How to Register for BOA-SMEDAN Matching Fund

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Bank of Agriculture (BOA) have collaboratively launched the BOA-SMEDAN Matching Fund program to support Micro and Small Enterprises (MSEs) in Nigeria. Learn how to apply for this beneficial program below.

In a strategic partnership between the Bank of Agriculture (BOA) and SMEDAN, the BOA-SMEDAN Matching Fund program aims to elevate the operations of Micro and Small Enterprises in Nigeria, promising favorable outcomes for beneficiaries.

Loan Details

Applicants can access loans ranging from N1,200,000 to N5,000,000.

Apply For: CBN Non-Interest Loan 2023

Eligibility Criteria

To qualify for the BOA-SMEDAN Matching Fund program, individuals must:

Demonstrate innovation and productivity.
Be registered members of SMEDAN.
Have an established presence in the sector before applying.
Operate within specific states, including Abuja, Oyo, and Kaduna.

Application Process

Follow these steps to apply for the loan:

1. Visit the SMEDAN registration portal at https://smedan.gov.ng

2. Click on the icon displaying the program name and logo.

3. Complete the necessary data.

Note: Free registration for the SMEDAN loan is currently underway. Take advantage of this opportunity to register your business before applying for the BOA-SMEDAN loan program.

The loan to be given out ranges from one million two hundred thousand naira (N1,200,000) to five million naira (5,000,000).

Eligibility for BOA-SMEDAN Matching Fund Program

Those to profit from this program should be;

Innovative and productive.
A registered member of SMEDAN.
Shall have an establishment in the sector already, before applying.
Must be within any of these states; Abuja, Oyo, and Kaduna.

How to Apply for BOA-SMEDAN Matching Fund Program

Follow the steps below to apply for the loan;

Visit the SMEDAN registration portal at
https://smedan.gov.ng
Click on the icon having the very program name and logo.
Fill the needed data.

Note: The free registration for SMEDAN loan is in progress, and you can use this opportunity to get your business registered before applying for the loan program (BOA-SMEDAN).