Facebook Launches ₦500m Grants Programme for Entrepreneurs

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Facebook Launches ₦500m Grants Programme to over 700 eligible Nigerian SMBs to Help Cushion Effects of COVID-19

Facebook yesterday 24th August 2020 announced a ₦500m grant to support 781 small businesses in Nigeria, as part of its $100m Global Grants Programme announced earlier this year, which aims to support 30,000 SMBs in over 30 countries. Aimed at stimulating economic recovery following the effects of COVID-19, this will help empower and extend a lifeline to local small business owners who have been most affected.

Application window: 2pm on 24 August 2020 to 5pm on 04 September 2020.
Implementing partners: The grants will be administered and managed by Deloitte in partnership with FATE Foundation and Afrigrants.

Business eligibility criteria:
business must;
-Have between 2 and 50 employees
-Have been in business for over a year
-Have experienced challenges due to COVID-19
-Be in or near a location where Facebook operates

Eligible Locations All locations in Nigeria are eligible.

Documentation:

-Latest annual return (PDF format.)
-Business registration/business license
-Partnership Agreement (if applicable to your business)
-2019 financial statements (PDF format.)
You may be asked to provide further documents at a later stage in the process.

Eligible Locations All locations in Nigeria are eligible.

PLEASE NOTE:
Facebook is experiencing high levels of applications in Nigeria. If the link above doesn’t work, please check back later to start your grant application.
You cannot apply on behalf of your business if you are a current government official or relative of a government official. You will be asked to confirm you are not a government official as part of the application form.
When completing the application form, please consider the following:
The information you provide will be examined objectively and in a fair manner, with all applicants treated equally.
When answering a question in a ‘free text’ field, please provide the essential information in a comprehensive but concise manner, adhering to the character limits provided.

To register, click here

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