LSETF Registration 2021 At Lagos State Employment Trust Fund Website

LSETF Registration 2021 At Lagos State Employment Trust Fund Website

LSETF Registration is currently open for the current year, suitably qualified individuals who possess all the below stated requirements should proceed to the Lagos State Employment Trust Fund Website.

Before we proceed to the LSETF Registration process I believe it is important to know what the program is all about.

Lagos State Employment Trust Fund (LSETF) is a program established by the Lagos State Employment Trust Fund Law 2016 with the intention to tackling unemployment in the state by rendering financial support, job, as well as wealth creation to Lagos State residents. Entrepreneurs who are not left as qualified candidates shall be granted access to finance to strengthening the institutional capacity of MSMEs in the state.

Lagos State Government have budgeted to inject 25 billion Naira into this program for four years and promise to raise additional funding from various sources such as donor partners, development agencies, corporate organizations as well as individuals.

LSETF Loan is divided into various categories for all individuals to fit in and the categories are as follows:

MSME Loan Programme

This category is available to business owners who are registered residents of Lagos State, it aims to create affordable access to funding for small businesses to grow, expand, create wealth and put people to work. Beneficiaries can access up to five million (5,000,000) Naira here with only a 9% interest rate per annum required. SEE FULL INFORMATION HERE

Lagos Innovates

This aims at technology- and innovation-driven startups in Lagos State. SEE FULL INFORMATION HERE

Employability

Unemployment scourge among the youths shall be tackled with this category as 10,000 young Lagosians will undergo skill training in 6 sectors including Manufacturing, Hospitality, Entertainment, Construction, Health and Garment Making to help them acquire the needed knowledge and skill through vocational training and subsequently helping them get job placements. SEE FULL INFORMATION HERE

Lagos Cares

This aims to help newly poor and vulnerable households as well as MSMEs affected by the COVID-19 pandemic, this is a state-level intervention under the title of Lagos COVID-19 Action Recovery and Economic Stimulus (CARES) Program. SEE FULL INFORMATION HERE

Lagos Tourism

This is available to all businesses in the tourism and hospitality sector operating in Lagos State and registered under the ministry of tourism. SEE FULL INFORMATION HERE

SEE ALSO:

LSETF Registration Guide

Ensure you have checked the full information about the suitable position for the requirements by following ‘SEE FULL INFORMATION HERE’.

Proceed to the LSETF registration portal
Choose any suitable program and hit the ‘Get Started’ button
Supply your active email address.
Log into your email and verify your account.
Proceed to complete your application.
Submit and await notification for the next process if shortlisted.
The registration deadline was not specified.