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Seed Grants
SME Loans
Women Entrepreneurs
Education & Scholarships
Conservation & Social Impact
1
Tony Elumelu Foundation (TEF) Entrepreneurship Programme
💰 $5,000 seed capital (non-refundable)
Flagship pan-African programme providing funding, mentorship, and business training to catalyse job creation and economic growth.
2
BOI FGN MSME Intervention Program
💰 Not specified (low-interest loans)
Government-backed initiative offering accessible financing to boost the backbone of Nigeria's economy.
3
Mastercard Foundation AfOx Scholarship Programme 2027/2028
💰 Fully funded MBA at University of Oxford
⏰ 6 January 2027
Prestigious scholarship creating future African leaders with world-class business education.
4
Jerry Eze Foundation Business & Entrepreneurship Grant Program 2026
💰 Up to $300,000
High-value grant opportunity to scale impactful businesses in Nigeria.
5
DBN Entrepreneurship Training Program 2026
💰 Access up to ₦100 Million in grants
Combines capacity building with substantial funding access, empowering MSMEs for growth.
📊
Funding Trends
Increased focus on women and youth entrepreneurship with dedicated grants and accelerators.
Government and development banks (BOI, DBN, AfDB) are injecting large-scale funding into MSMEs.
Growing trend of private foundations and corporates offering high-value grants (up to $300,000) to Nigerian startups.
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Application Tips
Tailor your application to the specific funder's mission and demonstrate clear social or economic impact.
Prepare a solid business plan with financial projections and a clear use of funds.
Leverage networks and seek mentorship to strengthen your proposal and increase credibility.
The Nigerian funding landscape is vibrant, with a mix of government-backed loans, private foundation grants, and international scholarships. Opportunities range from seed capital for early-stage startups to large-scale funding for scaling MSMEs. There is a strong emphasis on women, youth, and social impact, alongside a push for education and skills development. Entrepreneurs should act quickly on deadlines and tailor applications to each funder's priorities to maximise success.
Sources
LSETF
Google News Manufacturing NG
Google News Education NG
Tony Elumelu Foundation
Opportunities for Africans
Google News NG
BOI Nigeria
59 grants analyzed
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