Apply for SMEDAN Conditional Grant Scheme 2025
If you are small business owner in Nigeria seeking for Grant to boost your business, then this article is for you. The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is now accepting applications for the 2025 Conditional Grant Scheme (CGS).
This Scheme is aimed at giving grants to small businesses for workforce support and procurement of equipment for business owners.
About SMEDAN CGS
The Conditional Grant Scheme is designed to support small businesses by providing financial assistance of ₦50,000 to help them with:
-
Buy business equipment
-
Supporting existing staff or hiring at least one additional employee
This initiative is focused on boosting grassroots entrepreneurship and encouraging job creation across all 774 LGAs in Nigeria
Who Is Eligible to Apply for SMEDAN CGS
Any nano or micro business owner operating in Nigeria is eligible to apply. Whether you’re into fashion, agriculture, tech, retail, or services, as long as your business is active and located in Nigeria, you can apply.
Benefits of CGS
Participants in the Conditional Grant Scheme (CGS) for micro enterprises receive financial assistance tailored to their business needs.
These nano businesses get a sum of ₦50,000 grant on the condition of employing one person in order to encourage job creation.
Requirements
-
Your business must be located within Nigeria.
-
You must be ready to employ at least one person with the grant support.
-
The application is 100% free