Survival Fund New Portal – www.survivalfund.gov.ng Login & Register: The federal government survival fund website is now www.survivalfund.gov.ng Portal. The application portal is for all Nigerians who wants to access the survival fund registration form.
In this article,we will provide information on the www.survivalfund.gov.ng application form and its portal.
Application for survival fund is free, you are not required to gives cash or any form of favor to any one in regards to this government grant.
Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment and Chairperson of the Steering Committee of National MSMEs Survival Fund and Guaranteed off-take Stimulus Scheme recently gave some new update about the survival fund program.
She said that www.survivalfund.gov.ng will be the new portal for 2020 survival fund application with effect from Nov. 1. This means that Survivalfund.ng will now redirect users to the new website and all registration will be done via the new website.
This is the brand new survival fund website, the portal will act as the official portal for survival fund application starting from Nov.1 2020.
The portal is always open for applicants to access their registration information, and to get latest news about survival fund.
Yes, the official portal is now opening very well, if you want to learn more about survival fund programme, then visit the portal now to know more.
Survival Fund Portal Available Programmes.
(i) MSMEs Survival Fund programmes
- PAYROLL SUPPORT – Supports 500,000 thousand MSMEs in meeting payroll obligations of between 30 thousand Naira to 50 thousand Naira per employee over the period of three (3) months.
- FORMALISATION SUPPORT – Provide free CAC business name registration for 250,000 businesses.
- ARTISAN/TRANSPORT SUPPORT – Provides 333000 artisans and transport business operators with a 30,000 operation grant to reduce the effect of income loss.
- GENERAL GRANT – Support the survival of 100,000 businesses most affected by the covid-19 pandemic with 50,000 Naira each.
Duration: The scheme will run over an initial period of three months in order to provide immediate relief from the economic impact of the pandemic.
Target Beneficiaries: The scheme targets two categories of beneficiaries namely: employees of MSMEs and Self-employed individuals, both schemes have made provision for a 45% female business participation and special needs participation of 5%.
- Employees of MSMEs.
The benefiting companies to meet the following criteria:
Employees’ company Must be registered in Nigeria under the Corporate Affairs Commission, CAC
Must have BVN by company CEO
Must have a staff strength of no less than 3 persons
Must be owned by a Nigerian.
- Self-employed Individuals in the following categories.
Service providers in the transportation sector. i.e. Bus drivers, Taxi drivers, Ride share drivers,(Uber, BoltTaxnfy etc) and Mechanics.
Artisans, Electricians Plumbers etc.
(ii) GUARANTEED OFFTAKE SCHEME – Bulk purchase of products from 100,000 MSMEs to protect Jobs and Livelihoods.
This scheme will protect and sustain the income of vulnerable Micro and Small Enterprises from the economic disruptions of the COVlD-19 pandemic through the Implementation of various initiatives aimed at boosting the production capacities of the small businesses as well as provision of grants.
The main objective of this particular Guaranteed Offtake Scheme is to boost production capabilities of small businesses with the view to ensuring that they remain in business.
Duration: The duration will be for a period of Three (3) Months
Target Beneficiaries: Micro and Small businesses registered in Nigeria.
If you are interested in applying for survival fund via the portal please visit https://survivalfund.gov.ng/
Registration for Payroll Support Begins on 21st September 2020
visit www.survivalfund.gov.ng for registration details.