APPLICATION DEADLINE - 4TH SEPTEMBER 2020
Facebook Small Business Grants Programme to support businesses impacted by the COVID-19 pandemic has launched in Nigeria. According to the company, 781 small businesses in Nigeria will benefit from a ₦500m grant as part of its $100m Global Grants Programme.
“We know that your business may be experiencing disruptions resulting from the global outbreak of COVID-19. We’ve heard that a little financial support can go a long way, so we’re offering Naira 400,128 in cash grants and Naira 240,077 in ad credits to help during this challenging time.” Facebook says.
To be eligible to apply, you must:
Be a for-profit business
Have between 2 and 50 employees
Have been in business for over a year
Have experienced challenges from COVID-19
Be in or near a location where Facebook operates
All locations in Nigeria are eligible.
The program which started earlier this year aims to support 30,000 Small and Medium Scale Business (SMBs) in over 30 countries including Nigeria.
If you meet the above requirements you will need the following documents when applying; the latest annual return of your business, your business registration or business license, Partnership Agreements and your 2019 financial statements.
How to Apply
For the application process in Nigeria, Facebook has partnered with Deloitte Ireland LLP and Quest Computing Ltd who will be administering the application process.
The application will be available to qualified SMBs in Nigeria, from 24th August 2020 for the North East (Adamawa, Bauchi), North West (Kaduna, Kano) and South East (Abia, Anambra) regions and 26th August 2020 for the South West(Lagos, Ogun, Oyo), South-South (Edo, Delta, Rivers) and North Central (Abuja, Kwara, Kogi) regions.
Note: Facebook has disclosed that they are experiencing high levels of applications in Nigeria. So If the link above doesn’t work, please check back later to start your grant application.