How to Apply For NG CARES Stimulus Programme 2021/2022 grant of 750 million – If you are looking for how to apply for the NG CARES Stimulus Programme 2021, then you are in luck for seeing this article as this article is for you. We are going to give you in-depth information about this programme so as to help you apply successfully and get access to the grant.
The NG CARES was designed and initiated by the Federal Government of Nigeria with support from the World Bank to alleviate the effect of the COVID-19 pandemic that hit the world in 2020.
The NG CARES stands for the National Covid-19 Action Recovery and Economic Stimulus and it is to help vulnerable Nigerians, small farmers and Small and Medium Scale businesses that were affected by the pandemic get back on track to how they were before the pandemic or even better.
Don’t stop reading as we still have a lot of information to reveal to you to help you assess this grant but before we proceed, let’s look at the list of what we will talk about in this article.
Table of content
- Fund available for the programme
- NG CARES Stimulus Programme Requirements
- Target businesses
- How to apply for the NG CARES Stimulus Programme 2021
- Final Note
Fund Available For NG CARES
Like we said in the introduction that the World Bank is assisting the Federal Government of Nigeria and it will bring about 750 million dollars from the period of 2021 to 2023 and this money is going to go a long way to help Nigerians.
The programme has a plan of giving out 20 million dollars to each state in Nigeria while the Federal Capital Territory (FCT) will get about 15 million dollars. The programme is a work-in-progress and it will surely alleviate a lot of Nigerians that were greatly affected by the Covid-19 pandemic. So if you have not looked into this direction, you have to start now and get assistance to grow your business.
NG CARES Stimulus Programme Requirements
For you to be able to apply and get approved for the grant you must meet the requirements for the grant and this is what we will be listing below.
The requirements are:
- Means of identification (Voters Card, NIN, Drivers’ License)
- Birth certificate
- Proof of residence in Nigeria (Voters Card, Utility Bills)
- Proof of business operations and transactions details like cash book register, bank statement
- Tax identification number
- Bank Verification Number (BVN) Printout and duly stamped by the bank
- CAC Registration Documents
We want to look at the businesses that will benefit from this programme and they are:
- Micro businesses that have about 3 to 9 employees
- Small businesses that have about 10 to 50 employees
So if your business meets these criteria, you can apply for the grant as you might stand a chance if you meet the requirements we highlighted above.
How to apply for NG CARES Stimulus Grant 2021
You must have seen the requirements for the programme and also the eligibility criteria for you to apply for the grant, so we are going to put you through how you can apply for the programme as we are sure that with the information we give you in this article, you will stand a chance in getting the grant.
As an interested applicant, you can apply offline through the NG CARES agents or enumerators in your community or you can contact your community CDC chairman, women leader or even your youth president to know how to go about your registration.
The forms have been shared to these people we have listed so do well to contact them and start your application so you can be among the successful applicants to get the grant.
If you wish to register online, you can visit the World Bank Stimulus project page: www.projects.worldbank.org/