FCMB MFB Business Acceleration Program Free Training, Single-Digit Loans & ₦100,000 Grant for Entrepreneurs
Small business owners across Nigeria now have a practical opportunity to strengthen their businesses, access funding, and build financial discipline through the FCMB MFB Business Acceleration Program.
- Applications are currently open via a rolling online form, giving MSMEs a chance to benefit from free business training, access to single-digit interest loans, and a ₦100,000 grant for top-performing participants.
- In a tight credit environment where many small businesses struggle to access affordable financing, this program is positioned as a direct support bridge for growth-stage MSMEs.
At a time when inflationary pressure and rising operating costs continue to squeeze small businesses in Nigeria, initiatives like this are becoming increasingly important—not just for survival, but for structured expansion.
What the Opportunity Offers
- The FCMB MFB Business Acceleration Program is designed as a practical business development and financial empowerment initiative for micro and small enterprises.
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Selected participants will benefit from:
Free structured business training focused on growth and sustainability
- Access to single-digit interest loans, significantly below market lending rates
- Opportunity to win a ₦100,000 grant for the top 10 participants
- Guidance on financial management, business structure, and scalability
Unlike generic workshops, this program is tied directly to financial access, making it especially valuable for entrepreneurs struggling with capital constraints.
Benefits
Participants stand to gain:
- Free business development and financial training
- Access to low-interest (single-digit) loans
- Opportunity to win a ₦100,000 grant
- Improved business structure and financial discipline
- Increased access to formal banking and credit systems
Eligibility Criteria
To apply, you must:
- Be a small or micro business owner in Nigeria
- Have an active business (formal or informal)
- Be willing to participate in training sessions
- Demonstrate commitment to improving business operations
- Be open to financial assessment for loan eligibility
Preference is typically given to growth-ready MSMEs, not dormant or unstructured ventures.
Deadline:
The application is currently open via online submission.
- No fixed public deadline has been stated, so early application is strongly advised as selection may be done in batches.
How to Apply
Interested applicant can apply via this link
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