Discover the Path to Empower Your Business Growth with the FCMB SkillPaddy Global Entrepreneurship Fund for SMEs
Are you an ambitious business owner seeking financial backing to propel your enterprise to new heights? Seize the opportunity now and register for a shot at securing a N1 million grant, a pivotal step toward scaling up your business. This heralds exciting news as FCMB is unwavering in its dedication to championing SMEs, poised to provide the essential boost your business craves.
The FCMB SkillPaddy Global Entrepreneurship Fund stands as a beacon, a program meticulously crafted to nurture the growth and triumph of small and medium-sized businesses (SMEs). It goes beyond mere financial assistance, offering a plethora of resources to visionary entrepreneurs looking to initiate or expand their ventures.
Who is Eligible to Apply for the Fund?
Entrepreneurs steering small or medium-sized businesses are invited to apply for the FCMB SkillPaddy Global Entrepreneurship Fund. Whether you are harboring a nascent business concept or steering an established enterprise hungry for funding, this program is tailored for you.
The Global Entrepreneurship Week Program is orchestrated by First City Monument Bank Limited, referred to as the Organizer. This initiative strives to furnish educational resources and grants to participating SMEs, denoted as Participants/Applicants, fortifying their journey to career advancement.
Benefits of SkillPaddy Global Entrepreneurship Fund
1. Embark on a one-month transformative business training valued at N250,000, absolutely free.
2. Bask in the glow of a complimentary business spotlight.
3. Stand a chance to be among the five entrepreneurs bestowed with N1 million each in business grants.
4. Criteria for Qualifying for SkillPaddy Global Entrepreneurship Fund:
5. Applicants must preside over an existing and operational business.
6. The business must boast a track record of at least 12 months of operation.
7. A comprehensive business plan is a prerequisite for applicants.
8. An active FCMB account with a minimum balance of N5,000 is essential for eligibility.
For WSMEs, the principal applicant must fulfill one of the following criteria:
- Possess a minimum stake of 51% in the business.
- Garner at least 20% ownership from a minimum of three female members within the management team.
- Stand as the sole owner of the business.
- Successful applicants are obligated to allocate competition winnings for business-related purposes, adhering to terms and conditions.
- Strict adherence to the specified deadline for submission, as late submissions will not be entertained.
Application Process
If you are both enthusiastic and qualified, take the leap and apply for this transformative opportunity at First City Monument Bank (FCMB) by navigating to their website: www.fcmb.com.
To register your business for this metamorphic opportunity, follow this link: https://www.fcmb.com/GEW/
In Conclusion
The FCMB SkillPaddy Global Entrepreneurship Fund stands as an invaluable opportunity for small and medium-sized businesses in Nigeria. Beyond financial aid, it serves as a cornerstone, providing resources to entrepreneurs, fostering business growth, and contributing to the nation's economic landscape. Whether your business is in its infancy or seeking expansion, seize this chance to apply for the fund and propel your business to unparalleled heights.
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