The Nigerian government has launched a $10 billion Diaspora Fund to support Nigerian entrepreneurs living abroad, promote investment in Nigeria, and contribute to the country’s economic growth.
The Diaspora Fund is a versatile source of funding that can be utilised for various business ventures. It can serve as a financial resource for a wide range of entrepreneurial pursuits including:
To be eligible for the Diaspora Fund, entrepreneurs must:
1: Visit the official website of the Nigeria Diaspora Fund
2: Download the application form and fill it out completely.
3: Submit the completed application form to the specified email address or physical address.
4: Await the review and selection process.
5: If approved, you will be invited to present your business plan to a panel of experts.
6: Based on the panel’s recommendation, you may be awarded funding.
7: Use the funding to implement your business plan and contribute to Nigeria’s economic development.
8: Monitor and report on the progress of your business to NIDCOM.
The deadline for application for the Nigeria Diaspora Fund is 13th May 2024