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Home Companies Corporate Updates

ATTENTION: Website calling for applications for startup funding is FAKE – FG

NM Partners by NM Partners
December 3, 2022
in Corporate Updates, Financial Literacy, Small Business
FG discredits fraudulent website calling for applications for startup funding
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A website purporting to be an official portal for applicants seeking funding for their businesses from the government is fake.

The website with the link “National Startup InvestmentFund” claims to facilitate applications for the Start-up fund based on the new Startup Bill.

However, a closer look reveals the website is fake and not backed by any Federal Government agency. As such, the Nigerian Startup Act has issued a warning to innocent startup owners to avoid the website.

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Officials of the Secretariat handling the Startup Act shared this press release with Nairametrics.

See below;

“The Nigeria Startup Act wishes to draw the attention of the Nigerian populace to the fraudulent message being spread on the internet by a malicious website. 

The fraudulent website purporting to be startup funding is asking Nigerian citizens to apply for a national startup investment fund claimed to be backed by the Federal Ministry of Industry, trade, and investment. 

This information is not listed on the Nigeria Startup Act official website which makes it malicious and should be disregarded by the public. Kindly refer to our official website and social media accounts for legitimate information about the progress of the Nigeria Startup Act.”

Why this matters: There are unscrupulous actors looking to exploit the government’s initiatives to extort innocent founders and business owners.

  • Thus, it is important to first verify these handles or websites by contacting government officials.
  • Not verifying before giving out your personal information can expose you to fraud or stealing your personal identity information.
  • The government also uses its own communication tools for disseminating information and this can be found on its official social media handles and official websites.
  • This disclaimer serves as a warning to all to desist from subscribing to faceless websites.

 


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Tags: Federal GovernmentNigeria Startup Act
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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