Connect with us

Finance & Loan

How To Apply Social Exchange Market Grant 2023/2024 – www.semgrant.com.ng

Published

1 year ago

on

How To Apply Social Exchange Market Grant 2023/2024 – www.semgrant.com.ng

Are You looking for how to apply for Social Exchange Market Grant 2023? Then, You are at the right place, We will put You through in this Loan article.

The Social Exchange Marketplace (SEM) seeks to equip small businesses with the start-up capital they need to grow their businesses.
while addressing the financial challenges of business ownership.

This great program will benefit 20 million Nigerians, with each receiving monetary help to run their businesses.

What Is SEM Business Grant?

The SEM Business Grant project is a Social Exchange Market (SEM) initiative that aims to help lift 36 million Nigerians out of poverty.

The purpose of this website is to serve as a meeting place for SEM beneficiaries. It was founded by the beneficiaries and operated by the members to provide updates and support to all SEM beneficiaries. Also, it acts as a lobby group for SEM and the grant project.

How Much of SEM is Disbursed?

The Beneficiaries will receive a grant between N1 million and N5 million, depending on the proportions of their business.

Small businesses will be able to flourish and compete, resulting in a healthy level of economic competition.

This means that if you own a small business, you will earn a small amount, but if you own a large business (such as a production company), you will receive a substantial amount.

Read Also ⇓:

How to Apply for Lagos State MSME Recovery Fund 2.0

How to Appy for the 2023/2024 SEM Grant

To apply for the Social Exchange Market Grant 2023. Simply, visit the official website of the SEM Grant to complete your registration.

Fill in your details as follows.

  • Applicant Full Name
  • State of Origin
  • Bank Details
  • Bank Verification Number (BVN)
  • Your Business Proposal
  • Amount(s) of Funds

Social Exchange Market Grant Application Portal www.semgrant.com.ng

Hot Jobs Trending Now

Also, the following Job vacancies below are currently trending in Nigeria

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Finance & Loan

How to Apply for Lagos State MSME Recovery Fund 2.0

Published

5 months ago

on

November 1, 2022

By

How to Apply for Lagos State MSME Recovery Fund 2.0

Are You looking for how to apply for The Lagos MSME Recovery Fund 2.0? Then, You are at the right place, We will put You through this Loan article.

However, The Lagos MSME Recovery Fund 2.0 is a grant scheme powered by the Lagos State Employment Trust Fund (LSETF). To help Lagos MSMEs recover from the effects of the Covid-19 pandemic.

The Lagos State Employment Trust Fund (LSETF) was established by the Lagos State Employment Trust Fund Law of 2016 to provide financial support for job development, wealth creation, and unemployment reduction in Lagos State.

Therefore, with the Lagos State Government N23 Billion contribution over four years, the LSETF will also raise money from various sources, such as donors, development agencies, businesses, and individuals.

So, The LSETF will help entrepreneurs by equipping financial help to them, creating institutional capacity for MSMEs, and developing policies to enhance the business climate in Lagos State.

Moreover, the Lagos MSME Recovery Fund will help create training and employment programs for unemployed Lagos residents and programs that foster innovation in the Lagos ecosystem.

Who Is Eligible to Apply for The Lagos MSME Recovery Fund 2.0?

For You to qualify for a Lagos recovery loan, your business must suffer from at least one of the following problems below.

  • You must own a small business in Lagos State that has struggled to stay afloat since the Covid 19 outbreak.
  • Have you had difficulties replenishing your business due to a lack of funds?
  • Has difficulty repaying business loans?
  • If you can’t pay your rent or your employees’ salaries and consider closing your business.

How to Apply for Lagos State MSME Recovery Fund 2.0

Apply for this grant by clicking on the link and following the guidelines.

Continue Reading

Trending