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.
How do I write a business plan
Write it on paper with Biro
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.
Paste ur contact lemme call u then…or call me on
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..
True saying Sir
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 .
Read This Article: How to Raise Money for Business in Nigeria and follow one or more of the suggested means
Am Segun, what about those with informal education (vocational skills)
Do you know any agric inclined cooporative within abuja?
Do you know any agric inclined cooporative within abuja?
Napoleon but technically thats how to write a business plan, on a paper with biro. what a dumb question
Do you know any cooperative for Medical Laboratory that I can join
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.
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.
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??
I Wonder. Good Reply.
I want you guys to be gentle and friendly. Pls know this your information you have today can make someone great tomorrow. Thanks
Please what is the best cooperative to join if you’re in the ICT field.
If your intend writing a professional and bankable business plan, why not contact we the professionals – ChioAmber Benny Consulting. We can be reached on.
Darlinton Omeh needs to be soft and gentle if he must grow his blog
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
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
Nice one. Please I wish to know more about Tony elumelu foundation
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Well technically I think this is a very good lead to whoever wants to access grants here in Nigeria. I have applied for some of these grants in the past without success, however do not adhere to any of these guidelines except a sketchy business plan I presented.
I will have to arm myself this time with this great discovery, thank you so kindly Darlington Omeh for shedding light on this path. Sincerely appreciate your effort here.