FCMB SkillPaddy Global Entrepreneurship Fund 2024 ( Up to N1Million Business Grant)

Do you own a business, and in need of  seed money to grow your enterprise? If yes, apply now for the FCMB SkillPaddy Global Entrepreneurship Fund 2024, and stand a chance to win a N1 million grant to grow your company.

FCMB SkillPaddy Global Entrepreneurship Fund

FCMB SkillPaddy Global Entrepreneurship Fund

The First City Monument Bank (FCMB), in line with its commitment to “Funding SMEs For Success”, is offering your company the leverage it requires. In 2024, FCMB is set to empower businesses with a remarkable N1 Million business grant through its innovative Global Entrepreneurship Week Program.

Meanwhile, the First City Monument Bank (FCMB), was established as a prominent financial services provider in Nigeria. The bank stands tall in offering comprehensive banking services to diverse segments, including retail banking, corporate banking, and investment banking.

Benefits of the FCMB SkillPaddy Global Entrepreneurship Fund

The FCMB SkillPaddy Global Entrepreneurship Fund program offers the following benefits:

  • An in-depth Business Training: Successful Candidates will get to Immerse themselves in a month-long, intensive business training program valued at an impressive N250,000. This training will help them acquire the skills and knowledge necessary to navigate the complexities of business expansion.
  • Free Business Spotlight: Participants will experience the spotlight on their business with a feature that goes beyond conventional promotion. FCMB provides a platform to showcase your business, amplifying its visibility and reach.
  • N1 Million Business Grants: Apply now to be one of the five entrepreneurs awarded a substantial N1 Million in business grants. FCMB’s commitment to funding SMEs for success is not just a promise but a tangible step towards realizing entrepreneurial dreams.

Eligibility Requirements

To be eligible for the 2024 FCMB SkillPaddy Global Entrepreneurship Fund program, aspiring entrepreneurs must meet the following criteria:

  • Applicants must be operating an existing and operational business that demonstrates a commitment to sustainability and growth.
  • The business should be up to 12 in operation. This shows that the business is stable and resilient in the competitive market.
  • Applicants are required to possess a comprehensive business plan that outlines the vision, mission, and strategies for sustainable growth.
  • Prospective Candidates are expected to have and maintain an active FCMB account with a minimum balance of N5,000.
  • In the case of Women-Owned Small and Medium Enterprises (WSMEs), the primary applicant must meet the following ownership criteria:

A minimum stake of 51% ownership.

  • The primary applicant should have at least 20% ownership from a minimum of three female members within the management team.
  • Alternatively, the business can be solely owned.
  • Applicants must commit to using the competition winnings for business-related purposes, aligning with the outlined application details. Terms and conditions apply.
  • Ensure your application is submitted by the specified deadline, as late submissions are automatically disqualified.

How to Apply

Interested Entrepreneurs who meet the eligibility criteria above should kindly follow the steps below to register for the FCMB SkillPaddy Global Entrepreneurship Fund:

  • Visit FCMB’s official application website at https://www.fcmb.com/GEW/#
  • Click on the Register Now icon at the top of the page
  • Provide the following information: Full name, email address, phone number, select Gender, State of Residence, Preferred branch location, Is your business registered?, Business Type
  • Once the details are entered accurately, tap on the Submit button located below the page

Application Deadline

Not Specified.

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