11 Grant, Funding and Support Programmes for Nigerian Startups
Finding capital for a business in Nigeria can be difficult, but some programmes offer grants, equity-free funding, training or access to investors. Always read the terms carefully, as several options listed below also offer loans or equity-based funding. Options include the Tony Elumelu Foundation, iDICE, SMEDAN, Young Africa Innovates, NITDA Tech Revolution Africa, NiYA, Orange Corners Nigeria, Bank of Industry intervention funds, the Student Venture Capital Grant, Africa’s Business Heroes and the Grooming Endowment Trust. Available support ranges from small-business grants and mentorship to startup incubation, pilot contracts and student venture funding. Before applying, keep your CAC documents, business bank details and financial records ready. Prepare a clear pitch deck and explain exactly how the money will be used, whether for equipment, stock, hiring or marketing. Apply only through verified official channels. Be cautious of anyone requesting a processing fee or promising a guaranteed grant. If you have applied for any of these programmes, share your experience and what applicants should expect.
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