Empowering Nigerian Entrepreneurs with ₦5 Million in Asset Grants, Training, and Mentorship
The Biodun and Ibikunle Foundation (BIF) has officially opened applications for its flagship SEEDINVEST Acceleration Program 2026. Designed specifically for Nigerian nano, micro, and small businesses, this initiative provides selected entrepreneurs with the training, advisory services, and equipment needed to build sustainable and scalable enterprises.
Important Note: This program awards asset grants (business equipment and machinery) rather than cash grants, directly supporting operational growth and productivity.
Program Benefits
Selected participants will gain access to:
- Asset Grants: Up to ₦5 million worth of essential business equipment or machinery.
- Expert Training: Comprehensive, expert-led entrepreneurial development.
- Mentorship: One-on-one guidance from experienced business leaders.
- Business Advisory: Professional support services and growth strategies.
- Networking: Opportunities to connect and collaborate with fellow entrepreneurs.
Eligibility Criteria
To be considered for the program, applicants must meet the following requirements:
- Nationality: Must be a Nigerian entrepreneur.
- Age Demographics: Between 22 and 45 years old.
- Business Registration: Must own a business registered with the Corporate Affairs Commission (CAC).
- Operational History: The business must have been active for at least one year.
- Financials & Taxes: Must possess a valid Tax Identification Number (TIN) and a corporate bank account with a commercial bank.
- Verification: Must have a verifiable physical business address and relevant product certifications (if applicable).
- Sector: The program is sector-agnostic; businesses from all industries are eligible to apply.
Program Structure & Timeline
The initiative features a 6-week online acceleration program consisting of:
- Virtual masterclasses and business development training
- Dedicated mentorship and advisory sessions
- Final assessment for the selection of asset grant beneficiaries
- Application Deadline: July 24, 2026 (or until the application window closes). Early application is highly encouraged.
How to Apply
Review the complete guidelines and submit your application directly through the official platform:
Enjoying this article? Share it with your network!
https://biodunandibikunle.org/seedinvest/
Disclaimer
Edfrica shares opportunities for informational purposes only. Results and funding outcomes are not guaranteed.
