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FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsFG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity (18443 Views)

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FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Pakute(op): 6:04pm On Oct 27, 2025
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced the launch of the 2025 SMEDAN Pitch Competition.

The competition will award N20 million in grants to five outstanding entrepreneurs whose businesses demonstrate innovation, resilience, and sustainable growth.


SMEDAN empowers Nigerian entrepreneurs

The pitch competition forms part of this year’s National MSME Conference, which aims to promote innovation and enterprise development among Nigerian youths and business owners.


The initiative offers a platform for small business owners to showcase their ideas before a national audience of investors, innovators, and policymakers.

Ten finalists will be selected and treated to an all-expenses-paid trip to Lagos state, where they will pitch their business ideas live for a chance to win from the N20 million grant pool.

A statement from SMEDAN reads: “The 2025 SMEDAN Pitch Competition is designed to celebrate creativity and innovation within Nigeria’s MSME space. The goal is to empower visionary entrepreneurs whose businesses are contributing to inclusive economic growth, resilience, and sustainability.”

Applicants are required to submit a one-to-two-minute video introducing their business, explaining the problem their product or service solves, and demonstrating how it aligns with the 2025 conference theme, ‘Building a Future of Innovation, Resilience, and Prosperity.’

Application details and deadlines

According to the organisers ;

*entries close on October 28, 2025. Interested entrepreneurs can apply via smedan.gov.ng/msmeconference.

*Applicants must: Be registered with SMEDAN (portal.smedan.gov.ng) with a valid SUID.

* Own a Nigerian business operating for at least 2 years.

* Be available for the live pitch in Lagos (Nov 16–18, 2025).


Step 1: Elevator Pitch Video

* Record a clear, 2-minute video introducing yourself and your business. Highlight your innovation, resilience, and growth plans.

* Post publicly on social media, tag @smedangov, and use hashtags #SMEDANPitchCompetition #SMEDANGov #MSMEConference25 #GrowNigerian

* Follow SMEDAN on all platforms and include your video link in the application form.

Step 2: Application Form Fill out three sections:

Personal Information Business Information Pitch Entry (with video link) To fill out the application form, use this link. https://docs.google.com/forms/d/e/1FAIpQLSeQ54VluP3uXThlFfcItkLWXyAdKVNUzu3lMboCWGAYht0N8g/viewform
https://www.legit.ng/business-economy/money/1680237-smedan-unveils-n20m-funding-opportunity-small-business-owners/

Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by greatiyk4u(m): 6:12pm On Oct 27, 2025
Hmmmmmm, can this be true
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by CodeTemplarr: 6:33pm On Oct 27, 2025
5 businesses multiplied by 20m is the usual figure Seyi is associated with.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by SmartPolician:
If you are looking for real opportunities, do this with private companies that use transparent judges to select the best.

I attended Zenith Bank's hackathon last year and accurately predicted its winner because the company built a mind-blowing software solution. Its founder smiled home with N25m; that's exactly what I mean!

With our kind of president and his team, forget it because nothing good can ever come out of this government. You need to be connected before winning anything.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by surgical: 7:44pm On Oct 27, 2025
My brother, that's how a balablu government looks like. Confused, unorganised,chasing shadows, repressive and nothing works,corruption very high,padi padi government
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by adamkkk: 7:44pm On Oct 27, 2025
dem don know who dem go send am to, na d person go give dem dier share too
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by SpaceX: 7:44pm On Oct 27, 2025
I currently funding over 200 start up, opportunity like this should be transparent...
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by badoh(m): 7:45pm On Oct 27, 2025
SmartPolician:
If you are looking for real opportunities, do this with private companies that use transparent judges to select the best.

I attended Zenith Bank's hackathon last year and accurately predicted its winner because the company built a mind-blowing software solution. Its founder smiled home with N25m; that's exactly what I mean!

With our kind of president and his team, forget it because nothing good can come out of this government. You need to be connected before winning anything.
Please don't discourage people to apply for this. Did any student need to have connection before they can access the student loan granted to them? Many students that are from less privileged homes have benefited from the student loan without connection. Fine, there could be some political influence, however some without connection will still get it. Let them try their luck.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by anonimi: 7:47pm On Oct 27, 2025
greatiyk4u:
Hmmmmmm, can this be true
Maybe as true as the N419 billion shared to people who have not worked for the money.

Do you think that the 419 amount is a coincidence or deliberate?

Racoon:
"We’ve Disbursed N419Billion Conditional Cash Transfers To Nearly 6 Million Nigerians, To Pay N54 Billion To 2.2Million Beneficiaries In August" –Tinubu Govt Claims
President Bola Tinubu's administration has said that its government will reach over 2.19 million Nigerians this August through its conditional cash transfer programme.

The Minister of State for Humanitarian Affairs and Poverty Reduction, Tanko Sununu, made this known while speaking on Channels Television’s Sunrise Daily programme on Monday.

"In August, we are going to reach out to 2,190,000 people. The process is that the National Social Safety-Net Coordinating Office (NASSCO) will now harvest vulnerable Nigerians based on their lowest cadre in the national social register," he said.

Explaining further, the minister said the initiative was targeted at vulnerable citizens who will receive direct cash payments.

"For those Nigerians, it is a rapid conditional cash transfer, so far we have disbursed N419 billion to 5.968 million Nigerians," he said.

https://saharareporters.com/2025/08/18/weve-disbursed-n419billion-conditional-cash-transfers-nearly-6million-nigerians-pay
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by tunary(m): 7:47pm On Oct 27, 2025
Dead on arrival. If you believe them then you are still very gullible.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by AntiChristian: 7:47pm On Oct 27, 2025
Make I go apply o!

Hope interest no dey o as interest is haram!
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Mrdecent(m): 7:48pm On Oct 27, 2025
Don't trust this govt, this could be a way of rewarding their loyalist. This govt is all about politics not genuine development.

However, try your luck and no put mind. The govt is govt of disappointment, so no put mind.

I am sure, our suffering will end one day from wicked APC and BAT supporters.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by SmartPolician: 7:49pm On Oct 27, 2025
badoh:
Please don't discourage people to apply for this. Did any student need to have connection before they can access the student loan granted to them? Many students that are from less privileged homes have benefited from the student loan without connection. Fine, there could be some political influence, however some without connection will still get it. Let them try their luck.
Someone should teach this man the difference between a loan and a grant because he clearly doesn't know it.

Take it from me - nothing good can come out of Tinubu. There's a reason he lost his own election in his backyard.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Putinofrussia: 7:50pm On Oct 27, 2025
Very good initiative.
Don't let it be a one off thing,sir.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Putinofrussia:
SmartPolician:
Someone should teach this man the difference between a loan and a grant because he clearly doesn't know it.

Take it from me - nothing good can come out of Tinubu. There's a reason he lost his own election in his backyard.
But won the whole nation.
He is currently making it easy for higher institutions students, either poor or rich,to go to university in large numbers without sweat.

He is currently making it easy for all Nigerian youths to attend tech colleges,free with free food and #22,500 every month as pocket money...that is huge and no other govt dead or alive has ever done this.

He is providing free medicals in federal hospitals for all pensioners in Nigeria.
And so much more.
The man is a genius.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by abc115:
Apply ooo, don't allow Peter Obi and his Obidients movement deceive you. They will criticize and go behind to apply for it
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by PUNANI01: 8:02pm On Oct 27, 2025
Seyi don win this one for his friends to enjoy
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by integrity16(m): 8:03pm On Oct 27, 2025
SmartPolician:
If you are looking for real opportunities, do this with private companies that use transparent judges to select the best.

I attended Zenith Bank's hackathon last year and accurately predicted its winner because the company built a mind-blowing software solution. Its founder smiled home with N25m; that's exactly what I mean!

With our kind of president and his team, forget it because nothing good can ever come out of this government. You need to be connected before winning anything.
Let them at least try, this is how we in the south always shy away from government opportunities, making the northerners the biggest beneficiary.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by PDPdestroyer(m): 8:03pm On Oct 27, 2025
Since the day I caught my Obidient neighbour applying for something like this, after criticizing and discouraging others from doing so, I stopped taking their criticisms beyond face value. Their criticisms is nothing more than 2023 election defeat hangover
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by AlphaTaikun: 8:12pm On Oct 27, 2025
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by NewHe: 8:27pm On Oct 27, 2025
SmartPolician:
If you are looking for real opportunities, do this with private companies that use transparent judges to select the best.

I attended Zenith Bank's hackathon last year and accurately predicted its winner because the company built a mind-blowing software solution. Its founder smiled home with N25m; that's exactly what I mean!

With our kind of president and his team, forget it because nothing good can ever come out of this government. You need to be connected before winning anything.
That's entirely falsehood! You don't have to discourage people because you hates the government.
I was a Finalist of the YouWIN without knowing anybody!
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by franchasng: 8:49pm On Oct 27, 2025
Congratulations to Yoruba businesses, it is una lo kan, make una enjoy it very well
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by franchasng: 8:52pm On Oct 27, 2025
NewHe:
That's entirely falsehood! You don't have to discourage people because you hates the government.
I was a Finalist of the YouWIN without knowing anybody!
You cannot compare Goodluck Jonathan's regime with Bola Tinubu's evil regime of nepotism and bias
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by yemmit90: 8:55pm On Oct 27, 2025
5 outstanding persons are too small in numbers for this kind of program, the selection won't be free of lobbying.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by zero8zero(m): 9:13pm On Oct 27, 2025
It's closing tomorrow. The advert should have been here earlier. It shows that Govt no rate Nairaland at all.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Jughead29: 9:17pm On Oct 27, 2025
Use the money to fund Yeidep and stop wasting people's time and hope.

I already know, new program to delay existing ones will pop up

Yeidep since Jan- no hope
FG grant and loan since las year -zero

Until FG start implementing quick program quick start up... The youth won't take you serious anymore
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by thisisit: 9:44pm On Oct 27, 2025
Another scam initiative to deceive gullible Nigeria
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Obakoolex(m):
FG in Nigeria don't really care about loosing credibility amongst citizens, especially in things that supposed to be in their credit.

My cousin that applied for TVET has no update yet this is another one.

I remember applying for AGMESIS loan of 10M in 2020 through this same SMEDAN, we were asked to pay up to 25k, till date nothing shows up till we later heard that SMEDAN DG was alleged of #50 billion undecided
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by AfroBeatDiary:
This is a scam, please don't fall for it, they are stealing peoples NIN!

The site is fake they will steal your NIN and fone number
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by oneMalik: 11:03pm On Oct 27, 2025
stay there ...... joko sibe .

e go shock you the way men go deh do well while some deh shout govt .

greatiyk4u:
Hmmmmmm, can this be true
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by Shawarmagirl: 11:44pm On Oct 27, 2025
I would rather believe a foreign country if this initiative is coming from them than believing this administration.

Nigerians, do not waste your time saying you want to try your luck. I'm not discouraging anybody. But take it or leave it, Nigeria of today, the incompetent gets rewarded than the competent one. The illiterates gets appointment with fake certificate than those with first class.

So don't waste the time you would have used to put into your business to participate into a shambles debate that they already know who will get the grant. Political influence will be the order of the day.
Re: FG Invites Small Business Owners To Apply For ₦20 Million Funding Opportunity by NewHe: 12:30am On Oct 28, 2025
franchasng:
You cannot compare Goodluck Jonathan's regime with Bola Tinubu's evil regime of nepotism and bias
That's your own view too, at least the process and disbursement of the NELFUND loan had proved you wrong! You don't need to know anybody, nor meet anyone!
1 2 Reply

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