FG launches iDICE programme to fund Nigerian startups
The Federal Government of Nigeria has launched the iDICE Startup Bridge, a nationwide initiative aimed at supporting aspiring entrepreneurs and early-stage tech founders across the country. The programme is set to back more than 500 start-ups through structured training, grants, and equity investment, according to a statement on Tuesday. Operating under the Investment in Digital […]
FG Launches iDICE Program for Startup Funding in Nigeria
The Federal Government has officially moved to solidify Nigeria’s position as Africa’s leading tech hub with the launch of the iDICE Startup Bridge, a nationwide initiative set to provide a structured lifeline to over 500 technology entrepreneurs. This ambitious programme offers a strategic mix of intensive training, multi-million naira grants, and six-figure equity investments to […]
BOI, MTN launch N1bn fund for women entrepreneurs
The Bank of Industry and the MTN Foundation have unveiled a N1bn matching fund to empower female entrepreneurs, with a focus on providing equipment financing to help 200 women scale their businesses. The fund was launched at the official unveiling of the BOI–MTN Foundation Y’ellopreneur 3.0 Matching Fund held in Lagos on Tuesday. Chairman of […]
NADDC Plans Nnewi Automotive Park to Reduce Vehicle Imports
The National Automotive Design and Development Council has unveiled plans to establish a major Automotive Development Park in Nnewi, Anambra State, in a renewed push to close longstanding gaps in Nigeria’s automobile industry and reduce dependence on imports. Director-General of the Council, Oluwemimo Osanipin, disclosed this on Tuesday in Abuja while highlighting key initiatives under […]
BOI & Plateau Govt sign N4bn industrial support deal
The Bank of Industry and the Plateau State Government have officially signed a Memorandum of Understanding for a N4bn matching fund in a strategic move to catalyse industrial growth and provide a lifeline to small businesses. The agreement, according to a statement, was signed on Wednesday and aims to provide affordable, long-term financing to Micro, […]
BOI & GEN Nigeria Deepen Support for MSMEs in Nigeria
The Global Entrepreneurship Network Nigeria and the Bank of Industry have reaffirmed their commitment to strengthening collaboration aimed at expanding opportunities for Micro, Small and Medium Enterprises across the country. The renewed partnership formed the focus of a courtesy visit by GEN Nigeria to the Bank of Industry, where the delegation congratulated Mr Oluwatoyin Edu […]
NSDC & BOI Launch N10bn Sugar Projects Fund in Nigeria
The National Sugar Development Council and the Bank of Industry have established the Sugar Project Acceleration Fund as part of efforts to support the emergence and advancement of greenfield projects across the country. The N10bn fund was introduced to provide financing and project development support to viable greenfield projects, with the aim of accelerating the […]