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FG opens ₦5m initiative for young entrepreneurs — How to Apply
FG Announces ₦5m Funding Opportunity for Young Nigerian Entrepreneurs
The Federal Government has announced a new opportunity for young Nigerian entrepreneurs to access up to ₦5 million in non-dilutive funding through the NiYA × Cascador Founders Programme.
The initiative is a partnership between the Nigerian Youth Academy (NiYA) under the Federal Ministry of Youth Development and Cascador.
Programme Summary
| Category | Details |
|---|---|
| Programme | NiYA × Cascador Founders Programme |
| Target | Young Nigerian entrepreneurs |
| Funding | Up to ₦5 million |
| Funding Type | Non-dilutive |
| Programme Duration | 4 weeks |
| Application Opens | 19 August 2026 |
| Organisers | Nigerian Youth Academy (NiYA) and Cascador |
What Selected Entrepreneurs Will Receive
Selected founders will undergo an intensive four-week programme covering:
• Business fundamentals
• Investment readiness
• Pitch preparation
• One-on-one mentorship
At the end of the programme, top-performing founders will receive up to ₦5 million each in non-dilutive funding.
Beneficiaries will also receive an Enterprise Resource Planning (ERP) solution to help them structure, manage and scale their businesses.
Who Can Apply?
The programme is designed for:
• Young Nigerian entrepreneurs
• Early-stage founders
• Business owners seeking investment readiness and business growth opportunities
How to Apply
Applications open on Wednesday, 19 August 2026.
Interested applicants should visit:
Applicants are advised to check the platform for:
• Eligibility requirements
• Application guidelines
• Required documents
• Submission procedures
Important Notice
The ₦5 million funding is not guaranteed for every applicant.
Only top-performing founders selected through the programme will receive the funding.
Application opens: 19 August 2026.
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FG opens ₦5m initiative for young entrepreneurs — How to Apply
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