The Nigerian Capital Development Fund (NCDF), in partnership with the National Board for Technology Incubation and the London School of Social Enterprise and Sustainable Economics, has announced the launch of the 2025 Fortune Entrepreneur Accelerator, Summit, and Venture Capital Programme.
The initiative aims to identify and support 1,000 high-potential Nigerian startups and SMEs operating in key sectors including agriculture, energy, fintech, healthcare, manufacturing, the creative economy, and climate innovation. It will culminate in a national summit scheduled for September 2025 in Benin City, Edo State.
At the heart of the programme is the NCDF Opportunity Growth Fund, which offers equity funding of up to ₦50 million to selected businesses. The fund is designed to unlock over $10 billion in long-term value, while driving youth empowerment, job creation, and industrial growth.
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According to Hareter Babatunde Oralusi, Executive Chairman of NCDF, the programme is not just about startup support, but about building globally competitive enterprises that can power Nigeria's innovation-driven economy.
The eight-week accelerator will provide participants with hands-on business development, regulatory compliance training, and investor readiness support. Finalists will pitch to investors and exhibit their solutions at the Fortune Entrepreneur Summit.
Eligible applicants must be Nigerian entrepreneurs aged 18 to 45, running businesses at the idea, MVP, or early growth stage. The programme particularly welcomes women-led, youth-driven, and tech-enabled enterprises with strong social and economic impact. The participation fee is ₦50,000.
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