Benefits, Requirements, How to Apply and Target Market for Bank of Industries (BOI) 2024 Rural Area Programme on Investment for Development (RAPID)

Benefits, Requirements, How to Apply and Target Market for Bank of Industries (BOI) 2024 Rural Area Programme on Investment for Development (RAPID)

Programme Objective:

To support communities in rural and economically disadvantaged areas to develop enterprises that can provide employment, improve standard of living, and contribute to national growth.

Target Market:

Micro and small businesses, community groups in rural areas

Benefits:

- Empowerment of local businesses, particularly MSMEs, with a focus on youth and women entrepreneurs

- Job creation, particularly for youth and women, through the growth and expansion of rural enterprises

- Economic diversification, promoting development of diverse economic activities beyond traditional agriculture in rural areas

Requirements:

- Completed application form

- Business plan

- Acceptable means of identification

- BVN and NIN

- Proof of residential address

- Completed guarantor forms

- Other terms and conditions apply

Application Deadline: May 29, 2024

How to Apply:

- Visit (https://rapid.boi.ng/register) to apply

- Email: customercare@boi.ng

- Call: 0700-CALL-BOI (0700 225 5264)

- Switchboard: (+234)-02-012715070-71