Facebook understands that your business may be experiencing disruptions resulting from the global outbreak of COVID-19. Therefore, they’re offering Naira 400,128 in cash grants and Naira 240,077 in ad credits to help during this challenging time.
The information you provide in the application form will allow Facebook to understand how your business has been affected by COVID-19, and how it could benefit from this grant during this difficult time.
All personally identifiable information supplied in this Application Form will be processed in accordance with the Facebook Data Policy available here.
When completing the application form, please consider the following:
- The information you provide will be examined objectively and in a fair manner, with all applicants treated equally.
- When answering a question in a ‘free text’ field, please provide the essential information in a comprehensive but concise manner, adhering to the character limits provided.
To be eligible to apply, you must:
- Be a for-profit business
- Have between 2 and 50 employees
- Have been in business for over a year
- Experienced challenges from COVID-19
- You must also be in or near a location where Facebook operates.
All locations in Nigeria are eligible.
When completing your application, you will be required to supply your most recent financial statements or accounts along with a legal document proving that your business has been established for at least one year, such as your annual tax return, business registration document (CAC documents), business licence or partnership agreement.
Please ensure to provide full financial statements or accounts for your business. At a minimum, the financial statements you provide should include a balance sheet and an income statement/profit or loss statement.
A balance sheet typically includes a summary of all of your business’ assets and liabilities. For example, assets include items such as cash, balances due from your customers, buildings owned by your business, stock held by your business etc.
Liabilities on the other hand include balances due to your suppliers, loans due to financial institutions etc. An income statement/profit or loss statement includes a summary of your income, expenses and profit for a year.
Note that an abridged financial statements or accounts will not be accepted. When prompted to do so, please upload these two documents in a PDF format. You may be asked to provide further documents at a later stage in the process.
You cannot apply on behalf of your business if you are a current government official or relative of a government official. You will be asked to confirm you are not a government official as part of the application process.
A government official includes officials, employees, representatives or anyone else acting in an official capacity for or on behalf of a government, government agency or other administrative authority or judicial or quasi-judicial body (whether elected or appointed, including legislators, regulators, police, judges, tribunal members, federal, state or local council members), state-owned/controlled enterprises and executives at state-controlled companies; political parties or campaigns; public international organisations; and candidates for public office; any person acting on behalf of or any relatives of any of those listed.
Application opens by 2pm on 24th August 2020 and closes by 5 pm on 4th of September 2020.
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