The Federal Government has opened the portal for the registration of prospective beneficiaries of the Survival Fund.
The Survival Fund is the Federal Government’s business support initiative, that is aimed at tackling the economic challenges faced by small businesses as a result of the coronavirus outbreak.
The programme which according to the minister of state for industry, trade and investment, Mariam Katagum “will run for an initial period of three months, is targeting 1.7 million entities and individuals and has provisions for 45 per cent female-owned businesses and five per cent for those with special needs.”
In order to ensure a seamless registration process, the Project Delivery Office has designed a registration schedule.
As such, registration for Payroll Support will start with educational institutions (Private schools) on Monday and will be followed with businesses in the hospitality industry on Friday, September 25 beginning from 12 am.
The portal will also be open to other categories of small businesses from 12 am, on Monday, September 28, 2020.
Educational institutions interested in the scheme should log on to www.survivalfund.ng from 10 pm, to register for the payroll support initiative.
Note: Please ensure you register your business at www.smedanregister.ng before applying for the payroll support fund.