2017 Lagos State Employment Trust Fund for Entrepreneurs
About 2017 Lagos State Employment Trust Fund for Entrepreneurs Application is currently ongoing for the 2017 Lagos State Employment Trust Fund for Entrepreneurs. The Lagos State Employment Trust Fund (“LSETF” or “the Fund”), was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, for job, wealth …
About 2017 Lagos State Employment Trust Fund for Entrepreneurs
Application is currently ongoing for the 2017 Lagos State Employment Trust Fund for Entrepreneurs.
The Lagos State Employment Trust Fund (“LSETF” or “the Fund”), was established by The Lagos State Employment Trust Fund Law 2016 to provide financial support to residents of Lagos State, for job, wealth creation and to tackle unemployment.
LSETF serves as an instrument to inspire the creative and innovative energies of all Lagos residents and reduce unemployment across the State. The Fund has the mandate to directly invest N25Billion in helping Lagos residents grow and scale their Micro Small and Medium Enterprises (“MSMEs”) or acquire skills to get better jobs.
The Fund expects to create 300,000 (Three Hundred Thousand) direct and 600,000 (Six Hundred Thousand) indirect jobs within three years, by supporting at least 100,000 (One Hundred Thousand) MSMEs.
The Fund will deliver primarily through its partners and will leverage their experience & capabilities to achieve its goals.
Application Deadline
February 3, 2017
Value of Scholarship
The Fund will use various interventions to boost job creation in Lagos State, energize the Lagos economy to boost the state’s production, support various initiatives designed to make Lagos a preferred investment destination and support Lagosians seeking to start or run their businesses and unemployed Lagosians who lack the skills to take existing jobs.
Eligibility Criteria
This call is open to:
- Micro-enterprises
- In need of N500, 000 or less
- Residents of Lagos
How to Apply
Click here to download application forms and submit at the LSETF office.
For more information, click here to visit the official website>>