The Presidential Conditional Grant Scheme(PCGS) Progamme 2024/2025 Application portal has been activated. This article will highlight the steps to access the loan and also provide information on eligibility that one must meet before they can be granted access to the loan.
About The Scheme
The scheme is designed to reach a total of 1 million Nano businesses situated in 774 local government areas in the country. The grant sum is N50,000.00 (Fifty Thousand Naira) per beneficiary and the scheme is designed to target 70% women and youth, 10% people with disabilities, and 5% senior citizens, while the remaining will be distributed to other demographics.
Sectors The Scheme Aims To Target
The scheme will target the following sectors:
- Traders
- Food Services
- ICT
- Transportation
- Creatives
- Artisans
Survival Fund Registration Portal
Requirements That Will Be Needed Before One Can Apply For The Scheme
Before you can apply for the scheme, you will need to possess the following:
- A business that provided value
- A business phone number
- Must have an account number
- A Bank Verification Number(BVN)
How To Apply For The Grant
Interested persons should follow the procedures below to apply for the grant:
- Visit the application portal grant.fedgrantandloan.gov.ng/apply
- Fill out the form properly
- Click on the submit request button to proceed
Drop your questions in the comment section also share this article if you found it helpful
Comments are closed.