3 Active Funding Programs for Nigerian Entrepreneurs

Nigeria’s entrepreneurial landscape is thriving, and access to funding remains a critical driver for growth and innovation. Whether you’re a startup founder or an established business owner, securing financial support can propel your venture to new heights.

We highlight 3 active funding programs specifically designed for Nigerian entrepreneurs. These initiatives offer not just capital but also mentorship, networking opportunities, and resources to help you scale your business

Lagos State Agrithon Program – ₦150m

The Lagos State Agrithon Program is an innovative initiative designed to transform agriculture and food systems in Lagos and Nigeria. It targets startups, innovators, and teams working in the agribusiness or food systems sector, encouraging them to develop groundbreaking solutions to critical challenges in these areas.

Benefits of Lagos State Agrithon Program:

• Funding/grant up to ₦150m
• Business Mentorship
• Agribusiness Training
• Networking Opportunity 

Eligibility Requirements for Lagos State Program

To be considered for the Lagos State Program, you must meet the following criteria:

• The business must be between 0-5years and the Founder must be aged 18-40 years
• Open to startups, innovators, and teams working in the agribusiness or food systems sector
• Participants must be based in Lagos or have projects impacting Lagos agrifood system
• Must be registered with the Corporate Affairs Commission (CAC)
• Must be registered with Lagos State Residents Registration Agency (LASSRA)
• Participants must have an innovative solution addressing a critical challenge in agriculture or food systems

Apply Here: Lagos State Agrithon Program

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NGO Support Initiative Grant – ₦5m

The NGO Support Initiative (NSI) Grant is an initiative of the Development Research and Projects Centre (dRPC).

The dRPC is Nigeria’s leading intermediary non-profit with 32 years of experience sub-granting and strengthening capacity for local CSOs working for gender equality, third sector resilience, and social justice & inclusion in development and humanitarian domains.

Benefits of NGO Support Initiative Grant

• Awards are for a maximum of N5,000,000.00, therefore, the proposed budget of your organization will be considered once submitted.
• Successful NGOs are required to participate in a 4-module virtual training program on project management, evidence-informed advocacy; financial accountability and compliance; and social behavioural change communication.
• High-performing NGOs that excel in this grant will be recommended to social impact investors for scale-up and sustainability support.

Eligibility Requirements for NGO Support Initiative Grant

To be considered for the NGO Support Initiative Grant, you must:

• This award is only open to registered NGOs; not to individuals.
• The EoI calls for full disclosure on the leadership and management of the NGO applying, but it is not mandatory that NGOs be women-led
• The minimum requirement for the NGOs registration and active programming for the NSI is 5 years.
• NGOs from any LGA or state in Nigeria are eligible to apply
• All grant awards must be completed in 3 months. Your application should attach evidence of an invitation to apply, a call for proposal, or evidence that the platform for submission no longer exists for consideration.

Apply Here: NGO Support Initiative Grant

Abuja Startup Innovation Challenge/Hackathon – ₦100m

The Startup Innovation Challenge presents an online hackathon and business growth experience for startups, SMEs, tech innovators, and entrepreneurs across Nigeria.

Benefits of Startup Innovation Challenge/Hackathon

• 1st Prize: ₦10 million worth of value — includes ₦5 million in cash, ₦ 4 million worth of AWS credits, and ₦ 1 million worth of tailored business mentorship
• 2nd Prize: ₦8 million worth — includes ₦3 million in cash, ₦ 4 million worth of AWS credits, and ₦ 1 million worth of tailored business mentorship
• 3rd Prize: ₦7 million worth — includes ₦2 million in cash, ₦ 4 in million worth of AWS credits, and ₦ 1 million worth of tailored business mentorship
• 10 Runner-Ups: includes ₦200,000 in cash +  ₦ 1.5 million worth of AWS credits for each person/team
• All selected participants:  ₦ 500,000 worth of AWS credits.

Eligibility Requirements for Abuja Startup Innovation Hackathon

To be considered for the Abuja Startup Innovation Hackathon 2025, you must:

• Be aged between 14 – 45 (male and female)
• Nigerian or any other African
• Or Non-Africans building for the African market.
• Your idea or startup is tech-enabled

Apply Here: Abuja Startup Innovation Challenge

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