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LIST of the federal government SMEs program's in Nigeria


LIST OF FEDERAL GOVERNMENT SMES PROGRAMs.

SMEs is a program invented by federal government to increase job creating, food security and vehicle substainability in the country, which will increase the economic development of the country.

HERE ARE SOME FEDERAL GOVERNMENT SMES



1. MSMED (micro, small and medium enterprise development fund).
This is the program that will help small business owners to reach there demand for them to depend on theme self.
CATEGORIES THAT CAN APPLY FOR THE PROGRAM
  a. Micro entrepreneur ( less than 500k)
  b. Small and medium enterprise ( between 500k to 50 million?
 
FINANCIAL INSTITUTION
a. Micro finance bank.
b. NGO-micro finance institution.
c. Financial cooperation.



2. AGSEIS (Agric small, medium enterprise invention scheme).

This is the program invented by federal government to help the agricultural revolution in the country for food security and development of economic in the country.
The SMEs can apply up to 10million # with the rate of 5%/ Annum.


WHO CAN APPLY FOR SMEs

  a. Agriculture.
  b. Health.
  c. ICT.
  d. Creative industry.
  e. Product and manufacturing.
  f. Service.




3. CBN creative industry fund


LIST OF COLIFIED CATEGORY

 a. Fashion
 b. Music
 c. ICT
 d. Movie
  
LIST OF LOAN AMOUNT
 a. 500 million for fashion, music
 b. 3 million for software engineers
 c. 30 million for movie

LOAN TENURE
a. 10 years for music, fashion and IT.
 b. 3 years for software engineers
 c. 10 years for movie distribution and product




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