What is AGSMEIS?
The Agri-Business/Small and Medium Enterprise Investment Scheme is an initiative to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation
Who is Eligible?
Creative & Art industries
- Fashion, Beauty
- Apparel & Textile
- Arts & Entertainment
Industrial & Manufacturing
- Agriculture & Allied Processing
Information & Communication Technology
- Media & Publishing
- Catering & Event Management
How Does It Work
Step 1 Get Trained
Attend a compulsory training with a CBN certified Entrepreneurship Development Center (EDC).
Step 2 Apply For Loan
The Entrepreneurship Development Institute (EDI) guides and assists you in getting all necessary documents required to secure the loan
Step 3 Receive Funds
Loans are paid into the account of beneficiaries. Unqualified candidates are given feedback.
Step 4 Get Business Support Services
The Entrepreneurship Development Institute assists you to implement business plan and provide business support services commercially
Step 5 Make Sales
Sell products and services to pay back loan and make profit.
Step 6 Repay Loan
Run your business, keep proper records, monitor sales and expenses to maximize profit and pay back the loan.
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