NCDF opens applications for 2025 Fortuna Entrepreneur Accel … Theconclaveng

[Press Release] The Nigerian capital development fund, NCDF, in collaboration with the National Board for Technology Incubation and the London School of Social Enterprise and Sustainable Economics has officially announced the request for applications for the accelerator of the entrepreneur Fortune, Summit & Venture Capital Program.

This transformative initiative, scheduled to culminate in a national summit in the city of Benin, in the state of Edo in September 2025, is designed to identify, develop and finance the next generation of the Nigeria of 1,000 high potential startups in strategic sectors such as agriculture, energy, Fintech, health, production, creative industries and climatic innovation.

At the center of the program is the growth fund of the NCDF opportunities, a vehicle dedicated to the risk capital that provides up to ₦ 50 million investment investments in selected startups. The fund aims to generate over $ 10 billion of long -term value, in support of the objectives of the Nigeria of the creation of wealth, the empowerment of young people and industrial innovation.

“The program for the entrepreneur Fortune is more than a support initiative for start-up: it is a national platform for building unicorn companies that will guide the economy of Nigeria innovation. With the right support and the capital, Nigerian entrepreneurs can build companies that compete with the best of the world”, the executive president of NCDF, Hareter Babaude explained Orami.

The salient points of the program include:

● The 8 -week accelerator program offers several key advantages for participating startups:

● From your document: 1. Business development: the program provides complete support for business development to help startups perfect their business models, strategies and operations. 2 3

● These advantages are designed to provide startups with the tools and knowledge necessary to be successful and resize their activities effectively.

The summit of the Fortune entrepreneur in Benin City, in the state of Edo (September 2025), with live startup shots, exhibitions, masterclasses and involvement of investors.

Access to the financing of risk capital and long -term support from the NCDF opportunities growth fund.

Participation commission: ₦ 50,000

Admissibility criteria:

Nigerian entrepreneurs aged between 18 and 45

Startups at the idea, MVP or growth phase

Companies led by women, led by young people and qualified for technology

Strong potential for social and economic impact.

E-firm

Capo Tajudeen Kareem, executive director, public sector, NCDF

April 20, 2025

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