BOA-SMEDAN Matching Fund Programme Registration Application Portal for Micro and Small Enterprises 2022/2023 – Bank of Agriculture (BOA) Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Registration Application Portal is ongoing for Matching Fund Programme 2020. All you need to apply for BOA-SMEDAN Matching Fund Programme 2022 are all contained in this article below
SMEDAN and the Bank of Agriculture (BOA) Matching Fund is desirous of building synergy in key areas of their respective mandate, have jointly scheduled an intervention – Matching Fund Programme for MSEs – to boost the output of micro and small enterprises (MSEs) across the country.
Dr. Dikko Umaru Radda, said the two agencies are committed to the successful implementation of the programme in the interest of Nigeria’s MSEs.
He also stated that the disbursing entity, under the programme, shall be the Bank of Agriculture Ltd (BOA).
“Target beneficiaries for this programme shall be labour-intensive micro or small enterprises (MSEs), operating in the real sector.
These shall ideally have innovative value-added products that are establishing footprint in the Nigerian market, and require additional funds to increase output,” the Director General said.
He therefore called for applications from all suitably-qualified MSEs located in the Federal Capital Territory (FCT), Kaduna and Oyo states to apply for the programme.
Finally, Dr. Radda stated that prospective beneficiaries, who must be registered with SMEDAN, may apply for loans within the range of N1.2 million to N5 million on business–friendly terms.
He said the Matching Fund initiative has commenced, with the opening of the programme portal is a promotional intervention meant to deliver credit to the sub-sector, with triple objectives of enhancing enterprise output, competitiveness and jobs creation.
For Registration update visit https://smedan.gov.ng/boa-smedan-matching-fund-programme
The latter includes waiver of collateral. Note that free registration is still on-going.
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