A ₦50,000 grant for Nigerian nano businesses
A Nigerian government grant for nano and micro enterprises to buy equipment, improve the business and support local job creation.
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.
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