USADF/DFC ASBC Programme 2022 for SMEs Apply Here
SMEDAN Grant – S100,000 — $1,000,000 for entrepreneurs in Nigeria – Fill ASBC Application Form – APPLY HERE.
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It is now very popular news that SMEDAN has announced a new, bumper grant of $ 1,000,000 for entrepreneurs in Nigena and the rest of Africa.
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We now have more information about this. How can aspiring Nigerians take advantage of this opportunity to grow their businesses by applying for this SMEDAN grant?
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For those MSMEs who have yet to apply for this benefit, the Nigerian Small and Medium Enterprise Development Agency (SMEDAN) has generally offered $ I00,000 grant opportunities to Micro, Small and Medium Enterprises (MSMEs) in Nigeria and Africa. Has been re-announced.
The main goal of this project is to grow small companies in Nigeria and other African countries by the United States.
The project will provide MSMEs with subsidies of up to $100,000 and technical assistance.
Agriculture and food security, education, healthcare, sanitation and hygiene, as well as climate change and gender justice will all be addressed.
How to apply for SMEDAN Grant – How to fill Fill ASBC Application Form
The African Small Business Catalyst (ASBC) program is a simple VAT technical application process. Following the steps outlined below will help you reach your teen goal:
1. First visit to the official SMEDAN ASBC portal: https://usadf.gov/program-application-form
2. Here you need to fill ASBC application form
3. How do I apply to ASBC?
Start by answering the following questions:
- Are you a small business operating in at least one of these countries: Côte d’Ivoire, Senegal, Uganda, Nigeria?
– You need to select right option- - Is your business in one of the following sectors: agriculture & food security, education, healthcare, and water, sanitation, hygiene (WASH)?
– You need to select right option- - Does your business have a social impact mission?
– You need to select right option- - Have you been actively engaged in running this or other businesses in Africa for 2 or more years?
– You need to select right option- - Does your business have a written accounting procedure manual?
– You need to select right option- - Do you have financial management accounts for the business for the last 2 years?
– You need to select right option- - Do you operate a bank account for the business transactions?
– You need to select right option- - Is your business formally registered/incorporated according to local laws?
– You need to select right option- - Does your business have majority African ownership?
– You need to select right option- - Does your business have any women in senior positions in the company (management or board)?
– You need to select right option- - Are you seeking debt capital for growth?
– You need to select right option- - Do you have enough assets and equity to support a loan of USD $100,000 or more?
– You need to select right option- - Are you struggling to obtain adequate funding from local banks or other investment partners?
– You need to select right option- - Do you need technical support with the development of your business model, product, management training, or other key areas of your business?
4. Fill in the other parts of the form by answering the questionnaire on the form.
5. Click ‘Submit’
6. Check your email for receipts and always check your email for follow up