SMEDAN Warns of Startup Investment Gap in Nigeria
By Oluwakemi Kindness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has raised concerns over the shortage of investment-ready startups in the country, despite the availability of significant funding opportunities for entrepreneurs. Director-General of SMEDAN, Charles Odii, made the observation at the opening of the Abuja Centre for Entrepreneurship (ACE) Project’s Training of […]
NSIA Unveils $275,000 Innovation Fund for Nigerian Startups
By Oluwakemi Kindness The Nigeria Sovereign Investment Authority (NSIA) has launched the fourth edition of its Prize for Innovation (NPI 4.0), unveiling a $275,000 prize pool and access to up to $1.5 million in growth funding to support high-potential Nigerian startups. The initiative, themed “Building for Impact,” is designed to help innovative businesses scale through […]
Barau Urges Universities to Turn Research into wealth
By Anayo Akwitti Deputy President of the Senate, Senator Barau Jibrin has urged universities and other tertiary institutions in the country to prioritise research and its commercialisation as done by higher institutions in developed nations. Senator Barau made the call when he received the management of the North West University, Kano led by the Vice […]
SEDC Selects 25 Startups for Venture Capital Support
By Oluuwakemi Kindness The South East Development Commission (SEDC) has selected 25 startups for funding, mentorship, and investor access under its inaugural South East Venture Capital Program (SEVCP), aimed at driving innovation, entrepreneurship, and economic growth across the South East. The announcement followed the conclusion of the programme’s pitch competition, which attracted startups operating in […]
SEDC Shortlists 210 Innovative Startups for Venture Capital Boost
By Oluwakemi Kindness The South East Development Commission (SEDC) has shortlisted 210 startups from over 1,200 applications received across the South East region for the next phase of its Venture Capital Programme. The selected startups comprise 128 in the Incubator Track and 82 in the Accelerator Track, marking a major milestone in the Commission’s effort […]