The MSME Survival Fund Registration: how Nigerian beauty professionals and salon owners can grab this opportunity
The Covid-19 pandemic hit a very big blow to the Nigerian Beauty and Wellness Industry. For over two months during the lockdown, Salons, Spas, and Gyms were all closed down, and beauty professionals were stuck at home and made no money during that period.
Even though the Lockdown has been relaxed for some months now, it has not been easy for salon owners and beauty professionals to run their business smoothly.
We can relate because we run a beauty salon too — our clients are not patronizing us like before, we still have to pay salaries, pay rent, and buy Personal Protective Equipment (PPE’s) to keep our employees and clients safe.
The Nigerian Government has put together the National Economic Sustainability plan (NESP) to help cushion the effect of the Covid-19 pandemic on businesses and the lives of Nigerians.
One of the latest programs under this Economic Sustainability plan is the MSME Survival Fund Scheme.
What is the MSME Survival Fund Scheme all about?
MSME stands for — Micro Small and Medium enterprises and the Survival fund was built specifically for these kinds of business.
If you are a self-employed beauty professional (Makeup artist, Barber, Hairstylist, Nail technician, etc), or even if you own a salon or spa, you are categorized as an MSME.
The MSME Survival Fund was set up to help small business owners to do the following:
1. Payroll Support — The Government is going to support 500,000 MSME’s to pay the salaries of their employees ranging between 30,000 naira to 50,000 naira for each employee over the next 3 months.
If you own a salon, spa, or gym with at least 3employees, and you have already registered your business with the Corporate Affairs Commission (CAC), you are eligible for this support.
2. Formalisation support — The Government is going to provide free CAC Business name registration to 250,000 new businesses.
This means if you are a Self-employed beauty professional, this is a perfect opportunity for you to register your business with the CAC for completely FREE.
3. General Grant — The Government is going to give a 50,000 naira grant to businesses most affected by the Covid-19 pandemic.
If you are a self-employed beauty professional, or if you own a Salon or Spa, you are eligible for this general grant.
How can you grab this opportunity?
If you are a self-employed beauty professional, or even if you own a salon, spa, or gym, this is a perfect opportunity for you to get the support you deserve.
At Zurihq.com, we are putting together resources to help as many beauty professionals and salon owners as we can to register and apply for this MSME survival fund program from the Nigerian Government.
Registration for Payroll Support for businesses has already started. Application for the survival fund closes on October 15th, 2020.
If you are interested in applying for this MSME survival fund, click on this link http://bit.ly/MSMEfund to join the small group of Beauty professionals and Salon owners we are going to help to register and apply for the MSME survival fund program.
It does not matter where you live or at what level your business may be right now, the Covid-19 pandemic hit all of us badly and this is an opportunity you — don’t let this opportunity pass you by.
Remember to click on this link — http://bit.ly/MSMEfund to join the small group of Beauty professionals and Salon owners we are going to help to apply for the MSME survival fund program.
If you have any questions, please let me know in the comment section below.