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Seed Grants
SME Loans
Women Entrepreneurs
Youth & Graduate Programs
Sector-Specific (Journalism, Climate)
1
Tony Elumelu Foundation (TEF) Entrepreneurship Programme
💰 Seed capital (typically $5,000)
One of the most prestigious and comprehensive entrepreneurship programs in Africa, offering funding, mentorship, and training.
2
DBN Entrepreneurship Training Program 2026
💰 Up to ₦100 million in grants
Provides access to substantial funding and training, crucial for scaling small businesses.
3
Jerry Eze Foundation Business & Entrepreneurship Grant Program 2026
💰 Up to $300,000
Offers a significant financial boost for high-potential startups and SMEs.
4
Flutterwave x Toke Makinwa Glow Up Grant 2026
💰 ₦1 million
Combines funding with visibility and mentorship from a prominent brand and influencer.
5
MTN-WWF Africa PachiPanda Challenge 2026
💰 $5,000 prize
⏰ 28 August 2026
Targets the growing green economy and supports youth-led climate solutions.
📊
Funding Trends
Increased focus on youth-led and women-led enterprises, with dedicated grants and programs.
Growing availability of digital and fintech-related funding, reflecting the tech ecosystem's expansion.
Partnerships between corporates and foundations (e.g., MTN-WWF, Flutterwave) to support SMEs with both funding and mentorship.
📝
Application Tips
Tailor your application to the specific program's goals, highlighting how your business aligns with their mission.
Prepare a clear, concise business plan with financial projections and a compelling story.
Meet all deadlines and ensure your documentation is complete and accurate.
The Nigerian funding landscape is vibrant and diverse, with opportunities ranging from small grants to substantial loans and equity-like support. Key players include foundations like Tony Elumelu, government agencies like BOI, and private sector initiatives. There is a strong emphasis on youth, women, and technology-driven ventures. Entrepreneurs should actively monitor deadlines and apply early, as competition is high. The availability of both local and international funding sources offers a robust ecosystem for growth.
Sources
LSETF
Opportunities for Africans
Tony Elumelu Foundation
BOI Nigeria
Google News NG
30 grants analyzed
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