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Loan And Grant

2022/2023 World Bank Grant Application Form | Up to N10 million

by myeduproject September 25, 2022
written by myeduproject September 25, 2022
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2022/2023 World Bank Grant Application Form | Up to N10 million

2022/2023 World Bank Grant Application Form | Up to N10 million: If you have small and medium micro-businesses and you need capital for empowerment, the World Bank Grant might be for you, this gran is controlled by the World Bank under the direct supervision of the Development Bank of Nigeria (DBN)

It is called the Bottom-Up project, where N10Billion fund is trashed by the World Bank for empowering grass root businesses and entrepreneurship, this is done to lift many persons out of poverty and strengthen the economy (GDP)

This becomes necessary as the nation seeks ways to empower large-small businesses or what is known as the poor in the business circle.

Dr. Mike Alatisa, speaking at the event said that the World Bank is ready to grant ₦ 10 billion per bank to empower microfinance banks, which will, in turn, give grants directly to business owners.

Dr. Alatisa said also, “Any modern microfinance bank that wants to get involved in the grant disbursement must have a minimum of 1000 members with their genuine business proposals without which such bank would be denied registration and entitlement for the World Bank grant application form”.

This was made public during the training of microfinance management for bank chairman, directors, and other stakeholders organized by Kingdom Wealth Multipurpose Cooperative Society for the South-West region in Lagos.

Eligibility Criteria World Bank Grant Application Form

You must be a Nigerian and your business must be in Nigeria.

A feasible business or project they are doing.

Agro-based business is a sure way to grab this grant

Your Business must have CAC documents and other related certification

Steps to obtain the World Bank Grant Form 2022/2023

Approach Bethany Human Development Center for membership registration indicating details of your location and your group intention;

Mobilize a minimum of 1000 investments/businesses within the reach of your business location;

Attend a seminar organized by Bethany Human Development Center and obtain a certificate for attendance;

Grants are given by the Social Exchange Market for each project enlisted in your business location.

Possess economic revolution of a community, town, or city in Nigeria;

Have an investment or business that you would establish in such community, town, or city;

Search for like-minded participants willing to partner with you in developing such business

Related Posts

>Apply For FG Grant Form 2022 Disbursed Via CBN & World Bank (N2M)

>CBN Grant Application Form 2022/2023 (Nigerians Only)

>FG Grant for 2022/2023 Disbursed By CBN/World Bank- Application Form

>United Nations Grants 2022/2023 ($5,000 to 15,000 People)

>Access FG N20B Conditional Cash Grant ( RRR) Using Approved Codes 2022/2023

>Federal Government Grants 2022/2023 CBN & World Bank Assisted- How To Apply

NOTE

Membership registration at BHDC is ₦1000;

Each business will pass through a standard follow-up for proper implementation by the Development Bank of Nigeria, BHDC and the Social Exchange Market.

Link to Apply

Visit the official website http://projects.worldbank.org to get more information on World Bank-assisted projects and apply

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