Apply Now: FG Opens Applications for iDICE Growth Lab, Offers Nigerian Tech Startups Access to Up to $350,000 in Funding

The Federal Government has opened applications for the iDICE Growth Lab, a new accelerator program designed to help high-potential Nigerian technology startups scale their businesses, attract investment, and expand into new markets.

The initiative offers eligible startups access to up to $350,000 in investment support, alongside mentorship, business advisory services, investor connections, and growth-focused training aimed at strengthening Nigeria’s innovation ecosystem.

The programme is part of the Investment in Digital and Creative Enterprises (iDICE) initiative, a government-backed effort to accelerate the growth of digital and creative businesses while creating jobs and expanding economic opportunities for young Nigerians.

Supporting Nigeria’s Innovation Economy

Technology startups continue to play an increasingly important role in driving innovation, solving local challenges, and creating employment opportunities across Nigeria.

From fintech and health technology to agriculture, education, logistics, and climate innovation, startups are helping reshape industries while contributing to economic growth.

The iDICE Growth Lab has been established to support founders who have demonstrated traction and are ready to move into the next phase of business growth by providing access to investment, strategic guidance, and networks that can accelerate their expansion.

The programme also seeks to strengthen Nigeria’s position as one of Africa’s leading innovation hubs by supporting entrepreneurs with the resources needed to build sustainable businesses.

Funding Opportunities for Selected Startups

Successful startups accepted into the programme will receive intensive business acceleration support and become eligible for investment opportunities of up to $350,000.

The funding structure includes an initial investment for qualifying startups entering the programme, while additional follow-on funding may be available to ventures that achieve agreed growth milestones during the accelerator.

Beyond financial support, participating startups will benefit from mentorship by experienced entrepreneurs, investors, and industry experts who will provide guidance on business development, fundraising, market expansion, and organisational growth.

The programme is also expected to connect founders with local and international investors, increasing their chances of securing additional capital after completing the accelerator.

Who Can Apply?

Applications are open to Nigerian technology startups that have developed innovative solutions and are positioned for growth.

While startups from various sectors are encouraged to apply, preference is expected to be given to ventures with scalable business models, demonstrated market traction, and the potential to generate significant economic and social impact.

Founders should be prepared to demonstrate the viability of their products or services, customer adoption, and their readiness to scale operations.

Applicants are encouraged to review the programme guidelines carefully to confirm their eligibility before submitting an application.

Building Businesses That Create Jobs

One of the primary objectives of the iDICE Growth Lab is to support startups that can create sustainable employment opportunities across Nigeria.

As businesses grow, they often require larger teams, expand into new markets, and develop products and services that stimulate broader economic activity.

By supporting innovative enterprises during their growth stage, the programme aims to contribute to job creation while strengthening Nigeria’s digital economy.

The initiative also reflects the growing recognition that technology entrepreneurship can serve as a powerful driver of inclusive economic development, particularly among young people.

Strengthening Nigeria’s Startup Ecosystem

Access to funding remains one of the biggest challenges facing startups in Nigeria.

Many early-stage companies struggle to secure the investment needed to develop products, hire skilled professionals, and scale their operations.

Programmes such as the iDICE Growth Lab help bridge this gap by combining capital with mentorship, technical support, and investor engagement.

This holistic approach improves the chances of long-term business success while encouraging innovation that addresses real-world challenges.

The initiative is also expected to foster stronger collaboration between entrepreneurs, investors, development partners, and government institutions working to advance Nigeria’s innovation landscape.

Advancing Sustainable Economic Development

Supporting startups goes beyond financing individual businesses. It contributes to broader national development by encouraging innovation, increasing productivity, and creating solutions that improve everyday life.

Successful technology companies often generate employment directly while also supporting suppliers, service providers, and other businesses within the wider economy.

As Nigeria continues to diversify its economy, investment in digital entrepreneurship will remain essential for driving competitiveness and long-term growth.

The iDICE Growth Lab aligns with these national priorities by providing promising startups with the support needed to transform innovative ideas into sustainable enterprises.

How to Apply

Interested startups are encouraged to complete their applications through the official iDICE Growth Lab application portal before the submission deadline.

Applicants should ensure they provide accurate business information and all required documentation as part of the application process.

The programme presents a valuable opportunity for Nigerian entrepreneurs seeking investment, mentorship, and strategic support to accelerate the growth of their businesses.

Programme Highlights

• Investment opportunity of up to $350,000 for eligible startups.
• Access to mentorship from experienced entrepreneurs and investors.
• Business acceleration and growth support.
• Investor networking opportunities.
• Capacity-building and strategic advisory services.
• Designed for high-growth Nigerian technology startups.

By investing in innovation-driven businesses, the iDICE Growth Lab is expected to strengthen Nigeria’s entrepreneurial ecosystem, stimulate job creation, and contribute to sustainable economic development through technology and enterprise.