About this opportunity
## Overview Pennington Promise Capital Limited is a Nigerian investment firm with a rolling seed funding intake open through 2026. There is no cohort calendar and no closing date to race against.
You fill in the application form, and the firm reviews it as an investment in a company that is already showing traction. ## What you get Seed capital for an early stage startup.
The firm describes what it backs as investment in companies with proven traction and scalable business models that are accelerating the digital economy across key sectors in Africa. The money is meant to help you scale operations, deepen market penetration and strengthen your team.
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Eligibility
Founders of early stage African startups with a live product and traction data to show for it. The form asks about your product, your market, your traction metrics, your revenue model, your team and your funding requirements, so have those numbers ready before you start.
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Application timeline
Rolling. The form is titled SEED FUNDING APPLICATIONS 2026 and stays open, and the form itself states that completing it takes about 15 minutes.
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Application steps
Open the application form and complete every field on product, market, traction metrics, revenue model, team and funding requirements, then submit. Data you provide is handled under the Nigeria Data Protection Act 2023.
What you receive
- Seed capital for an early stage startup
- Investment from a Nigerian firm focused on companies accelerating the digital economy across key sectors in Africa
- Funding directed at scaling operations, deepening market penetration and strengthening teams
Who can apply
- Founders of early stage African startups
- A live product
- Traction data to present in the application
How to apply
- Open the SEED FUNDING APPLICATIONS 2026 form
- Provide details on your product, market, traction metrics, revenue model, team and funding requirements
- Submit the form, the firm states it takes about 15 minutes to complete
Sources and verification
- Official source , Discovered by the opportunity automation module.
Questions applicants ask
Is there a closing date?
No fixed date is published. The intake is described as rolling and the form stays open through 2026.
What does the application ask for?
Your product, market, traction metrics, revenue model, team and funding requirements. The form states it takes about 15 minutes.
Important disclaimer
Nextali researches and curates useful opportunities to make discovery easier. Before applying, verify every timeline, requirement, fee and application link on the official provider website. Do your own research into the organisation, its background and the authenticity of the offer. Nextali does not guarantee selection, funding or the conduct of third party providers.

