Organizations Offering Grants Opportunities to Support Entrepreneurs, Check out and Apply.

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Several organizations offer grant opportunities to support entrepreneurs in Nigeria. Here are some notable programs:

1. Tony Elumelu Foundation Entrepreneurship Programme (TEEP): TEEP provides $5,000 in seed funding, along with business training and mentorship, to African entrepreneurs annually. It's open to startups less than three years old across all industries. Applications are typically accepted from January to March. For more information and to apply, visit the Tony elumelu Application website

2. U.S. African Development Foundation (USADF): USADF offers grants of up to $250,000 directly to underserved community enterprises in Africa. These grants aim to promote economic development by investing in African-owned businesses. To learn more and apply, visit the USADF Application Page . 

3. FATE Foundation: FATE Foundation provides small business grants to entrepreneurs who have graduated from their Aspiring Entrepreneurs Programme (AEP Digital). Grants range from ₦200,000 to ₦1,000,000, awarded based on business viability, growth, digital marketing efforts, job creation, and innovation. For details, visit the Fate Foundation Application Website


4. Lagos State Employment Trust Fund (LSETF): Established by the Lagos State Government, LSETF supports entrepreneurs in Lagos by providing funding, mentorship, and capacity-building initiatives. Funding of up to ₦5 million is available, depending on the business stage and industry. Applications are accepted throughout the year. For more information, visit the LSETF Portal . 

5. African Business Heroes (ABH): Backed by the Jack Ma Foundation, ABH identifies and supports exceptional African entrepreneurs through a competition format. The top 10 finalists share a $1.5 million grant prize each year. Beyond funding, ABH provides mentorship, global recognition, and networking opportunities. To apply, visit the African Business Hero Website

6. YouWin! Connect Nigeria: YouWin! is a youth development scheme established to empower Nigerian youth by providing grants to small business owners. Winners receive up to ₦10 million, paid in installments, subject to adherence to their submitted business plans. For more information, visit the Youwin Application Portal

7. Bank of Industry (BOI) Youth Entrepreneurship Support (YES) Programme: BOI’s YES program addresses youth unemployment by equipping young Nigerians with skills and funding opportunities to start their businesses. Funding of up to ₦10 million is available with flexible loan terms and low interest rates. Applications are accepted year-round via the Boi Website . 

8. Mastercard Foundation Agribusiness Fund: This fund supports SMEs working in agriculture and related industries, emphasizing sustainable practices and digital innovation. Funding amounts vary. For more information, visit the Mastercard Foundation Website . 

9. Startup Nigeria: Startup Nigeria provides access to investment seed funds, grants, loans, tools, resources, tax incentives, and capacity-building programs for startups. For more information, visit the Startup Nigeria Website . 

10. African Women Innovation & Entrepreneurship Forum (AWIEF): AWIEF offers a growth accelerator program for female entrepreneurs in Nigeria, providing funding, business development training, and networking opportunities. Grants typically range from $10,000 to $25,000. Applications are open on the Awief website


Please note that application periods and eligibility criteria may vary for each program. It's advisable to visit the respective websites for the most current information and application guidelines.


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