- The Lagos State Government has opened the application portal for the Lagos CARES Grant to support SMEs struggling with economic challenges.
- The grant is part of the Lagos CARES program, designed to help businesses recover from the effects of the COVID-19 pandemic, inflation, and other economic difficulties.
- Financial assistance is available to cover operational costs, debt servicing, and other critical expenses, with a focus on SMEs particularly impacted by the economic downturn.
- The application deadline is September 5th, 2024, and eligible businesses are encouraged to apply promptly via the Lagos CARES Grant Application Portal.
In a significant move to bolster small and medium-sized enterprises (SMEs) struggling with economic challenges, the Lagos State Government has officially opened the application portal for the Lagos CARES Grant.
This initiative aims to provide much-needed financial support to businesses impacted by recent economic downturns, ensuring they can get back on track and continue to contribute to the state’s economy.
The Lagos CARES (COVID-19 Action Recovery and Economic Stimulus) program is specifically designed to assist businesses in recovering from the adverse effects of the COVID-19 pandemic, inflation, and other economic challenges.
The grant offers a lifeline to businesses that have faced unprecedented difficulties in recent years, providing them with the essential boost they need to survive and thrive in a challenging economic landscape.
Key Features of the Lagos CARES Grant:
Financial Assistance: Grants are available to help businesses with operational costs, debt servicing, and other critical expenses.
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Targeted Support: The program focuses on SMEs that have been particularly hard-hit by the economic downturn, offering them a chance to regain stability.
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Application Deadline: Entrepreneurs and business owners have until September 5th, 2024, to submit their applications.
Eligible businesses are encouraged to take advantage of this opportunity by visiting the Lagos CARES Grant Application Portal at https://apply.Isetf.ng. With the deadline fast approaching, applicants are urged to act swiftly to secure the financial support necessary to sustain their operations.
The Lagos CARES Grant is part of the broader efforts by the Lagos State Government to stimulate economic recovery and ensure that the state’s business community remains resilient in the face of ongoing challenges.
