LSETF Care Loan 2021 – Providing Support to businesses affected by Covid-19. Apply for one of the Lagos Cares Grant. This is to inform the general public about the ongoing Covid-19 Lagos Care Grant Registration 2021, which is open for interested and qualified applicants.
The program consists of 3 Results Areas (RAs) as defined below:
Credit Grant: This provides credit grants to co-finance up to 40% of new loans given to businesses by qualified financial institutions after the onset of the COVID-19 crisis.
Single grantee limit: Up to ₦100,000 for Micro enterprises,
Up to ₦1million for Small and Maximum of ₦5million for Medium enterprises
READ – Kwapreneur Loan 2021 – Kwara State Free Interest Loan Application Portal
REQUIREMENTS
Micro Enterprises
SMES
Operations Grant: This grant is to Support Operational Expenditure after the onset of Covid-19. This grant aims to incentivize MSEs to reach pre- COVID 19 level of employment. The grant would cover operational costs.
READ – Chevron Nigeria Limited Graduate Internship Program 2021-2022
Operations grants for MSMEs that cover up to 50% of any verifiable/ documented monthly operational cost for 6 months including but not limited to staff salaries; documented utilities; documented private security expenses.
Single grantee limit: Up to ₦150,000 for Micro enterprises,
Up to ₦1.5million for Small and Maximum of ₦5million for Medium enterprises
REQUIREMENTS
Micro Enterprises
SMES
To , visit https://apply.lsetf.ng/crgsignup
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