The N500 Million Bank of Industry (BOI) Matching Fund


Bank of Industry (BOI)Matching Fund


This is a counterpart funding program between the Bank of Industry (BoI) and the Enugu State Government (ENSG) where both parties provided N250 Million to the funding program. The program had a maximum funding ceiling of N30 Million with a maximum tenor of three (3) years with an interest rate of 10%-12%, depending on the use of funds (Working capital needs and Fixed Asset Acquisition finalizing, respectively). This program commenced 2015.