How To Get The ₦500,000 FGN Grant

Applicants should follow strictly all the steps (steps 1-5) below to get the ₦500,000 FGN Grant:

STEP 1: The applicant for the FG grant should click > here

STEP 2: After clicking the above link, the applicant is directed to a WhatsApp prompt which will ask the applicant the question "Do you want the ₦500,000 FGN Grant application link? Answer yes or no"

STEP 3: The applicant should answer 'yes' (kindly note that a service charge of ₦500 apply)

STEP 4: Upon payment of the service charge the applicant will be provided with the FGN Grant application link to apply

STEP 5: The applicant should click on the FGN Grant application link provided, to apply for the ₦500,000 FGN Grant according to the profile that best describes him or her

About The FGN Grant 

Recognizing the financial constraints many startups and SMEs face, the FGN Grant provides a unique opportunity for participants to access grants. But these are not just funds; they are a vote of confidence, an endorsement of the entrepreneurial spirit. The FGN grants are designed to alleviate some of the initial financial burdens startups and Small and Medium Enterprises (SMEs) face, allowing them to focus on innovation, scaling, and making a meaningful impact in their respective sectors.

THE ELIGIBILITY CRITERIA FOR FGN GRANT

SECTOR FOCUS:

Open to tech-enabled businesses in any sector of the economy, with the priority sectors being agriculture, retail, housing and property, clean solutions, transportation and logistics, data and infrastructure, privacy and security, and energy innovation

FGN GRANT AMOUNT:

Applicants can get up to ₦500,000 in grants

DEVELOPMENT STAGE:

The business should be in its early stages, showing promise for scalability and impact

OPERATIONAL MARKETS:

$100,000

MAXIMUM VALUATION:

The business must be operational in Nigeria and its product or service must be targeted at the Nigerian market

TEAM ASSESSMENT:

There should be evidence of a strong, committed team behind the business, possessing the potential to execute the business idea and plan effectively

ETHICAL AND LEGAL STANDARDS:

Businesses must adhere to high ethical standards and comply with relevant legal regulations in their operations.

Participants who meet these criteria stand a higher chance of being connected to FGN grant opportunities. However, please note that there will be a transparent and competitive process to determine the beneficiaries of the FGN grant.