The FGN Special Intervention Fund loan is aimed at stimulating economic activity in the SME sub-sector being the major drivers of industrialization, wealth and job creation in Nigeria.
Please note that applications are received and processed at BOI State Offices only. You are not expected to pay any money for application. The application process for the FGN Bank of Industry loan is completely free.
The fund is to be utilized for SMEs engaged in manufacturing and agro-processing businesses with emphasis on value addition to local raw materials.
As stated in the previous page (click here if you don’t remember) the loan has an interest rate: 9% per annum (all inclusive) and also a Legal Fee (where applicable).
You can apply for any amount from 500,000 Naira to 20 Million Naira, depending on the type of business you want to use the money for.
- Payroll Support Registration
- Guaranteed Offtake Registration
- Nigeria Youth Investment Fund
FGN Special Intervention Fund fo MSMEs Application Portal
For more information click here
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We hope this article helped you successfully apply for FGN Special Intervention Fund 2021
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