Apply for ASBC $100,000 Grants for Nigerian & Sub-Saharan Countries – The new grant project was developed by the United States with the goal of improving small company growth in Nigeria and other African countries.

Are you a small Businesses owner ? if you are interested and qualified kindly apply through the ASBC Application Portal.

More details about African Small Business Catalyst (ASBC) Program

ASBC is a business accelerator that supports SMEs with loans ranging from USD$100,000 to USD$1 million and offers technical assistance (TA) and grants up to USD$100,000.

ASBC targets SMEs in sub-Saharan African countries within the agriculture, food security, healthcare, and education sectors, as well as water, sanitation, and hygiene (WASH) with special consideration to SMEs that tackle the climate crisis and address gender equity considerations through their work.

Also Read, Apply: Quickteller N1,000,000 Business Grants

ASBC assists its partners with capital/grants, mentoring, training, and TA to help them develop their business models, strengthen their management skills, expand their market reach, and deepen their impact.

What can ASBC offer to your business?

Debt investments up to USD$1 million
Grant capital up to USD$100,000
Intensive mentoring and training programs
Targeted technical assistance (e.g., technology)
Network of impact investors
Impact first, catalytic partner (no dilution or claims on IP)

Also Read, Apply: World Bank Africa Program

Requirement for the MSME Grant for Nigerians

ASBC seeks to partner with for-profit businesses that are registered locally and majority African-owned. Ambitious, full-time management teams with a clear vision and that are driven to grow their business and deepen their social impact are ideal candidates. Businesses must have at least two years of operations and be revenue positive with a scalable product/service.