Federal Government Grants in Nigeria
Federal Government Grants in Nigeria. A federal government grant is a financial award given by the federal government and is not to be repaid. These grants are given to help execute projects and ideas, it is considered as a support for people starting new businesses. It plays an important role in the development of the society’s economy.
Grants for Business in Federal Government
Any individual between the ages of 18-65 with a good business plan can refer to the Central Bank of Nigeria (CBN) to receive federal grants for business.
This federal grant program has $10 billion for business grants. The aim of this program is to:
- Support Nigerians who want to start their own business.
- To encourage graduates to become employees.
- To create monetary help for Nigerians with fewer risks.
The application for a grant is very competitive; there are specialists who consider and access the business concepts. You have to pass the selection stage in order to receive the grant.
An area where you can get government grant is agriculture. Federal Government has given much attention to the agricultural sector in terms of grants.
Lists of Federal Government Grants for Agricultural Business.
- Central Bank of Nigeria (CBN) Agricultural Program
This is a government program that provides loan to farmers. The bank has laid out N75billion for this program.
Bank of Agriculture Program
This collaborates with the Federal Ministry of Agriculture and the Federal Ministry of Finance to generate best options for grants and loans.
Cooperative Societies Grants
As a farmer, you can join cooperative societies such as All Farmers Association of Nigeria (AFAN), Youth Empowerment in the Agricultural Program (YEAP) or Fadama, where they have the ability to gain support and beneficial grants.
The support by the Federal Government is very important especially when it comes to economic instability. You can also find other grants not necessarily given by the Federal Government to start up your business.
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Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.
For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.
Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford.
The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.
Furthermore on business Plans and feasibility Study
You can use this format in developing your own business Plans and feasibility Study
OUR TABLE OF CONTENT INCLUDE;
SECTION I – EXECUTIVE SUMMARY
NAME OF BUSINESS / COMPANY
OFFICE & SITE LOCATION
PROJECT STATUS & START UP
WHY PREPARE THIS BUSINESS PLAN?
SECURITIES FOR THE PROPOSED LOAN
SECTION II – STUDY AREA
DEPARTMENTS IN THE COMPANY
MANAGEMENT TEAM GAPS
SECTION III – INDUSTRY ANALYSIS
DEFINING YOUR INDUSTRY
YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
RELEVANT MARKET SIZE
KEY SUCCESS FACTORS
LONG TERM PROSPECTIVE
SECTION IV – CUSTOMER ANALYSIS
MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
SECTION V – COMPETITIVE ANALYSIS
SECTION VI – MARKETING PLAN
PRODUCTS & SERVICES
PRODUCT QUALITY AND PRODUCTION QUANTITY
SECTION VII – OPERATIONS PLAN
GENERAL APPROACH TO PRODUCTION
TECHNICAL ANALYSIS / PRODUCTION PROCESS
SECTION VIII – FINANCIAL PLAN
FUNDING REQUIREMENTS/USE OF FUNDS
SUMMARY OF PROJECT COST
BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
OPERATING EXPENSES (OPEX)
TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
INSTALLED / AVAILABLE EQUIPMENT
LOAN REPAYMENT SCHEDULE AND INTEREST PAID
FORECAST OF PROFIT AND LOSS
GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
BUSINESS RATIOS – PROFITABILITY ANALYSIS
SECTION 3 – APPENDIX
Click other related clicks that may interest you below;
- NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.
- BUT, WE are permitted to display only executive summary.
- This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.
These Feasibility study on poultry farming business. (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions. In other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study.
Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.
Furthermore on the Sample
Okpe Local Government is a territory that used to be part of the original Okpe Kingdom. Its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.
After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria. It was discovered that, farming generally will do well both on crop and animal production.
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Provide feasibility study/business plan for new and existing businesses
We help you to recruit staff for your company, firm or organizations
Help you in registering your company, firm or organizations
Suppliers of any food stuffs
Building contractor (especially building houses, constructions of ponds)
Furthermore, Provides Architect for any design
We help you in getting loans
Sales of fingerlings, table size catfish, chicks, Grass-cutters, rabbits, snails, and many more
Feed formulation for general livestock, including
Floating/Sinking Fish feed
Soybean oil processing, Teachings on how to test soybean cake,
Teaching on how to remove the gummy and unpleasant smell of soybean oil
Palm Oil/Palm nut cracking
Fish Farming (Pond Construction and Fingerlings distribution)
Poultry farm (plus marketing ideas)
Grass-cutter/cane rat Farming
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Sales of battery cage for livestock farming all over Nigeria
E-books on; Broilers farming, Layers farming, Grass-cutter farming, Rabbit farming, Pig farming, Catfish farming, and many more……
How to own, manage, and make millions from catfish production (Most demanded)
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