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Apply: Hallelujah Challenge N50 Million Grant 2026 for SMEs and Students Now Open

Hallelujah Challenge
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The Hallelujah Challenge Grant Initiative, in partnership with Premium Trust Bank, has announced the launch of its ₦50 Million Grant 2026 to support small businesses and students across Nigeria.

The initiative is designed to provide financial assistance that promotes business sustainability and eases educational burdens.

SEE ALSO: Growing Roots Grant Applications for Business Owners and Founders in Nigeria

A total of ₦50 million will be disbursed to qualified beneficiaries following a screening and verification process.

Who Can Apply for Hallelujah Challenge Grant Initiative?

1. Small Business Owners

Entrepreneurs operating registered or verifiable businesses that require funding to expand, stabilize operations, or improve sustainability are eligible to apply.

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2. Students

Primary, secondary, and tertiary institution students who require financial assistance for school fees can also apply under the student support category.

SEE ALSO: Federal Government GEEP Loan Programme (TradeMoni, MarketMoni, Farmer Moni Up to N300,000 & Zero Interest)

Registration Details

  • Portal Opens: 18 February 2026
  • Time: 12 Noon (WAT)
  • Winners Announcement: 27 February 2026

All applications will undergo eligibility screening and verification. Meeting the stated criteria does not automatically guarantee selection.

Only submissions made through the official portal will be considered valid.

SEE ALSO: BOI and MTN Foundation N1 Billion Y’ellopreneur 3.0 Matching Fund for Women-Led Businesses

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How to Apply for Hallelujah Challenge Grant Initiative

Interested applicants should submit their applications through the Hallelujah Challenge Grant Initiative official website.

The winners of the student and business grants will be announced officially on 27 February 2026.

Carefully complete your application and await the final shortlist.

You can also visit Latest Grant Category and Job and Career Opportunity Desk Section to explore and discover opportunities you are qualified to apply for.

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