Grant
NSIA-Japan $50M Innovation Fund for Nigerian Startups
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About
The NSIA-Japan $50M Innovation Fund is a grant opportunity for Nigerian startups focused on addressing social challenges, offering substantial financial support, technical assistance, and market guidance to help scale impactful solutions.
Benefits
- 💰 Financial Support
- Up to $50 million in funding support from JICA and NSIA
- 🎓 Technical Assistance
- Support for capacity building and technical development
- 📈 Market Guidance
- Guidance on product improvement and market expansion
- 🌐 Networking Opportunities
- Access to networks that can help in scaling and impact assessment
- 🎤 Exposure Opportunities
- Potential visibility through the fund's initiatives and partnerships
Eligibility Criteria
- 🌍 Geographic Eligibility
- Open to Nigerian startups or those operating in Nigeria
- 💼 Business Focus
- Must be focused on high-impact sectors addressing social challenges
- 🏢 Legal Status
- Must be a legally registered company in Nigeria
- 💰 Financial Requirements
- No specific financial criteria mentioned, but must align with the fund's purpose
- 👥 Team Requirements
- No specific team size or composition requirements mentioned
Participation Commitments
- 📍 Monitoring Updates
- Regularly check the NSIA website for application updates and announcements
- 🎤 Application Submission
- Prepare to submit an application once the process is officially announced
Target Region
Nigeria
Target Sector
Social Impact and Innovation
Nigeria Sovereign Investment Authority (NSIA), Japan International Cooperation Agency (JICA)