SMEDAN 2025 grant portal is now open. Eligible micro businesses in Nigeria can apply for the ₦50,000 FG Conditional Grant. Read how to register and get paid.
The Federal Government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has officially opened the application portal for the 2025 Conditional Grant Scheme (CGS). This program provides ₦50,000 in free funding to eligible micro and nano entrepreneurs across Nigeria.
What is the SMEDAN N50K Conditional Grant Scheme?
The SMEDAN Conditional Grant is a federal initiative aimed at empowering small business owners operating in Local Government Areas (LGAs). The purpose is to provide financial assistance to help businesses scale up, employ more people, and contribute to economic growth.
Eligibility Criteria for SMEDAN 50k Grant
To qualify for the 2025 SMEDAN CGS:
- You must own a nano or micro business in Nigeria
- Your business must be located within a Local Government Area
- You should not apply more than once
- Application is free and open to all eligible entrepreneurs
How to Apply for SMEDAN Grant 2025
Here is a simple guide to apply:
- Go to the official SMEDAN portal via https://smedan.gov.ng/our-programs/cgs
- Register using your valid personal and business details
- Submit the application form online
- Wait for official communication from SMEDAN
Benefits and Conditions of the SMEDAN Grant
Approved applicants will receive ₦50,000 to improve their business operations. One major condition is that each beneficiary must employ at least one new staff member to encourage local employment.
SMEDAN CGS Deadline for 2025
As of now, the closing date for SMEDAN CGS 2025 applications has not been announced. Interested business owners are advised to apply promptly while the portal remains open.
When Will SMEDAN Start Paying the N50,000 Grant?
The disbursement date for the SMEDAN Conditional Grant will be made public soon. Stay connected with us for the latest updates as soon as the payment timeline is released.
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