Presidential Conditional Grant Scheme (PCGS) – Get ₦50,000 Free Grant for Your Small Business (2025 Update)
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| Presidential Conditional Grant Scheme (PCGS) |
The Presidential Conditional Grant Scheme (PCGS) is one of the Nigerian government’s most impactful empowerment programs in recent years. If you're a small business owner, trader, or artisan, you may be eligible to receive a ₦50,000 non-repayable grant — no collateral, no repayment, and no interest.
This 2025 update breaks down who can apply, how to apply, eligibility requirements, and links to official portals.
What is the Presidential Conditional Grant Scheme?
The PCGS is part of President Tinubu’s Renewed Hope Agenda, launched in March 2024 to help nano businesses — the smallest units of the informal sector like petty traders, tailors, farmers, POS agents, barbers, and mechanics.
It targets 1 million beneficiaries across Nigeria, with a focus on:
- Youth
- Women
- People with disabilities
- Senior citizens
Grant Amount: ₦50,000
Repayment: None (it's a grant, not a loan)
Target: Micro-businesses with at least one employee or plans to hire
Who is Eligible?
To qualify for the ₦50,000 PCGS grant, you must:
- Be a Nigerian citizen aged 18+
- Operate a nano business or self-employed venture
- Provide a valid NIN and business details
- Be willing to register with CAC (optional but recommended)
- Be located in Nigeria with a valid residential or shop address
Required Documents
- NIN (National Identification Number)
- Bank Verification Number (BVN)
- Proof of business activity (photo, receipts, etc.)
- Account number and personal details
If selected, you’ll be contacted by your LGA Desk Officer for verification.
How to Apply
The PCGS is hosted via the Federal Government’s Grant Management Portal in collaboration with SMEDAN and State Ministries.
Apply here: CrunchFundings PCGS Portal
Or track updates via: SMEDAN Grant Programs
Beware of Scams!
This grant is completely free — no agent should collect money from you. If anyone asks for payment to “process” your application, it's a scam. Always apply via official portals.
Benefits for Small Business Owners
- Use funds to buy inventory, tools, or expand your shop
- No pressure of repayment or bank loan interest
- Proof of funding can boost your credibility and attract more customers
- Opportunities to connect with other empowerment programs like SMEDAN CGS or NIRSAL AGSMEIS
The Presidential Conditional Grant Scheme is a golden opportunity for Nigerian nano businesses in 2025. With over ₦50 billion allocated, this grant is designed to uplift the informal sector and create real change.
👉 Don’t wait — apply now or track updates via SMEDAN.
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