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Business

Step-by-step guide to apply for N1bn grant for small businesses

The Ogun State Government has commenced the second phase of the disbursement of the N1 billion grant to micro and small enterprises.

The initiative aims to alleviate poverty and mitigate the impact of COVID-19 on businesses in the state.

In the first batch, over N120 million was disbursed by the state government to more than 1,000 micro and small entrepreneurs across the 20 local government areas of the state.

Who can apply?

Micro & Small Enterprises in any of the following:

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Retail
Fashion
Hair & Beauty
Light Manufacturing
Hospitality

What the grant is for:

Payment of Utilities such as: Water, Electricity, Internet Service Subscription and so on
Payment of Rent for Office, Shop, and Cold Room Rent
Payment of Salaries (Evidence must be provided)
Eligible Enterprises must:

Be located in Ogun State
Have a minimum of three employees
Have been in operation for at least 2 years
Profitability of business must have been reduced as a result of COVID -19 Pandemic.

How to apply

Portal link: https://www.ngcaresbusiness.org/
1. Click on Select State and choose Ogun State. Then click on “Go to Portal”
2. Then click on Apply.
3. You will be asked to fill in the following details:

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Business name

What kind of business? (General services/Artisans, Specialised Services, Agriculture (Crop and Livestock),
Transportation/Logistics, Trading and Manufacturing)
What kind of –? (Here, you will be able to select your specific business type)
How much sales (in naira) do you currently make monthly?
What date/year did you open your business?
Phone number of head of business
Number of employees
First name of head of business
Last name of head of business
Email of head of business
Email
Date of birth of head of business
Gender of head of business
State of business
LGA of business
Lastly, Click on Submit.

Starpotter

A Professional blogger and Entertainer. An extremely calm-headed guy.... Maybe naughty. lol

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