Recognizing the financial constraints many startups and Micro Small and Medium Enterprises (MSMEs) face, the FGN ALAT programme provides a unique opportunity for participants to access grants. But these are not just grants; they are a vote of confidence, an endorsement of the entrepreneurial spirit. The FGN ALAT programme is designed to alleviate some of the initial financial burdens startups and Small and Medium Enterprises (SMEs) face, allowing them to focus on innovation, scaling, and making a meaningful impact in their respective sectors.

THE ELIGIBILITY CRITERIA FOR FGN ALAT PROGRAMME

SECTOR FOCUS:

Open to tech-enabled businesses in any sector of the economy, with the priority sectors being agriculture, retail, housing and property, clean solutions, transportation and logistics, data and infrastructure, privacy and security, and energy innovation.

FGN ALAT GRANT AMOUNT:

Applicants can get up to ₦500,000 in grants.

DEVELOPMENT STAGE:

The business should be in its early stages, showing promise for scalability and impact.

OPERATIONAL MARKETS:

$100,000

MAXIMUM VALUATION:

The business must be operational in Nigeria and its product or service must be targeted at the Nigerian market.

TEAM ASSESSMENT:

There should be evidence of a strong, committed team behind the business, possessing the potential to execute the business idea and plan effectively.

ETHICAL AND LEGAL STANDARDS:

Businesses must adhere to high ethical standards and comply with relevant legal regulations in their operations.

Participants who meet these criteria stand a higher chance of being connected to FGN ALAT grant opportunities. However, please note that there will be a transparent and competitive process to determine the beneficiaries of the FGN ALAT grant.

THE ELIGIBILITY CRITERIA FOR FGN ALAT LOAN

SECTOR FOCUS:

The federal government loan is open to tech-enabled businesses in trade and commerce, healthcare, education, agriculture, and clean energy.

FGN ALAT LOAN REQUIREMENT:

Applicants can get FGN ALAT loan of up to ₦5,000,000.

BUSINESS STAGE:

The business should be in its early to mid-stage, demonstrating some track record and potential for growth.

OPERATIONAL MARKETS:

The business must be based in or primarily serve the Nigerian market.

REPAYMENT CAPACITY:

Applicants must have evidence of a stable revenue stream or a solid business plan projecting the ability to repay the loan within the stipulated time.

CREDIT HISTORY:

A satisfactory credit history or, for newer businesses, a personal credit check of the founders may be required.

COLLATERAL OR GUARANTEES:

Depending on the FGN ALAT loan size and terms, some form of collateral or personal guarantees might be required.

ETHICAL AND LEGAL STANDARDS:

Businesses must operate with integrity, adhering to the relevant laws and regulations of their industry and region.

Participants who meet these criteria stand a higher chance of being given FGN ALAT loan. However, please note that there will be a transparent and competitive process to determine the beneficiaries for the FGN ALAT loan.

Applicants interested in the FGN ALAT grant Programme and FGN ALAT loan programme can click here > https://fgn-alat.dimpified.com/register/ to get started.
The FGN ALAT Grant Programme and FGN ALAT Loan Programme is an initiative of Wema Bank in conjunction with the Federal Government of Nigeria.

Government of propaganda and scam

IkeIgboNiile:
Government of propaganda and scam

I do not support this hundred percent.