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Facebook 2020 Small Business Grant Programme (Nigeria)

Businesses may be experiencing disruptions resulting from the global outbreak of COVID-19. Facebook heard that a little financial support can go a long way, so they are offering in cash grants and in ad credits to help during this challenging time. Are you a business owner and your business is located in Nigeria? Apply before the programme deadline

About Facebook

Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. It is considered one of the Big Four technology companies along with Amazon, Apple, and Google. The Facebook service can be accessed from devices with Internet connectivity, such as personal computers, tablets and smartphones. After registering, users can create a customized profile revealing information about thems.... continue reading

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Facebook mall Business Grant Programme

Application Deadline04 Sep 2020
Country to studyNigeria
TypeEntrepreneurs
SponsorFacebook
GenderMen and Women

Aim and Benefits of Facebook mall Business Grant Programme

The purpose of the Grant Programme is to help support small and medium businesses who need assistance due to the adverse effects of Coronavirus (COVID-19). Such support includes:

  1. A cash grant to the value of Nigerian Naira 400,128.00 to be used by small and medium businesses to help alleviate such adverse effects (each a "Grant"); and
  2. If applicants opt-in to receive them, Facebook ad coupons to the value of Nigerian Naira 240,077.00

Requirements for Facebook mall Business Grant Programme Qualification

To be eligible to apply, you must:

  1. Be a for-profit business
  2. Have between 2 and 50 employees
  3. Have been in business for over a year
  4. Have experienced challenges from COVID-19
  5. Be in or near a location where Facebook operates

 Government official
You cannot apply on behalf of your business if you are a current government official or relative of a government official. You will be asked to confirm you are not a government official as part of the application form.

Interview date, Process and Venue for Facebook mall Business Grant Programme

After the relevant Application Period, each properly submitted application that complies with the Eligibility Requirements will be auto-scored using an auto-scoring model; and then undergo a number of verification checks to create a list of applicants’ applications that will be reviewed and ranked by a selection panel who are independent of Facebook who will then select a short-listed number of eligible applicants


Documents Required for Application

When completing your application, you will be required to supply your most recent financial statements or accounts along with a legal document proving that your business has been established for at least one year, such as your annual tax return, business registration document (CAC documents), business licence or partnership agreement. 

Please ensure to provide full financial statements or accounts for your business. At a minimum, the financial statements you provide should include a balance sheet and an income statement/profit or loss statement. A balance sheet typically includes a summary of all of your business’ assets and liabilities. For example assets include items such as cash, balances due from your customers, buildings owned by your business, stock held by your business etc. For example, liabilities include balances due to your suppliers, loans due to financial institutions etc. An income statement/profit or loss statement includes a summary of your income, expenses and profit for a year. Abridged financial statements or accounts will not be accepted.

When prompted to do so, please upload these two documents in a PDF format.



Application Deadline

September 4, 2020


How to Apply

Interested and qualified? Go to Facebook on everest.apply-aims-grants.com to apply

For more details, visit the programme website

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