Survival Fund Application: See Answers To Frequently Asked Questions About Grant Opportunity

The Survival Fund Application applications is still on, AllNews understands.

Recall AllNews reported that the portal for the registration of prospective beneficiaries for the Survival Fund opened on Monday, 21 September, 2020.

There are different categories of businesses to put in for, via https://survivalfundapplication.com.

The survival fund is a conditional grant to support vulnerable Micro and Small enterprises in meeting their payroll obligations and safeguard jobs in MSMEs from the shock of the COVID- 19 pandemic, according to the Nigerian Government.

The scheme is estimated to save at least 1.3 million jobs across the country, while targeting an average of 35,000 individuals per state.

Registration for businesses in the Hospitality Sector commenced last Friday, the 25th day of September 2020.

Enrollment for all sector started yesterday, Monday, 28, September, 2020.

Interested Nigerians have been inquiring about things they are not clear with as regards Survival Fund Application.

Thus, AllNews has noted down answers to some frequently asked questions about the Survival Fund Application.

Check them out below:

Is SMEDAN number optional or compulsory?

It is compulsory for the survival fund payroll grant. It only requires 5 minutes to obtain. To register kindly visit http://smedanregister.ng.

Smedan number given to me is eleven (11) and the portal is requesting Twelve (12) Pls what do I do?

Registration with SMEDAN takes five minutes. To register kindly visit http://smedanregister.ng.

You said you were going to open on the 25/09/2020 and today is 28/09/2020, still haven't seen anything. Secondly, for the evidence of payment of salary to employees, most of us do table payment and not online or bank transaction; what are we going to do in a situation like this?

Table payments are eligible for the one off grants.

For those that doesn't have CAC NUMBER how can they register?

CAC registration is required for applicants of the Payroll Support Scheme. You can apply for the Formalization Support which will provide free CAC Business Name Registration for 250,000 businesses. We will duly inform the public when registration commences.

Please, I tried login to my account but always said ACCOUNT LOCKED. Try after 5 minutes or reset password. I reset the password but still showing account locked.

Please wait for another 20 minutes to reset your password. This feature is deliberate to protect against what is called “Brute Force Attack”.

Please I can't register for name grant and guarantee take off. I had initially registered for msme payroll the first day. Thank you.

Good day. You can only register for one scheme or stand the risk of being disqualified. Thank you.

Please I made a mistake entering my bank account details, and I tried to edit and update but it doesn't update, please what can I do?

Such sensitive information cannot be edited. Thank you.

NB: Answers are obtained from the MSME Survival Fund's (MSMEs) official Twitter handle, as provided by their agents.