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NG CARES Batch 2 MSME Grant: Apply Links, Requirements

November 28, 2023

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The NG CARES Grant Programme Batch 2, designed to assist Micro, Small, and Medium Enterprises (MSMEs) grappling with the aftermath of the COVID-19 pandemic, is back.

The NG CARES initiative, operating under the Nigeria COVID-19 Action Recovery and Economic Stimulus (CARES) Program, focuses on alleviating the local impacts of the global pandemic by protecting the livelihoods of vulnerable households and supporting the recovery of local economic activities, particularly targeting MSMEs.

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In collaboration with the World Bank, the Federal Government, and the Bank of Industry (BOI), the NG CARES Grant Programme aims to support the survival of SMEs across Nigeria’s states through the implementation of three Delivery Link Indicators (DLIs):

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1. DLI 3.1 (Credit Enhancement Grants): Providing financial support to distressed MSEs.
2. DLI 3.2 (Operations Grants): Supplying one-off grants covering operational expenses such as salaries, rent, and utilities.
3. DLI 3.3 (IT Enhancement Grant): Facilitating grants for adopting digital technology and integrating platforms.

Requirements for NG CARES Grant Program Batch 2 in 2023

To apply for Batch 2, no documentation upload is required. The registration form mandates the following details:

– Business Name
– Business Type (Industry)
– Industry Subtype
– Business Establishment Date
– Number of Employees
– Head of Business (Last Name, First Name, Date of Birth, Phone Number, Email, Gender)
– State and Local Government Area (LGA) of Business
– Current Monthly Sales in Naira

Stages in NG CARES Grant Programme Batch 2 Application in 2023

1. Application Stage: Complete and submit the form.
2. Vetting Stage: Successful applications move to the vetting phase.
3. Enumeration State: Final stage after vetting.

To check the vetting status, input your phone number on the Plax application platform after applying. If vetted, provide additional business information; if not, wait for notification on the reason for non-approval.

How to Apply for NG Cares Grant Programme Batch 2 in 2023

Applying for NG-Cares Grant Programme Batch 2 in 2023 is straightforward: Access your State’s registration portal through the provided links, accurately complete the form, ensure precise date selection, and submit. When applying, choose only one Delivery Link Indicator (DLI) and ensure that your Bank Verification Number (BVN) name aligns consistently with both your registration and account names.

Explore the links for your State to access the NG-CARES 2023 Registration Portals:

Abia – https://plax.ng/abia

Adamawa – https://plax.ng/Adamawa

Akwa Ibom – https://plax.ng/Akwaibom

Anambra – https://plax.ng/anambra

Bauchi – https://plax.ng/bauchi

Bayelsa – https://plax.ng/bayelsa

Benue – https://plax.ng/benue

Borno – https://plax.ng/borno

Cross River – https://plax.ng/crossriver

Delta – https://plax.ng/Delta

Ebonyi – https://plax.ng/ebonyi