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Entrepreneurship & SME Grants
Scholarships & Fellowships
Women & Youth Empowerment
Climate & Sustainability
Education & Leadership
1
Tony Elumelu Foundation (TEF) Entrepreneurship Programme
💰 $5,000 seed capital (non-refundable)
Provides seed funding, mentorship, and business training to catalyze African startups.
2
GET Compass SME Business Grant 2026
💰 Up to ₦2,000,000
Direct cash grant to boost working capital for small businesses.
3
Jerry Eze Foundation Business & Entrepreneurship Grant Program 2026
💰 Up to $300,000
Large-scale funding opportunity for high-impact ventures.
4
DBN Entrepreneurship Training Program 2026
💰 Access up to ₦100,000,000 in grants
Combines training with access to substantial funding for business expansion.
5
Commonwealth Startup Fellowship 2026/2027
💰 Fully funded (bootcamp in Accra, capstone in London)
⏰ September 1, 2026
Offers international exposure, mentorship, and networking to scale startups.
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Funding Trends
Increased availability of grants specifically for Nigerian SMEs, with amounts ranging from ₦250,000 to ₦100 million.
Growing focus on women entrepreneurs and youth-led ventures, as seen in Bloom Grant and Flutterwave x Toke Makinwa Glow Up Grant.
Rise of sector-specific funding, such as cleantech grants from REA and climate resilience scholarships, indicating a shift towards sustainable development.
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Application Tips
Tailor your application to the specific funder's mission and priorities; highlight how your business aligns with their goals.
Prepare a clear, concise business plan with financial projections and measurable impact metrics.
Leverage networks and mentorship programs to strengthen your application and gain insights from past recipients.
The Nigerian funding landscape is vibrant with numerous grants, loans, and capacity-building programs for entrepreneurs and SMEs. Key opportunities like the Tony Elumelu Foundation and DBN provide substantial funding, while specialized grants for women and cleantech are emerging. International fellowships and scholarships also offer avenues for skill development and global exposure. To succeed, applicants must be strategic, well-prepared, and aligned with funder priorities.
Sources
Google News Manufacturing NG
Google News Education NG
Google News NG
Opportunities for Africans
Tony Elumelu Foundation
LSETF
59 grants analyzed
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