Lagos Cares Grants 2021 Apply Now–  apply.lsetf.ng/crgsignup

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Lagos Cares Grants 2021 Apply Now–  apply.lsetf.ng/crgsignup

NewsReport Nigeria | May 21, 2021

Apply for Lagos Cares Grants 2021 following the guideline below;

Lagos Care grant 2021 is aimed at Providing Support to businesses affected by Covid-19.

This is to bring to your notice about the ongoing COVID19 Lagos Care Grant Registration 2021, which is open for interested and qualified applicants.

The program consists of 3 Results Areas (RAS)

RA1 – Focuses on Social Protection

RA2 – Focuses on Agriculture and;

RA3 – Focuses on Micro Small and Medium scale enterprises (MSMEs

Lagos Cared Grant 2021 falls under three categories;

Credit Grant: This provides credit grants to co-finance up to 40% of new loans given to businesses by qualified financial institutions after the onset of the COVID-19 crisis.

Single grantee limit; Up to ₦100,000 for Micro enterprises,

Up to ₦1million for Small and Maximum of    ₦5million for Medium enterprises

Lagos Cared Grants 2021 REQUIREMENTS (Micro Enterprises)

BVN of Principal

Company Registration where applicable

Evidence of existing business operation.

LASRRA

Evidence of tax payment

Evidence of Existing Loan from qualified Financial institutions

BVN of Directors

Company Registration

Evidence of existing business operation.

Evidence of Tax Payments

LASRRA of Directors

Evidence of Existing Loan from qualified Financial institutions

Operations Grant; This grant is to Support Operational Expenditure after the onset of Covid-19. This grant aims to incentivize MSEs to reach pre – COVID 19 level of employment. The grant would cover operational costs.

Operations grants for MSMEs that cover up to 50% of any verifiable/ documented monthly operational cost for 6 months including but not limited to staff salaries; documented utilities; documented private security expenses.

Single grantee limit: Up to ₦150,000 for Micro enterprises,

Up to ₦1.5million for Small and Maximum of ₦5million for Medium enterprises

Lagos Cared Grants 2021 REQUIREMENTS (Micro Enterprises)

BVN of Principal

Company Registration where applicable

Evidence of existing business operation.

LASRRA

Evidence of tax payment

Evidence of Operating Expense Obligations

Staff Payee Receipts for the past 3 months

SMES

BVN of Directors

Company Registration

Evidence of existing business operation.

Evidence of Tax Payments

LASRRA of Directors

Evidence of Operating Expense Obligations

Staff PAYE receipt as at Dec 2019 with payment schedule)

Staff Payee Receipts for the past 3 months

How to Apply for Lagos Career Program 2021.

Apply via this link; https://apply.lsetf.ng/crgsignup 

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