Regulatory Alerts2020-06-06 | DFD/SME/GEN/HSRDIS/01/012Healthcare and Research Development Grant Guidelines
The Central Bank of Nigeria (CBN) introduces the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to strengthen the public healthcare system by providing grants for research and development (R&D) in drugs, vaccines, and diagnostics for infectious diseases. The scheme aims to boost domestic manufacturing and reduce costs, with a focus on COVID-19 and other communicable/non-communicable diseases. Grants are available for R&D activities, with a maximum of N50.0 million, and for development/manufacturing activities, with a maximum of N500.0 million, subject to milestone achievements.
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