FG Presidential Conditional Grant Scheme Portal 2024 | Apply Now

FG Presidential Conditional Grant Scheme Portal 2024 | Apply Now

If you are a small business owner in Nigeria, you will be happy to know that Federal Government has reopened Presidential Conditional Grant Scheme Portal 2024.

The Nigerian government is offering a helping hand to small businesses! They’ve reopened the application portal for the Presidential Conditional Grant Scheme (PCGS), a program designed to support small businesses across the country.

About Presidential Conditional Grant Scheme

The PCGS provides grants of N50,000 (fifty thousand Naira) to one million micro enterprises throughout all 774 local government areas. This financial boost can help businesses expand, recruit additional personnel, and enhance operations.

Who are Eligible To Apply

The program prioritizes supporting specific groups:

• 70%: Women and Youth
• 10%: People with Disabilities
• 5%: Senior Citizens
• 15%: Other Demographics

Eligible Businesses

Several business types are eligible to apply, including:

• Traders: Single retailers, corner shop owners, petty traders, market sellers
• Food Services: Food and vegetable vendors
• ICT: Business center operators, phone chargers, recharge card sellers, call center agents
• Transportation: Wheelbarrow pushers, independent delivery riders
• Creatives: Makeup artists, fashion designers, dry cleaners
• Artisans: Vulcanizers, shoemakers, painters, repairers

How to Apply

The application process is expected to be online. Unfortunately, the specific website address isn’t mentioned here. Keep an eye out for official government announcements for the application link.

Portal Link: https://grant.fedgrantandloan.gov.ng/apply
Application Link: https://grant.fedgrantandloan.gov.ng/

Some Frequently Asked Questions (FAQs)

Q: How much is the grant amount?

A: The grant amount is N50,000 (fifty thousand Naira).

Q: Who can apply for the grant?

A: The program prioritizes women and youth (70%), people with disabilities (10%), senior citizens (5%), with the remaining 15% open to other demographics.

Q: What types of businesses are eligible?

A: Many small business types qualify, including traders, food vendors, ICT businesses, transportation providers, creative businesses, and artisans (see details above for specific examples).