Nigeria Impact Startup Relief Facility (NISRF) grant is an emergency facility designed by a consortium of funding partners to disburse grants to a significant number of existing post-MVP stage high-growth startups who create impact so they remain viable during the COVID-19 crisis.
NISRF is designed to support grant applicants for a period of 6 months whose businesses/activities are either being adversely affected or modified in response to COVID-19.
Nigeria Impact Startup Relief Facility (NISRF) Grant
- You can access between $5,000 to $20,000.
- Yes, funding received from the NISRF is 100% equity-free.
In order to qualify for this funding, the following criteria have to be met:
1 Be a company operating in Nigeria
2 The company is tackling an urgent social problem
3 The company is post-MVP, revenue-generating, registered with CAC
4 Can demonstrate solid financial health prior to the onset of COVID-19 (USD $60K ARR – 12 months period minimum)
5 The company has already received seed capital
6 Can demonstrate the scale of impact, or potential for future scale
7 Fall in any of these sectors: Agriculture, Critical Infrastructure, Financial Services, Health Care, Education, and with initiatives that target the informal sector.
For More Information: Visit the Official Website
Application Deadline: 7th of September 2020
We Believe This Article Was Helpful, Don’t Hesitate To Share This Information With Your Friends On Facebook, Twitter, Whatsapp and Google plus.
Disclaimer: The contents on this site is provided as an information guide only. They are intended to enhance public access to information about Education and other Endeavors. While every effort is made in preparing good information, no responsibility is accepted by or on behalf of this site for any errors, omissions or misleading statements. Although every effort is made to ensure the reliability of this site.
Copyright: Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. All contents are protected by DMCA.
The content on this site is posted with good intentions & information purposes. If you own this content & believe your copyright was violated or infringed, make sure you contact us via This Means to file a complaint & actions will be taken immediately.