CBN Releases Eligibility Criteria And Functional Training Areas Under AGSMEIS


Monday, August 26, 2019 /01:40PM /CBN / Header Image Credit: Pulseng

Eligibility Criteria/Checklist for Selection of Entrepreneurship Development Centres under the AGSMEIS



Remarks (Yes or No)


a) Must be duly registered with Corporate Affairs Commission (CAC) or

b) Be a Public-Sector Institution.



Must have been in existence for a minimum of three (3) years with evidence of past trainees.



Must have qualified faculty in the functional areas listed on the attached.



Must have at least 5 workshops and 5 classrooms well equipped for training.



Must provide training modules with a robust curriculum which should include vocational, skill acquisition and entrepreneurship training.



Must demonstrate with proof, track record of mentoring and training Small and Medium Enterprises (SMEs).



Must have at least 2 years audited financial records.



Provide tax Identification number and Bank Verification Number (BVN) of the Entrepreneurship Development Centre (EDC) and its promoters.



Provide evidence of tax payments



Provide a minimum of 3 months training for start-up businesses in the identified functional areas on the attached list, however, existing businesses could be less.


N/B: This checklist is subject to review by the Central Bank of Nigeria (CBN) from time to time.

Functional Training Areas for Entrepreneurship Development Centres under AGSMEIS

1. Agriculture & Agro- allied Processing

2. Art &Entertainment

3. Automobile Services

4. Fashion and Dressmaking

5. Catering & Event Management

6. Courier & Delivery Services

7. Creative Industry

8. Apparels and Textiles

9. I.C.T

10. Cottage Industry

11. Media

12. Publishing

13. Telecommunications

14. Hospitality

15. Health Services

16. Welding and fabrication

17. Animal Husbandry

18. Cosmetics, Beauty and Makeup Artistry

19. Electrical and Electronics

20. POP and Tiling

21. Carpentry

22. Masonry

23. Kerbs and Electric Pole making

24. General Management (applies to all disciplines)


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