The Steering Committee of the MSME Survival Fund and the Guaranteed Off-take Scheme Chaired by the Hon Minister of State, Federal Ministry of Industry, Trade and Investment, Ambassador Mariam Katagum wishes to inform the Public that the MSME Survival Fund Payroll Support Portal will be exceptionally reopened for States that have not met their quota.
The Portal will be open from 27th January to 2nd February 2021.
The Payroll Support Track of the MSME Survival Fund Scheme which was flagged off on the 21st of September 2020 is aimed at supporting vulnerable MSMEs in the payroll obligations of over 500,000 employees for a period of 3 months.
To date, the following STates have met their quota and are consequently NOT ELIGIBLE to participate in the reopening excercise.
The States are; Benue, Plateau, Bauchi, Kano, Rivers and the FCT.
The public is reminded of the qualification requirements listed below:
- Business must have CAC registration
- Business must have a minimum of 10 and a maximum of 50 staff
- Business must be owned by Nigerians
- Must have verifiable BVN
- The Scheme provides for 45% female participation and 5% Special Needs participation.
For further details please visit www.survivalfund.gov.ng