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 […]
ITF to Launch Incubation Programme for SUPA Artisans
By Oluawkemi Kindness The Industrial Training Fund (ITF) is set to launch a Business Incubation Programme under its Skill-Up Artisans (SUPA) initiative to support graduates in establishing and growing small businesses across Nigeria. The programme is aimed at bridging the gap between skills acquisition and entrepreneurship by providing beneficiaries with business development training, mentorship, certification […]
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 […]
NSIA Awards $220,000 Innovation Prizes to Nigerian Startups
By Oluwakemi Kindness The Nigeria Sovereign Investment Authority (NSIA) has announced winners of the third edition of its NSIA Prize for Innovation (NPI 3.0), awarding over $220,000 to Nigerian startups developing solutions in energy, agriculture, and healthcare. The announcement followed an intense pitch session at the NPI 3.0 Demo Day, where ten finalists, selected from […]