SMEDAN rolls out matching fund programme for agro-based SMEs

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in partnership with Sterling Bank Plc, has started a matching fund programme for agro-based Nano, Micro and Small Enterprises (NMSEs). Prospective beneficiaries are expected to apply for financing within the range of N500,000 and N2.5 million. This is contained in a statement issued yesterday in Abuja by the Head of Corporate Affairs Division of the agency, Ibrahim Mohammed. The statement quoted the Director-General of SMEDAN, Olawale Fasanya, as saying the intervention is to deliver credit to the sub-sector in six…

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