₦75 Billion FGN/BOI MSME Intervention Fund: How Nigerian Businesses Can Apply Hybridteck Blog | Business, Entrepreneurship & Funding Opportunity Are you running a small business in Nigeria and looking for funding to expand your operations, purchase materials, acquire equipment or strengthen your working capital? The Federal Government of Nigeria, through the Bank of Industry (BOI), has established a ₦75 billion MSME Intervention Programme designed to support Micro, Small and Medium Enterprises across Nigeria. Unlike a grant, this programme provides loans that must be repaid . According to the official FGN/BOI MSME Intervention Portal, eligible businesses can access up to ₦1 million , with an interest rate of 9% per annum (all-inclusive) and a repayment period of three years . Repayment begins three months after disbursement . ( FGN/BOI MSME Intervention Portal ) Key Features of the Loan Feature Details Total Intervention Fund ₦75 billion Maximum per business ₦1 million Interest r...
Draper Richards Kaplan Foundation Opens Social Impact Funding Opportunity of Up to US$300,000 Published by Hybridteckblog August 10, 2026 Funding opportunity targets early-stage social enterprises developing scalable solutions for underserved communities The Draper Richards Kaplan Foundation (DRK) is accepting applications from social entrepreneurs and early-stage organisations developing innovative solutions to major social and environmental challenges. Unlike scholarship programmes designed for individual students, the DRK opportunity is primarily intended for social-impact organisations and ventures that have already developed and tested their solutions and can demonstrate evidence of impact. According to the Foundation's current funding information, applications are accepted year-round , meaning there is no fixed annual application deadline. ( Draper Richards Kaplan Foundation ) Up to US$300,000 in capital DRK provides up to US$300,000 over a three-year period . Depending on ...
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