MSME Survival Fund: Over 1,500 CAC Certificates yet to be collected – SME Agency

The Enugu Small and Medium Enterprise Agency has urged recipients of the MSME Survival Fund Formalization Supports grant (Free CAC Registration) in the state to come to the agency’s office and collect their certificates.

The agency noted on Thursday that over 1,508 Certificates had yet to be collected by beneficiaries in the State since the conclusion of the first batch of the Free CAC Registration by the Corporate Affairs Commission.

We have attempted to reach these beneficiaries using all available means, but our efforts have so far been ineffective.

“For the sake of transparency, we want to solicit the support of the general public and the ESME Community to contact these individuals to pick up their FREE Business Name Certificates,” the SME Center stated.

The Agency urged MSME Survival Fund Formalization Supports grant applicants in the state to check their names at to obtain their registered Business Name Certificates as soon as possible.

The SME Center began collecting the Free CAC Certificates on April 15, 2021. Less than 500 Registered Certificates have been gathered one year after the May 2021 deadline.

If they do not retrieve their certificates (either directly or through a third party), the agency would be forced to return them to the CAC office in Abuja, the agency said.

In a message of hope to the thousands of MSME Survival Fund Formalization Supports applicants in the state, the State SME agency announced that they are expecting another batch of 2,000 Certificates from the Corporate Affairs Commission in the coming weeks, noting that the Business Name Registration process is in the printing stage.

The Formalisation Supports Track is part of the Federal Government’s N75 billion MSME Survival Fund Scheme, which would see 250,000 MSME owners have their companies registered by the Corporate Affairs Commission for free.

According to an earlier statement from the Scheme’s Project Delivery Office, 100,000 beneficiaries have surfaced across the Federation’s States, with 92,000 (or 92 percent) of the total beneficiaries being Nigerian Youths aged 18-35 years.

This information was first published on nyscinfo.comDMCA PROTECTED.

Source: Nyscinfo

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