Lagos Cares Grants Registration 2021 – Application Form

Lagos Cares Grants Registration 2021 – apply.lsetf.ng/crgsignup Application Form

The program consists of 3 Results Areas (RAs) as defined below:

• RA1 – Focuses on Social Protection
• RA2 – Focuses on Agriculture and;
• RA3 – Focuses on Micro Small and Medium scale enterprises (MSMEs

The Grants falls under three categories;

Credit Grant: This provides credit grants to co-finance up to 40% of new loans given to businesses by qualified financial institutions after the onset of the COVID-19 crisis.

Single grantee limit: Up to ₦100,000 for Micro enterprises,

Up to ₦1million for Small and Maximum of ₦5million for Medium enterprises

REQUIREMENTS

Micro Enterprises

• BVN of Principal
• Company Registration where applicable
• Evidence of existing business operation.
• LASRRA
• Evidence of tax payment
• Evidence of Existing Loan from qualified Financial institutions

SMES

• BVN of DirectorsCompany Registration
• Evidence of existing business operation.
• Evidence of Tax Payments
• LASRRA of Directors
• Evidence of Existing Loan from qualified Financial institutions

Operations Grant

This grant is to Support Operational Expenditure after the onset of Covid-19. This grant

• aims to incentivize MSEs to reach pre- COVID 19 level of employment. The grant would cover operational costs.

Operations grants for MSMEs that cover up to 50% of any verifiable/ documented monthly operational cost for 6 months including but not limited to staff salaries; documented utilities; documented private security expenses.

Single grantee limit: Up to ₦150,000 for Micro enterprises,

Up to ₦1.5million for Small and Maximum of ₦5million for Medium enterprises

REQUIREMENTS

Micro Enterprises

• BVN of Principal
• Company Registration where applicable
• Evidence of existing business operation.
• LASRRA
• Evidence of tax payment
• Evidence of Operating Expense Obligations
• Staff Payee Receipts for the past 3 months

SMES

• BVN of Directors
• Company Registration
• Evidence of existing business operation.
• Evidence of Tax Payments
• LASRRA of Directors
• Evidence of Operating Expense Obligations
• Staff PAYE receipt as at Dec 2019 with payment schedule)
• Staff Payee Receipts for the past 3 months

How to Apply for Lagos Career Program 2021

To , visit https://apply.lsetf.ng/crgsignup

Recommended Articles