Investment in Digital and Creative Enterprises program by the Nigerian government, aimed at supporting startups.
Nigeria awards ₦2.25 billion in grants to student-founded ventures
The Federal Ministry of Education awarded ₦2.25 billion in grants to 45 student-founded ventures in Nigeria. The Student Venture Capital Grant Bootcamp allows selected startups to receive up to ₦50 million in equity-free funding.
Nigeria to provide up to ₦1 billion ($735,000) in funding for 100 startups through iDICE Startup Bridge
The iDICE Startup Bridge programme has been launched to support startup founders in Nigeria. The initiative includes two tracks: Founders Lab and Growth Lab, targeting early-stage and growth-stage entrepreneurs.
Nigerian startups get funding boost
The Nigerian government is launching new funds through the iDICE programme to support startups in the creative and technology sectors. DailyPay, a startup founded by Temidayo Dauda, allows employees to access their salaries daily instead of monthly.
Ventures Platform closes $64 million fund with Nigeria’s government as an investor
The Nigerian government is directly investing in startups for the first time through Ventures Platform. Ventures Platform has announced a $64 million first close for its second fund, VP Pan-African Fund II.
Ventures Platform, one of Africa’s most active early-stage investors, has raised another $64 million
Ventures Platform has raised $64 million for its second fund, targeting a final close of $75 million. The Nigerian government has invested in Ventures Platform's fund through its iDICE program, marking a significant milestone.
