FCMB SkillPaddy Global Entrepreneurship Fund for SMEs 2024

Are you a business owner who needs seed funding to scale up your business? Register now and stand a chance to be awarded a N1m grant to scale your business. This is good news, as FCMB continues to "Fund SMEs For Success" and provides your business with the leverage it needs.

The Global Entrepreneurship Week Program is organized by First City Monument Bank Limited, hereinafter referred to as "the Organizer". The program aims to provide participating SMEs hereinafter referred to as "Participant/Applicant" with educational resources and grant to enhance their 

• Table of Content
• About First City Monument Bank (FCMB)
• SkillPaddy Global Entrepreneurship Fund
• Aim and Benefits of SkillPaddy Global Entrepreneurship Fund
• Requirements for SkillPaddy Global Entrepreneurship Fund Qualification
• Application Deadline
• How to Apply

About First City Monument Bank (FCMB)

FCMB is a large financial services provider in Nigeria, offering retail banking, corporate banking and investment banking services to large corporations, small and medium enterprises, as well as individuals. As of December 2011, the bank's total assets were valued at US$$3.65 billion (NGN:593.3 billion), with shareholders' equity of approximately US$772.2 million (NGN:117.4 billion)

SkillPaddy Global Entrepreneurship Fund

Application Deadline	Not Specified
Country to study	Nigeria
Type	Entrepreneurs
Sponsor	First City Monument Bank (FCMB)
Gender	Men and Women

Aim and Benefits of SkillPaddy Global Entrepreneurship Fund

• 1-month FREE business training valued at N250,000.
• FREE business spotlight.
• Get a chance to be one of the 5 entrepreneurs to get N1 Million in business grants each.

Requirements for SkillPaddy Global Entrepreneurship Fund Qualification

• Applicants should operate an existing and operational business.
• The business must have been operational for at least 12 months.
• They must possess a comprehensive business plan.
• Applicants must have an active FCMB account with a minimum balance of N5,000.
• In the case of WSMEs, the primary applicant must hold any one of the following:
  • A minimum stake of 51% ownership
  • The business should have at least 20% ownership from a minimum of three female members within the management team
  • Or the business can be solely owned
• Applicants must use the competition winnings for business-related purposes, as outlined in their application. T&Cs apply.
• Applications must be submitted by the specified deadline, and late submissions will not be considered.

Application Deadline

Not Specified

How to Apply

Interested and qualified? Go to First City Monument Bank (FCMB) on www.fcmb.com to apply

Click here to register your business for this transformational opportunity.

For more details, visit FCMB website