The Federal Government on Monday announced that it will reward the most excellent, hard-working and innovative Micro, Small and Medium Enterprises (MSMES) in 2024, with an SUV, a residential Flat, and a minimum of N3million at this year’s edition of the MSMES clinics initiative.
The MSMES award event is designed to commemorate the 2024 United Nations world MSMES Day as an avenue for recognising and supporting outstanding small businesses in the country.
Senior Special Assistant to the President on Job Creation and MSMES. Tola Adekunle-Johnson told Journalists at a press conference kick-starting activities for the programme of the event in Abuja, that the Federal Government has scaled up the standard and quality of awards for winners.
“We are coming up with huge prizes. Some of them, we have announced today,” he noted.
According to him, the portal for MSMES application, which has been designed to be language friendly for the 2024 awards, will go live on 1st May and close on Sunday May 30th.
Adekunle-Johnson said, one of the requirements for MSMES interested to participate in some of the categories, is registration with the Standard Organization of Nigeria (SON), the Corporate Affairs Commission (CAC), and the National Agency for Food Drugs Administration And Control (NAFDAC).
Vice President Kashim Shettima is expected to attend the FCT MSMES clinic at the international conference center Abuna on 25th May where the Federal Government plans to also doll out grants to owners of small businesses as part of activities marking the world MSME day.
The Federal Government expanded national MSME clinics focuses on providing a platform for MSMES to exhibit businesses, gain access on-site investments as well as develop the five core areas of MSMES, which include funding, skill development, infrastructure, axxess to markets and technology.
Presidential aide Adekunle-Johnson says that, “the MSMES award is an annual activity to honour outstanding indigenous MSMES, recognising their efforts as well as that of the States in contributing to the growth of small businesses in the country.”
The award event, which began in 2018, have witnessed five award ceremonies with over 40 verified winners.