FG Launches Startup Nigeria To Aid Agribusiness

The Federal Government has launched Startup Nigeria, a three-month incubation program designed to aid local entrepreneurs with great innovative ideas to produce viable products, go to Market and gain traction.

Startup Nigeria is an intervention of the National Social Investment Program (NSIP) under the Office of the Vice President within this system to aid private sector innovation hubs for the strategic increase of entrepreneurial and technological capacity across Nigeria.

The programme is targeted at any individual/ start-up by having an idea or even a solution in agriculture and governance in the North-Central region and commerce/FinTech in the South-Eastern region. It will give  training, mentorship and equity free funding to selected startups, with a specially curated curriculum designed specifically to greatly 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.

The curriculum is made to help idea and early-stage entrepreneurs find their footing and grow within Nigeria’s ultra-competitive socio-economic terrain.

Final deadline for application for the programme, which covers training, mentorship and equity-free funding to selected start-ups in two geo-political zones of the united states, is 5 May.

The zones cover 12 states including FCT targeting 20 start-ups across four sectors. The states are FCT, Benue, Plateau, Kwara, Kogi, Nasarawa, Niger, Enugu, Imo, Anambra, Abia and Ebonyi.

Start-ups that lose out on being selected for the incubation programme can still access support in business design generation, customer acquisition and other business engineering skills from Startup Nigeria representatives. Those at the theory stage also can connect and take part in a hackathon that can secure them entry in to the incubation programme, while people that have MVP – Minimum Viable Product – in listed sectors can apply directly.