How Nigerian Entrepreneurs Can Access the Facebook Small Business Grants

By Oluchi Johnson-Achibiri | 1 min read
25th August 2020
How Nigerian Entrepreneurs Can Access the Facebook Small Business Grants

On August 24, 2020, Facebook announced a N500m Naira grant to support 781 small businesses in Nigeria, as part of its $100m Global Grants Programme announced earlier this year, which aims to support 30,000 Small Businesses in over 30 countries. Aimed at stimulating economic recovery following the effects of COVID-19, this will help empower and extend a lifeline to local small business owners who have been most affected.

The grants will be administered and managed by Deloitte in partnership with FATE Foundation and Afrigrants. It will be provided as a combination of cash and ad credits to help small businesses as they rebuild, re-engineer and recover operations during this challenging year.

Eligibility

  • Grant is available to qualifying small businesses in Nigeria who have between 2 and 50 employees
  • Have been in business for over a year
  • Have experienced challenges due to COVID-19
  • Be in or near a location where Facebook operates

Implementing partners:

The grants will be administered and managed by Deloitte in partnership with FATE Foundation and Afrigrants.

How to apply

  • Click on https://web.facebook.com/business/boost/grants?ref=alias
  • Scroll down to the how do I apply section, select Nigeria on the where is your business located? Dropdown
  • Scroll further downwards to click on continue to partner site
  • Read through and scroll to the bottom of partner site to click on Apply
  • On the application page; answer the eligibility quiz to proceed to the grant application registration page
  • Password strength must reach 100% and must be accepted by the password strength checker, else your registration would not go through
  • Upon successful registration, you will see "Your registration request has been submitted to the Small Business Grants Programme administrator. It is still waiting approval. Thank you."
  • You should be able to now proceed to finally apply for the grant after your registration has been approved by the programme administrator

Documentation:

  • Latest annual return (PDF format.)
  • Business registration/business license
  • Partnership Agreement (if applicable to your business)
  • 2019 financial statements (PDF format.)
  • You may be asked to provide further documents at a later stage in the process.

Application window:

24th August 2020 to 4th September 2020.

Things to Note:

  • Facebook is experiencing high levels of applications in Nigeria. If the link above doesn't work, please check back later to start your grant application.
  • You cannot apply on behalf of your business if you are a current government official or relative of a government official. You will be asked to confirm you are not a government official as part of the application form.

For more information click here

Oluchi Johnson-Achibiri
Oluchi Johnson-Achibiri has a background in Management Consulting and is passionate about lending her experience to help entrepreneurs start and scale their businesses.
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