How to Apply Nigeria Startup Empowerment 2023 (Business owner and Non Business owner)

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How to Apply Nigeria Startup Empowerment 2023 | The Federal Government of Nigeria has open portal to empower business owners who have registered their business from Cooperate Affairs Commission (CAC) with financial support to expand their business. Are you own any business? If yes, The Nigerian Start-Up Act is your ticket to a world of advantages and opportunities. We’re here to guide you through this exciting journey of entrepreneurship, innovation, and growth, Apply Nigeria Startup Empowerment 2023 to get financial support from Government. Requirement and how to apply, Read through.

If you do not have the opportunity to register your company click here or You might be interested to know the Federal Government approves grants on a daily basis  below are the guideline.

The federal government in support to eradicate poverty in Nigeria Startup Fund payment to all Micro, Small and Medium sized Enterprises (MSME).

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The Nigeria Startup Act 2022 provides incentives, structures and programmes for Nigerian startups to catalyse growth, create value and build a foundation to export tech-enabled services. The Act also creates the National Council for Digital Innovation and Entrepreneurship whose primary mandate is to align national policies for the development of startups and establish programmes to support tech-enabled startups in Nigeria.

Nigeria Startup Act:

  • Establishes the  National Council for Digital Innovation and Entrepreneurship (The Council), with representation from  relevant Ministries and Agencies of the Federal Government as well as the Nigerian Startup Ecosystem,  to  support complementary policy-making and approve programmes for the development of startups in Nigeria
  • Set up a consultative forum for Nigerian ecosystem stakeholders to engage and present proposals to ‘The Council’ on policies and ideas to develop the Nigerian Startup Ecosystem
  • Provide for the Startup Investment Seed Fund  which will be managed by the Nigerian Sovereign Investment Authority (NSIA). to support pipeline development and improve access to seed capital for tech-enabled startups
  • Simplifies registrations and access to government services through the Startup Support and Engagement Portal
  • Introduces several incentives to improve the viability of startups and facilitate investment in Nigerian startups

 Benefits of getting a Startup Label

  • Access to the startup investment seed fund, grants, loans etc.
  • Access to tools and resources
  • Tax and fiscal incentives for Startups and Investors
  • Capacity building programs and trainings
  • Participation in regulatory sandboxes
  • Ecosystem engagement and support infrastructure
  • Collaborations and linkages with relevant MDAs as it relates to a startup

Eligibility:

  • The businesses must be registered in the Corporate Affairs Commission (CAC),
  • Must be owned by a Nigerian and
  • Must have a minimum of two staff

How to Apply Nigeria Startup Empowerment 2023

Interested business owners who meet the requirement are by invited Click Here 

For more Grant registration and requirement Click here 

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