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PiggyVest has opened applications for its ₦10 million Business Grant, giving Nigerian-owned small businesses in selected sectors an opportunity to access funding and business support.
The grant is targeted at entrepreneurs operating in the beauty, fashion, food and hospitality industries. It is intended to support businesses that are creating value, solving problems and contributing to their communities and industries.
If you own an eligible small business, you can apply online through the PiggyVest Business Grant application portal.
The PiggyVest Business Grant provides funding to selected businesses that meet the programme requirements.
The initiative is particularly relevant to small business owners who need additional funding to strengthen their operations, improve their products or services and grow their businesses.
Unlike opportunities that are open to people with only a business idea, applicants for this grant must already be operating a business.
Applicants must meet the eligibility requirements before submitting an application.
To qualify, you must:
The eligible sectors are:
Applicants should make sure their business falls within one of these categories before applying.
Applications are submitted online through the official PiggyVest Business Grant application portal.
Go to the official application page:
PiggyVest Business Grant Application Portal: https://openhouse.piggyvest.com/business-grant
Once you access the page, look for the “Apply Now” option and click on it to begin the application.
Complete the requested information about yourself and your business.
Make sure the information you provide is accurate and consistent with your business records.
Applicants are required to submit a video of no more than five minutes as part of the application.
Keep within the five-minute limit and make sure the video clearly presents the information requested in the application.
After providing the required information and uploading your video, review your application carefully.
Once you are satisfied that everything is correct, submit the application.
The PiggyVest Business Grant is intended for existing businesses, so applicants should be able to demonstrate that their business has been operating for at least six months.
It is also important to provide truthful information throughout the application.
Your business should fall clearly within the eligible sectors of fashion, beauty, food or hospitality, and you should have the required business registration.
Do not submit false information simply to meet an eligibility requirement.
For businesses that are selected, grant funding can provide additional resources for business growth.
Depending on the needs of the business, funding may help an entrepreneur improve operations, expand products or services, purchase business equipment, increase production capacity or strengthen other areas of the venture.
However, applicants should not assume that every applicant will receive funding or that submitting an application guarantees selection.
Business owners interested in the opportunity should check the application portal for the current application period and any deadline stated by PiggyVest.
Applicants should avoid waiting until the final day to submit their applications, particularly where additional information or a video submission is required.
The initiative provides a total grant opportunity of ₦10 million.
Nigerian-owned businesses in the fashion, beauty, food and hospitality sectors can apply, provided they meet the other requirements, including being registered and having operated for at least six months.
The stated eligibility requirement is that the business must have been operating for at least six months. Therefore, businesses that have operated for less than six months do not meet this requirement.
Yes. Applicants are required to operate a registered business.
Yes. Applicants are required to upload a video that is no longer than five minutes as part of the application.
Applications can be submitted through the official PiggyVest Business Grant portal:
https://openhouse.piggyvest.com/business-grant
The PiggyVest ₦10 million Business Grant is an opportunity for eligible Nigerian entrepreneurs in the fashion, beauty, food and hospitality sectors to seek financial support for their existing businesses.
Before applying, make sure you meet the age, business registration, sector and six-month operating requirements. Prepare the information requested and your video in advance so you can complete the application properly.
NigeriaOpportunities.com shares information on business grants, funding opportunities, government loans, scholarships, internships, training programmes and jobs for Nigerians. Check our business opportunities section for more funding opportunities you may qualify for.