The Federal Government of Nigeria, through the Investment in Digital and Creative Enterprises (iDICE) Programme implemented by the Bank of Industry (BoI), has officially opened applications for the iDICE Startup Bridge Growth Lab. This 12-week accelerator programme offers up to $350,000 (approximately N482.4 million) in funding for promising Nigerian technology startups.
Programme Overview and Selection
According to a statement from the programme organisers, 12 startups from across Nigeria's six geopolitical zones will be selected. Participants will receive business development support, mentorship from seasoned founders and industry experts, investment-readiness training, and introductions to active investors.
The Growth Lab is the second stage of the iDICE Startup Bridge pathway. The first stage, the Founders Lab, targets early-stage entrepreneurs validating their business concepts. The Growth Lab picks up where that ends, focusing on startups that have built a minimum viable product (MVP) and are ready to scale.
Eligibility Criteria
To be eligible, a startup must be technology-enabled and have operated for no more than 12 months. The startup must be at the post-MVP stage and demonstrate evidence of market validation through customers, users, pilots, partnerships, waitlists, or similar demand indicators. Founders must reside in any of Nigeria's six geopolitical zones and be able to participate fully in the hybrid accelerator programme.
Benefits for Selected Startups
Successful startups will receive up to $100,000 in cash investment (or naira equivalent) for 7.5% equity, subject to programme terms. Additionally, they can access up to $250,000 in follow-on investment based on growth milestones. The programme includes a 12-week accelerator combining virtual learning and physical sessions in Lagos, mentorship from industry experts and experienced founders, investment-readiness training, and market expansion support with access to strategic business networks.
Application Process and Deadline
Applications opened on July 15, 2026, and will close on August 19, 2026. The organisers encouraged female technology entrepreneurs to apply, stating that all successful participants will be selected through a transparent, merit-based evaluation process.
Related Government Initiatives
Earlier, the Nigerian government announced MarketMoni and TraderMoni programmes, which provide market women, small-scale traders, and artisans with access to zero-interest loans of up to N100,000. These programmes offer zero collateral, a 3-month moratorium before repayment, and nationwide coverage across all six geopolitical zones.
