About this opportunity
Applications are now open for the SEEDINVEST Acceleration Program 2026 , a flagship entrepreneurship initiative by the Biodun and Ibikunle Foundation (BIF) designed to empower Nigerian nano, micro, and small businesses with entrepreneurial training, mentorship, advisory services, and asset grants worth up to ₦5 million . The programme aims to help promising entrepreneurs build sustainable and scalable businesses.
Benefits and support
Selected participants will receive: Opportunity to receive asset grants worth up to ₦5 million (business equipment and machinery) Expert-led entrepreneurial training Business mentorship from experienced entrepreneurs Advisory and business support services Networking opportunities with fellow entrepreneurs Practical strategies to grow and scale their businesses. Note: The programme provides asset grants , not cash grants.
Successful beneficiaries receive business equipment or machinery to support business growth.
Eligibility
Applicants must: Be Nigerian entrepreneurs Own a registered business with the Corporate Affairs Commission (CAC) Have operated the business for at least one year Be between 22 and 45 years old Have a business account with a commercial bank Possess a valid Tax Identification Number (TIN) Have a verifiable business address Provide relevant product certifications where applicable.
Programme Structure
Shortlisted applicants will participate in a 6-week online acceleration programme , which includes: Virtual masterclasses Business development training Mentorship sessions Advisory support Assessment for asset grant awards. Eligible Businesses The programme is sector-agnostic , meaning entrepreneurs from all industries are encouraged to apply, provided they meet the
Eligibility
Why This Matters Many Nigerian SMEs struggle to access the equipment, mentorship, and business support needed to scale. The SEEDINVEST Acceleration Program addresses these challenges by combining practical entrepreneurship training with asset-based funding, helping businesses increase productivity, create jobs, and contribute to Nigeria’s economic growth.
Application timeline
Applications are expected to remain open until July 24, 2026 or until the application window closes. Applicants are encouraged to apply early.
Application steps
Interested entrepreneurs can learn more and submit their applications through the official programme portal: Apply Now
Sources and verification
Important disclaimer
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