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Seed Grants
SME Loans & Financing
Entrepreneurship Training & Incubation
Women Entrepreneurs
Education & Scholarships
1
Tony Elumelu Foundation (TEF) Entrepreneurship Programme
💰 Up to $5,000 seed capital
It is one of the most prestigious and largest seed funding programmes for African startups.
2
GET Compass SME Business Grant 2026
💰 Up to ₦2,000,000
Provides substantial funding to help SMEs scale operations.
3
Jerry Eze Foundation Business & Entrepreneurship Grant Program 2026
💰 Up to $300,000
Offers a significant grant amount that can transform a business.
4
DBN Entrepreneurship Training Program 2026
💰 Access up to ₦100,000,000 in loans
Combines training with access to large-scale financing.
5
Bloom Grant 2026 for Women Entrepreneurs
💰 Up to $1,000
Specifically supports women-led businesses, addressing gender gap in funding.
📊
Funding Trends
Increased focus on women entrepreneurs with dedicated grants and programmes.
Growing availability of large-scale financing facilities (e.g., AfDB $200M to Bank of Industry) for MSMEs.
Rise of accelerator and incubation programmes offering both funding and mentorship.
📝
Application Tips
Ensure your business plan is clear, with specific financial projections and growth potential.
Tailor your application to the specific grant's objectives and eligibility criteria.
Leverage social proof: include testimonials, partnerships, or traction to strengthen your application.
The Nigerian funding landscape is vibrant with numerous grants, loans, and training programmes for entrepreneurs and SMEs. Key opportunities include the Tony Elumelu Foundation, GET Compass, and Jerry Eze Foundation, offering substantial seed capital. There is a growing emphasis on women entrepreneurs and large-scale financing facilities. To succeed, entrepreneurs should craft compelling applications that highlight their business viability and impact.
Sources
Google News Manufacturing NG
Google News Education NG
Google News NG
Opportunities for Africans
Tony Elumelu Foundation
LSETF
58 grants analyzed
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