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Matching Fund

Matching Fund is a collaborative funding scheme between BOI and other partner institutions such as State Government, Agencies and High Net Worth individuals designed for the purpose of expanding funding opportunities for the would-be beneficiaries.

It is in pursuit of the bank’s policy of inclusive development and the desire to bring its products and services closer to the grass-root that necessitated BOI’s pioneering initiatives to collaborate with interested State Governments and private establishments/individuals to manage or establish dedicated Micro, Small and Medium Enterprises (MSMEs) Development funds for the exclusive benefit of the entrepreneurs in locations or sectors of the economy as may be specified under the collaborative arrangements.

The import of this initiative is to provide a dedicated pool of funds to drive industrial growth and sustainable development process with broader objective of economic growth and development.