The Food and Drink initiative is gradually becoming a household name with the amount of participants and audience garnered year in and year out. Appealing and healthy cuisine is something everyone appreciates as food is considered a basic need of man, and over the years, Guaranty Trust Holding Company has supported food enthusiasts, as well as those in the food industry in bringing that to pass.
The event matches those who appreciate the beauty of good cuisine with food experts. For those seeking to participate in GTB’s SME support for the food industry through GTB Food and Drink, there are some certain things to consider, such as eligibility, required documents, application steps, and so on, all of which shall be highlighted in this post.
Eligibility Criteria for GTB SME Support for Food Industry
Business registration, this means the food-related business must be registered with CAC.
Food industry segment which consists of restaurants, cafes, bakeries, food processing, catering services.
Good credit history, meaning no bad debt records in the business.
A scalable business plan that is presentable and acceptable.
Required Documents
Business Registration Certificate
Tax Identification Number.
Audited Financial Statements.
Business Plan.
Valid government-issued ID.
Application Steps for GTB Food Industry Support
Visit GTBank website
Click SME Banking, Food and Drink
Fill application form
Upload required documents
Submit
GTB Food and Drink Benefits
Participating in the food and drink event organized by GTB presents many opportunities and benefits to participants. The benefits are highlighted as follows:Access to funding; loans of up to N50 MILLION.
Mentorship: Business advisory services.
Networking: Opportunities with industry experts.
Training: Workshops, seminars.
Market Exposure: Visibility through GTBank platforms.
Application Opportunities
GTBank Food and Drink Fair: showcase products to audience.
GTBank SME MarketHub: Online marketplace.
GTB SME Support Initiative
The GTB SME support initiative are grouped into three namely:
GTB SME Academy.
GTB SME Loan.
GTB SME Markethub.
GTBank’s food and drink initiative empowers food industry entrepreneurs, enhancing business growth and contribution to Nigeria’s economy. It also offers numerous opportunities to entrepreneurs in the food industry. It is seen as a unique opportunity which brings food entrepreneurs and the bank customers to participate in one of the most appreciated gatherings of food enthusiasts.
Apart from mentorship, networking, training, market exposure, business advisory, participants have been presented with welcoming opportunities to thrive in the food industry.
It is considered a great platform for food entrepreneurs and those in the business industry to enhance growth, increase revenue, and contribute to Nigeria’s economic development.
