LSETF
Lagos State N1 Million Financial Support for Business – The applications are opened to various individual that owns and runs their businesses in the state, such would need to apply in the legitimate category to be part of those that will benefit from the illustrious gesture of Lagos state government.
To achieve this bounty tasks, the government has put up a huge amount that will be given to participants and worthy beneficiaries of the Lagos cares and grant applicants.
Lagos government has three key component where they are focusing in the programme. The three component includes Agriculture, Social protection and the micro small and medium scale enterprises (MSMEs). The categories are under three programmes and that is how it shall be run by the state.
CREDIT GRANT:
The credit grant will offer up to 40% of new loans business owners would love to take from reputable financial institutions. The limit set up for the grant is up to a hundred thousands Naira for micro businesses, about one million naira for small business and maximum up to five million naira for medium enterprises.
. OPERATIONS GRANT/FUNDS: This offer support for operational expenditure from the beginning of the fund. Set up to viable business operational costs. About 50% of the initial amount is offset for persons with verifiable documents that clearly state monthly statements of operational costs which would includes staff salaries, utilities and evidence of security expenses .
The grand and fund limit is up to one hundred and fifty thousands naira for micro enterprises. About one and five hundred thousands for small and maximum of five million naira for medium enterprises.
BASIC REQUIREMENTS FOR MICRO ENTERPRISES
SMES REQUIREMENTS FOR THE GRANT/FUND
The application is widely opened and those willing to be a beneficiary should apply here via this website. The website takes you directly to the main website where you would apply on the advertising website that the Lagos state has sets aside for the good deeds.
PTDF Scholarship 2025/2026: PTDF Overseas Postgraduate Scholarship 2025/2026 - The Petroleum Technology Development Fund (PTDF),…
YEIDEP Loan Payment Batch A 2025 begins | YEIDEP Loan Beneficiaries for Batch A - Did…
YEIDEP Loan Payment Date & Closing Date 2025/2026 | YEIDEP LOAN DISBURSEMENT 2025 - The…
NELFUND Student Loan 2025/2026 Registration Form Portal | NELFUND Loan Application Portal 2025/2026 Registration (Students)…
Afrexim Bank Internship Recruitment 2025 - The African Export-Import Bank (Afreximbank) is a Multilateral Financial…
2025 MTN Nigeria Foundation Science and Technology Scholarship Scheme (MTNF STS) - MTN Foundation in…