National Startup Investment Fund Application Portal, Requirements and How to Apply for NSIF 2024

National Startup Investment Fund

National Startup Investment Fund Application Portal, Requirements and How to Apply for NSIF 2024

Are you searching for National Startup Investment Fund, would you like to know what the NationalStartupInvestmentFund is all about, Are you interested in knowing how you can benefit from the National Startup Investment Fund?

In this post, you will find all the valid information regarding the NSIF including the application requirements, the concept of the fund, how to apply for the National Startup fund program, and an all-around guide on the National Startup Investment Fund 2022.

DISCLAIMER: This Program “National Startup Investment Fund” has been marked as FAKE BY THE NITDA NIGERIA. Do not apply for it. 

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What is National Startup Investment Fund?

The National Investment Fund is a Nigeria federal government funding and mentorship program supervised under the Federal Ministry of Industry, Trade, and Investment. The program is in partnership with the African Development Bank and the Bank of Industry.

The program is designed to assist Nigerians who wish to acquire seed capital and develop life-long skills for becoming change-makers in their communities and players in the domestic and global markets. The goal of the 2022 program seeks to empower and create a baseline of 100,000 new businesses through funding and mentorship for new and existing businesses and business ideas.

Read also: Nigeria Loans

How National Startup Investment Fund Works

The NSIF loan is specially designed for Nigerians between the ages of 18 and 65 years who own new businesses or have innovative ideas and are willing to become change drivers in their communities.

The federal government through this program will empower such persons with the required seed funding and mentorship opportunity to reach their desired height within the shortest possible time.

Who is Eligible?

  • All residents of Nigeria with a valid traceable government-issued means of ID can apply
  • Any individual or early startup business in Nigeria
  • Applicant must be between the age of 18-65

DISCLAIMER: This Program “NSIF” has been marked as FAKE BY THE NITDA NIGERIA. Do not apply for it. 

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Steps to Getting National Startup Investment Fund

All interested and eligible candidates are to follow these basic steps to get access to the funding opportunity;

Submit your application

You can submit your application from any internet-accessible device including; a phone, tablet, or laptop. Make sure the application portal is open and accepting applications at the time.

Approval

After a successful application, you are to wait patiently for the team to process all applications and publish successful beneficiaries in 3 batches. Make sure to check your name once the list of successful candidates is released.

Disbursement

Get verified and funds are disbursed

Details to be provided on the NSIF Application Portal

All candidates are to provide the following information while on the portal;

Stage 1:

  • Names
  • Gender
  • Phone Number
  • Email Address
  • Date of Birth

Stage 2: 

  • Residential Information
  • Geo-Political Zone
  • State of Origin
  • LGA
  • Educational Level

Stage 3:

  • Identification information
  • BVN
  • Valid ID

Stage 4:

  • Business Information
  • Select Preferred Training Center
  • How did you hear about National Startup Investment Fund

Read also: Best Apps For Small Business Owners and Entrepreneurs

How to Apply

The program has been marked as fake by the National Information Technology Agency hence all Nigerians have been warned about the website https://nationalstartupinvestmentfund.com. So any information submitted can be stolen by the perpetrators and we will not be held responsible for such. 

Is National Startup Investment Fund Fake?

Yes, the National Startup Investment Fund according to recent information warning all Nigerians about the program via its official Twitter handle, the platform is not in any way registered or known to the Federal government. Hence all the information or claims made on the website are false.

All those who have applied for the program already are advised to take extra measures to secure their email, bank app, and other digital accounts to avoid hack attempts.

Application Deadline

No deadline is stated at the moment but you are advised to apply as soon as possible.

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About Charbens Benedict

Thank you for following my blog; I am Charles Benedict Anosike, I hold an ND in Computer Engineering and HND in Telecommunication Engineering. Updatefly is a blog dedicated to sharing all forms of educational and interesting topics and its purpose is to make sure you get the best and nothing less.

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