonderful intention for the masses!

  5. Mimil Model school at Amayam in Ikot Ekpene LGA. Of Akwa Ibom state is not been paid due to incompleted registration… Please to whom it may concern, kindly give us one more chance for completed registration thanks.

  6. My name is Ruth am a private school teacher I heard about this information on whatsup group please kindly help me

    1. My is Ruth am a private school teacher I heard about the information on whatsup group please kindly help me this my number 09017305879

  7. Hello thanks fg for your support. I registered msme on October 2020,can I registered for more, thanks.

  8. Wen the Federal government said of empowerment of youths to the country it’s good for this system for the people for tomorrow , will the people are needed help for business and farming. thanks , for government.
    to help for aur peoples. thanks, so much pls.

  9. Oo may God richly help you for your support . Please due to covid 19 the school collapse and I am now bulding up so please help me thanks.

  10. I am into fish Farming,I need this funds to boost my business up,kindly alert me it seems o kick off.08027237272

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