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Survival Fund Application Portal 2022

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The Survival fund application portal for 2022 is currently open and the registration is ongoing. If you are interested you should apply immediately. In this article, we would outline all you need to know about the Survival fund application and its requirements.

The motive of the Federal Government MSME, CRM, & MIS platform survivalfund.gov.ng is to assist with the online enrollment, on-boarding, and administration of Micro, Small, and Medium Enterprises for the Federal Government Survival Fund Program.

This proposal is a fraction of the Economic Sustainability Plan, which seeks to finance and safeguard enterprises from the possible susceptibility caused by the COVID-19 pandemic.

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The proposal contains payroll support, guaranteed off-take, and an MSME grant. The CRM & MIS Platform will also encourage the merchandise administration of the Guaranteed Offtake Scheme.

Requirements for Survival Fund Application.

If you are interested in applying for the survival fund, here are some of the requirements needed:

1. You must have an authorized bank verification number (BVN)

2. You must be a Nigerian

3. Your business must be home-based.

4. You must be enrolled with CAC (Corporate Affairs Commission)

5. You must have at least 10 staff under your payroll.

Also, the Survival fund is accessible to those who are self-employed. But the spots are few for those who are self-employed. Here are the lists of self-employed people that are considered:

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1. Electricians

2. Plumbers

3. Mechanics

4. Artesians

5. Ride and share drivers (Uber and bolt etc)

7. Bus drivers

How to Apply for the Survival Fund Program

1. To participate in the Federal Government Survival Fund Program, you have to enroll with your business or personal data using the authorized application portal. You will require essential information like CAC registration data to finalize this.

2. As soon as you are wholly enlisted in the program, finalize the on-boarding procedure by including organization, employees, and bank details.

After your signup, you will get an activation code on your registered phone number. You will be asked to click the activation code to be sent to you for your account to be activated.

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Make sure you use a password you can recollect and your mobile number should be accessible.

3. The last and most important phase is when you get paid. Once your request has been successfully confirmed, you will earn your payment under the program you applied for.

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