The Federal Government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is offering support to nano businesses through its Conditional Grant Scheme (CGS), which is designed to strengthen small enterprises and encourage job creation.
The scheme provides a fixed grant of ₦50,000 to eligible nano businesses for workforce support and equipment procurement. A key condition is that beneficiaries must employ one additional person, making employment creation part of the intervention.
The programme targets nano businesses operating at the local government area (LGA) level. It is intended to help business owners meet practical needs, improve operations and build their capacity to serve customers.
SMEDAN’s official website invites interested business owners to register their interest in the scheme. This provides a route to express interest, but it should not be mistaken for guaranteed approval or payment. Applicants should follow instructions published by the agency and check for further announcements.
The official CGS page confirms the ₦50,000 grant and the condition of employing one person. However, it does not state a closing date or publish a detailed list of required documents. Applicants should check the portal for any additional requirements before submitting their details.
The support is relevant to traders, artisans and small operators needing basic tools or an additional worker to expand their activities and businesses.
Who can apply
How to apply
Visit SMEDAN’s official Conditional Grant Scheme page at https://smedan.gov.ng/our-programs/cgs/ and select the option to register your interest. Complete the requested details and follow the instructions on the website. Keep a record of your submission and monitor the official page for updates about screening, selection and payment. The grant is ₦50,000, subject to the scheme’s conditions and selection process.