Central Bank of Nigeria (CBN) Agri-Business/Small and Medium Enterprise Investment Scheme 2021

Central Bank of Nigeria (CBN) Agri-Business/Small and Medium Enterprise Investment Scheme 2021 | Eligibility

Central Bank of Nigeria (CBN) is now accepting applications for the Agri-Business/Small and Medium Enterprise Investment Scheme 2021.

Therefore, interested Agri-Business/Small and Medium Enterprise owners can apply.

However, read this article for the details concerning the Agri-Business/Small and Medium Enterprise Investment Scheme 2021

Agri-Business/Small and Medium Enterprise Investment Scheme 2021

Central Bank of Nigeria (CBN) Agri-Business/Small and Medium Enterprise Investment Scheme 2021

 Therefore, The Agri-Business/Small and Medium Enterprise Investment Scheme is an initiative to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation.

Eligibility: 

However, you will Get trained by first selecting a CBN-Certified Entrepreneurship Development Institute (EDI).Furthermore, this is to guide you through the loan application process and ensure that all your documents are complete.

Eligible Field(s):

 Functional Training Areas for Entrepreneurship Development Centers Under AGSMEIS include:

  • Firstly, Agriculture & Agro-allied processing
  • Secondly, Art & Entertainment
  • Thirdly, Automobile Services
  • Next, Fashion and Dressmaking
  • Next, Catering & Event Management
  • Furthermore, Courier & Delivery Services
  • Seventh, Creative Industry
  • In similar manner, Eighth, Apparels and Textiles
  • I.C.T
  • Cottage Industry
  • Media Publishing
  • Telecommunications
  • Hospitality
  • Health Services
  • Welding & Fabrication
  • Animal Husbandry
  • Cosmetics,
  • Beauty and Makeup
  • Artistry
  • Electrical and Electronics
  • POP and Tiling
  • Additionally, Carpentry
  • Lastly, Masonry

Value of Award:

  • Firstly, This is a loan. Return on the financing as from 1st March, 2021 shall be not more than nine percent (9%) per annum.
  • Secondly, This loan scheme does not require a collateral.
  • Thirdly, This loan scheme is designed to be easily accessible. The entire process is automated.
  • LASTLY, From application submission to disbursement takes six(6) to eight(8) weeks

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