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Wednesday, 16 November 2016

Nigeria: UK Group launch 80 Million Grant for Niger Businesses

All is now set for the Market Development in the Niger Delta, MADE, a U.K. Department for International Development Funded programme, to launch N80 million Technology Adoption Grant, TAG, a private sector intervention aimed at stimulating performance in select agriculture value chains in the Niger Delta. The TAG fund managed by MADE will be awarded to eligible individuals and enterprises with focus on palm oil processing, fish smoking and improving harvesting technologies through a competitive grant process. In a statement released on Saturday in Abuja, the Communications and Advocacy Manager for MADE, Fidelis Ekom, said the competition which will be launched on November 16 is open solely to individual businesses and enterprises domiciled and operating in the Niger Delta, explaining that successful bids can receive up to a maximum of N1.1 million depending on the funding window. The statement explained that those captured under the first funding window are small scale business people with focus on fish smoking. It said TAG fund will give access to new fish smoking kilns with its attendant benefits which include safety from fire hazards, improved efficiency (the time it takes to smoke fish), improved smoking capacity and reduction in the cost of doing business.

Source: allafrica.com