The Nano Business Boom Funds (NBBF) program is an initiative by SEMCCA, an NGO in Nigeria, designed to provide financial assistance to small businesses. It aims to distribute grants of over $400 each to millions of businesses to help improve their financial life, foster growth, and support economic empowerment.
The program is open to small businesses across Nigeria. To be eligible, your business must be registered, operational, and have a demonstrated need for financial support to scale or improve its operations. Both established businesses and startups may apply.
Each eligible business can receive a grant of over $400. The funds are designed to assist businesses in improving their operations, scaling their services, or addressing specific financial challenges.
Aside from the financial grant, successful applicants will also benefit from:
You can apply online through the official SEMCCA website. The application process is straightforward and requires basic information about your business, its goals, and how the grant will be used.
You will need the following documents:
Yes, both established businesses and startups are eligible to apply for the Nano Business Boom Funds. As long as your business is registered and operational, you can apply for the grant.
After the application period closes, it usually takes a few weeks for the SEMCCA team to review all submissions. If selected, you will be contacted with further instructions on how to receive the grant. Processing times may vary depending on the volume of applications.
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