![[Apply] Vice President’s Office Offers Equity Free Capital to Startups in Southeast and Northcentral](https://tkcdn.tekedia.com/wp-content/uploads/2018/04/06172414/VP-Paystack-768x360.png "[Apply] Vice President’s Office Offers Equity Free Capital to Startups in Southeast and Northcentral")
This is a good opportunity to get support for your startup and business if you operate in South East and North Central. The deadline is May 5 2018. It is the Office of the Vice President that is coordinating this.
Startup Nigeria is an intervention of the National Social Investment Program (NSIP) under the Office of the Vice President of the Federal Republic of Nigeria as part of the program to support private sector innovation hubs for the strategic increase of entrepreneurial and technological capacity across Nigeria.
It is a 3 month incubation program designed to help Nigerians with great innovative ideas – create viable products, go to market and gain traction.
The program will provide training, mentorship and equity free funding to selected startups, with a specially curated curriculum designed specifically to help idea and early stage entrepreneurs find their footing and grow in Nigeria’s socio-economic terrain. Startup Nigeria gives founders the needed leverage to excel.
Other startups that don’t get accepted into the incubation program will also be able to access support in business model generation, customer acquisition and other business engineering skills – from Startup Nigeria representatives located in every state in the North Central and South Eastern zones of the country.
North Central
Any Individual or start up who has an idea or a solution in Agriculture and Governance as it affects the North-Central Region or the nation as a whole. Your state of residence or startup must be located in any one of these states; FCT, Benue, Plateau, Kwara, Kogi, Nasarawa or Niger.
South East
Any Individual or start up who has an idea or a solution in Commerce or Fintech as it affects the South-Eastern Region or the nation as a whole.Your state of residence or startup must be located in any one of these states;Enugu, Imo, Anambra, Abia or Ebonyi
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IDEA STAGE APPLICATION
If you are still at the idea stage of your product, you can apply to participate in the Startup Nigeria Hackathon from which you get a chance to qualify for incubation
EARLY STAGE APPLICATION
If you have a startup with an MVP that falls into the listed sectors you can apply directly for incubation
Deadline – APPLY 7 APRIL – 5 MAY 2018
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Thanks for this,
but why is it only for those 2 regions?
what about the other four regions in the country?
and this is coming from the office of the vice president.
well it looks as though something is amiss here.
King
kingdmj2000@gmail.com
I do not work for VP but I provided this to someone on LinkedIn.
Govt started feeding school kids from one region and moved to others. There is nothing wrong if they pilot from SE and NC. Money is money and it belongs to Nigeria. Provided the recipient uses it to provide jobs, that works. We need to allow govt to do its job. This is commendable if you look at it. The greatest shame will be if NO one applies
Reply so apt! Definitely, If Mr.Eze and Mr. Adamu gets hold of this and run with it as envisaged by the proponents of this scheme, it will definitely have a multiplying effect on the Nation as a whole! Thank you Dr., for bringing this to bare on the LinkedIn page, I never knew about it!
Good development, it’s interesting to hear that government at last is leaning towards the yearnings of local entrepreneurs. I have joined others in advocating for this type of support for our entrepreneurs instead of spending millions in dollars to send people on pilgrimages to Isreal and Saudi Arabia, government should replicate the efforts of people like Tony Elumelu, who dedicates large financial resources to build entrepreneurs and dare them to succeed.
Yes Colif – they need to expand this massively and get capital into SMEs since banks do not help that much. This is commendable.
Great initiative… just like many other great initiatives
But I sure do hope that this momentum is maintained and it’s not abandoned like many other of such FG programs.
#electionisaroundthecorner
Good initiative but am worried, why ideas on Agriculture and Governance alone, shouldn’t startups in other viable sectors of our economy such as entertainment, education and ICT apply too? Secondly, what is the minimum or maximum amount accessible based on project design?
Thank you sir for the opportunity to know about these scheme. It will sure have an impact in the zones.
Awesome – we need people to apply.
I have tried severally to submit my application, but it just wouldn’t go. Been in this since two days now
Great ideas and initiative but why is Lagos state not part
Thanks so much for sharing this.
Thanks for sharing.
Please apply or share with those that qualify. We need WINS for Nigerian youth. This could help someone launch a mission
I try to submit several times, but keep on telling me skill or market needed which I have filled, what would I do so I can submit my application
I have emailed the Office through a private contact that people are having issues on this
Wel I have registered and waiting for fulfillment of it .
Good luck
Am finding it difficult to submit my application. Why? Pls reply me
It is not only you – we think it is a global problem. They have contacted the VP Office to extend the deadline since the forms are not working