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SMEDAN Conditional Grant Scheme

A ₦50,000 grant for Nigerian nano businesses

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Works in AfricaAfrica-built

A Nigerian government grant for nano and micro enterprises to buy equipment, improve the business and support local job creation.

Facts about SMEDAN Conditional Grant Scheme

Category
Grants & Accelerators
Availability
Works in Africa
Countries
🇳🇬Nigeria
Pricing
Free tier
Typical setup time
1+ week
Best for
Solo founder, SMB, Early-stage
Last verified
Sep 21, 2026

Use when

You run a very small Nigerian business and need a small, non-repayable equipment or workforce grant.

Skip when

You need meaningful growth capital. ₦50,000 is working capital for a micro-business rather than a startup round, and the job-creation condition is a real obligation attached to the money.

Status (21 Sep 2026): the official SMEDAN page has a live register-interest form and no published closing date; applications are accepted on a rolling basis. Award: a fixed ₦50,000 grant, non-repayable and interest-free provided the conditions are met, with no equity taken. Condition: the beneficiary is expected to employ one person, and this is verified rather than nominal. Intended for nano businesses at LGA level; prepare CAC and business details. More than 18,000 nano-businesses have been funded to date.

Alternatives

NYDA Grant ProgrammeTony Elumelu FoundationOrange Corners Nigeria

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