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FG Launches Start-up Nigeria

Chike Onwuegbuchi1 May 20180 Comments
FG Launches Start-up Nigeria
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The federal government has launched Startup Nigeria, a three-month incubation program designed to support local entrepreneurs to create viable products, go to the market and gain traction. The…

The federal government has launched Startup Nigeria, a three-month incubation program designed to support local entrepreneurs to create viable products, go to the market and gain traction.

The programme is aimed at any individual/ start-up with an idea or a solution in agriculture and governance (the North-Central region) and commerce/FinTech (the South-Eastern region)

The curriculum is designed 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 country, is 5 May.

The zones cover 12 states targeting 20 start-ups across four sectors.

Start-ups that miss out on being selected for the incubation programme can still access support in a business model generation, customer acquisition, and other business engineering skills from StartupNigeria.

Those at the idea stage can also apply to participate in a hackathon that could secure them entry into the incubation programme, while those with MVP - Minimum Viable Product - in listed sectors can apply directly.

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Chike Onwuegbuchi

Trained and practicing journalist passionate about telecommunications, fintech, cybersecurity, and digital economy reporting.

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