The Federal Government has disclosed that the registration portal for the MSME Survival Fund will open at 10pm, Monday, September 21, 2020.
According to a statement issued on Sunday by the Project Delivery Office, the portal which opens at 10PM will have educational institutions as the first category of beneficiaries to register.
“In order to ensure seamless registration process, the Project Delivery Office (PDO) has designed a registration schedule.
“Registration for Payroll Support will start with educational institutions on Monday and will be followed with businesses in the hospitality industry on Friday September 25 beginning from 12 A.M.
“The portal will also be open to other category of small businesses from 12 A.M., on Monday September 28, 2020,”
The office therefore advised those interested in benefiting from the fund to take note of the schedule and also log on to: http://www.survivalfund.ng, to register for the payroll support initiative. It also notes that the registration for every sector will continue until Thursday 15th October, 2020.
The MSME Survival Fund is a conditional grant to support vulnerable micro and small enterprises in meeting their payroll obligations and safeguard Jobs in the MSMEs sector.
The scheme is estimated to save not less than 1.3million jobs across the country and specifically impact on over 35,000 individuals per state.
The scheme will be implemented over an initial period of three months in order to provide immediate relief from the economic impact of the pandemic.
Its targets beneficiaries are in two categories namely; employees of MSMEs and Self-employed individuals, of which both schemes have made provision for a 45% female business participation and special needs participation of 5%.
