[Apply] Vice President’s Office Offers Equity Free Capital to Startups in Southeast and Northcentral

[Apply] Vice President’s Office Offers Equity Free Capital to Startups in Southeast and Northcentral

This is a good opportunity to get support for your startup and business if you operate in South East and North Central. The deadline is May 5 2018. It is the Office of the Vice President that is coordinating this.

Startup Nigeria is an intervention of the National Social Investment Program (NSIP) under the Office of the Vice President of the Federal Republic of Nigeria as part of the program to support private sector innovation hubs  for the strategic increase of entrepreneurial and technological capacity across Nigeria.

It is a 3 month incubation program designed to help Nigerians with great innovative ideas – create viable products, go to market and gain traction.

The program will provide training, mentorship and equity free funding to selected startups, with a specially curated curriculum designed specifically to help idea and early stage entrepreneurs find their footing and grow in Nigeria’s socio-economic terrain. Startup Nigeria gives founders the needed leverage to excel.

Other startups that don’t get accepted into the incubation  program will also be able to access support in business model generation, customer acquisition and other business engineering skills – from Startup Nigeria representatives located in every state in the North Central and South Eastern zones of the country.

North Central

Any Individual or start up who has an idea or a solution in Agriculture and Governance as it affects the North-Central Region or the nation as a whole. Your state of residence or startup must be located in any one of these states; FCT, Benue, Plateau, Kwara, Kogi, Nasarawa or Niger.

South East

Any Individual or start up who has an idea or a solution in Commerce or Fintech as it affects the South-Eastern Region or the nation as a whole.Your state of residence or startup must be located in any one of these states;Enugu, Imo, Anambra, Abia or Ebonyi

IDEA STAGE APPLICATION

If you are still at the idea stage of your product, you can apply to participate in the Startup Nigeria Hackathon from which you get a chance to qualify for incubation

EARLY STAGE APPLICATION

If you have a startup with an MVP that falls into the listed sectors you can apply directly for incubation

Deadline – APPLY 7 APRIL – 5 MAY 2018


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20 thoughts on “[Apply] Vice President’s Office Offers Equity Free Capital to Startups in Southeast and Northcentral

  1. Thanks for this,
    but why is it only for those 2 regions?
    what about the other four regions in the country?
    and this is coming from the office of the vice president.

    well it looks as though something is amiss here.

    King
    kingdmj2000@gmail.com

    Reply
    1. I do not work for VP but I provided this to someone on LinkedIn.

      Govt started feeding school kids from one region and moved to others. There is nothing wrong if they pilot from SE and NC. Money is money and it belongs to Nigeria. Provided the recipient uses it to provide jobs, that works. We need to allow govt to do its job. This is commendable if you look at it. The greatest shame will be if NO one applies

      Reply
      1. Reply so apt! Definitely, If Mr.Eze and Mr. Adamu gets hold of this and run with it as envisaged by the proponents of this scheme, it will definitely have a multiplying effect on the Nation as a whole! Thank you Dr., for bringing this to bare on the LinkedIn page, I never knew about it!

        Reply
  2. Good development, it’s interesting to hear that government at last is leaning towards the yearnings of local entrepreneurs. I have joined others in advocating for this type of support for our entrepreneurs instead of spending millions in dollars to send people on pilgrimages to Isreal and Saudi Arabia, government should replicate the efforts of people like Tony Elumelu, who dedicates large financial resources to build entrepreneurs and dare them to succeed.

    Reply
  3. Great initiative… just like many other great initiatives
    But I sure do hope that this momentum is maintained and it’s not abandoned like many other of such FG programs.
    #electionisaroundthecorner

    Reply
  4. Good initiative but am worried, why ideas on Agriculture and Governance alone, shouldn’t startups in other viable sectors of our economy such as entertainment, education and ICT apply too? Secondly, what is the minimum or maximum amount accessible based on project design?

    Reply
  5. I try to submit several times, but keep on telling me skill or market needed which I have filled, what would I do so I can submit my application

    Reply

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