Get ₦12bn in Affordable Loans: SMEDAN’s 2026 Support Plan for Nigerian SMEs

The Small and Medium Enterprises Development Agency of Nigeria has rolled out its 2026 initiative to empower entrepreneurs and small businesses nationwide. Key features include over ₦12 billion in single-digit financing at 9%–9.5% interest, a formalization drive targeting up to 1 million MSMEs, and a new National MSME Policy. Registered businesses gain official recognition, training programmes, government procurement access, and visibility in the national database. Loan tracks under the ICSS and GROW Fund offer: • START: ₦250,000–₦2 million • SCALE: ₦1 million–₦5 million This opportunity is ideal for startup founders, traders, women-led ventures, and expanding SMEs. Entrepreneurs should register through official channels and complete approved training to qualify.

Use The App To Win ₦1m

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