The SMEDAN/Sterling Bank program is to deliver credit to the sub-sector in six selected States, as a promotional mechanism to enhance enterprise output, competitiveness, and job creation. The disbursing entity, under the program, shall be Sterling Bank PLC.


i. The applicant/Enterprise must be within the Agribusiness value chain (Upstream, Midstream & Downstream)

ii. Applicant/Enterprise must have CAC registration or State approved registration

iii. A moveable asset to be registered under the National Collateral Registry (NCR).

How to Submit an Application

1. The SMEDAN Sterling Bank Matching Fund 2023 Registration Portal is now Open: NMSEs can apply by visiting (, or clicking this link where pre-qualification of applicants shall commence.

2. Business Plans Submission: Pre-qualified applicants shall be required to pay a processing fee of ten thousand (N10,000 00) naira for the Business Plan template on the platform (Note: A separate training fee is not required)

Call For Participation:

The joint program partners, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Sterling Bank Plc hereby invite applications from all suitably-qualified Nano, Micro, and Small Enterprises (MSEs) located in the following state:


Leave a Reply

Your email address will not be published. Required fields are marked *