WHAT WE DO
Nigeria Entrepreneurs Forum Assistance in Development (NEFAID) is the funding arm of NEF responsible for providing support to MSMES. As a result of the acute shortage of funds for development in Nigeria, financial demands by MSMES are usually high. Assistance from NEFAID and its Development partners are therefore highly competitive and given on best effort basis, based on project viability, business gestation period and integrity of promoters. Assistance from NEFAID are usually in the form of grants, loans or provision of equipment.
Target areas of NEFAID assistance are unlimited; this is to allow for innovative business ideas development as Nigeria integrates itself to the global economy. All requests for assistance are given critical evaluation by the proposal evaluation committee before assistance is given.