Here is a page that will guide you on How to Apply for the MSME Guaranteed Offtake Stimulus Scheme. Please carefully read through to avoid making any mistake while submitting your Guaranteed Off-take Stimulus online application.
Before you begin your online registration, we advise you know more about the Guaranteed Offtake Stimulus Scheme and what you tend to achieve as a beneficiary.
MSME Guaranteed Offtake Stimulus Scheme
Contents
The Guaranteed Offtake Stimulus Scheme is a Federal Government initiative, aimed at protecting and sustaining the incomes of vulnerable Micro and Small Enterprises by guaranteeing the offtake of their product.
The Guaranteed Off-take scheme is just like the Survival Fund Scheme but here, a total of 100,000 Micro and Small Enterprises are to benefit from the scheme across the states.
The general MSME Grant is a one-off grant of N50,000 that will be given to each qualified MSME as direct cash injection into their Enterprise.
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Qualification Criteria
1. Applicant must be a Nigerian National
2. Applicant must be registered with the Cooperate Affairs Commission (CAC) with at least a business name.
3. Applicant must be ready to produce under NAFDAC and SON specifications.
4. Applicants must have a verifiable BVN and bank account number.
5. Applicant must have at least two (2) staff members
Guaranteed Offtake Stimulus Scheme
How to Apply Online
Applicants who want to apply for Guaranteed Offtake Stimulus Scheme are advised to visit www.survivalfund.gov.ng to apply online.
STEP BY STEP PROCEDURES
Step 1:
Personal registration
To register, you must be the Founder/ Proprietor/ Administrator of the MSME
Register your personal details to start the Guaranteed Offtake Scheme application. Instructions at the top of the form will guide you on the required fields that need to be filled to complete the initial registration.
Step 2:
Activate your account
You will receive an activation code on the mobile number and email address you registered with. You will need this code to activate your account. Please ensure you have access to the phone number or email address you will register with in order to complete your initial registration.
Step 3:
Organisation registration
After you have successfully activated your account, you will need to login and register your Organisation. To complete this stage, you will need your CAC Number, SMEDAN Number, Tax ID (optional) and the organisation’s bank account details.
Note:
Registration for this scheme is free of charge (FOC).
The MSME Guaranteed Offtake Stimulus Scheme Registration Portal is open to all Nigerian citizens.
If you need us to help you with more updated information about MSME Guaranteed Offtake Stimulus Scheme, kindly feel free to ask any question in the comment box below. You can also provide us your phone number or email Address for more updates.
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