Call for Applications: Biodun and Ibikunle Foundation SEEDINVEST Acceleration Program 2026 | Up to ₦5 Million in Asset Grants
Applications are now open for the SEEDINVEST Acceleration Program 2026, the flagship entrepreneurship initiative of the Biodun and Ibikunle Foundation (BIF). The programme is designed to empower Nigerian nano, micro, and small businesses through world-class entrepreneurial training, mentorship, business advisory services, and asset grants worth up to ₦5 million.
The initiative aims to equip promising entrepreneurs with the knowledge, tools, and resources needed to build sustainable, competitive, and scalable businesses.
Programme Benefits
Successful applicants will receive:
- Opportunity to receive business asset grants worth up to ₦5 million (equipment and machinery).
- Expert-led entrepreneurship and business management training.
- One-on-one mentorship from experienced entrepreneurs and industry experts.
- Professional business advisory and support services.
- Networking opportunities with other entrepreneurs and business leaders.
- Practical strategies for business growth, expansion, and sustainability.
Important: The programme provides asset grants—not cash grants. Beneficiaries will receive business equipment or machinery to support the growth of their enterprises.
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To be eligible, applicants must:
- Be a Nigerian entrepreneur.
- Own a business registered with the Corporate Affairs Commission (CAC).
- Have operated the business for at least one year.
- Be between 22 and 45 years of age.
- Operate a business account with a commercial bank.
- Possess a valid Tax Identification Number (TIN).
- Have a verifiable business address.
- Provide relevant product certifications where applicable.
Programme Structure
Shortlisted applicants will participate in a six-week virtual acceleration programme, which includes:
- Interactive online masterclasses.
- Business development and entrepreneurship training.
- Mentorship sessions with experienced business leaders.
- Advisory and business support services.
- Assessment for the award of business asset grants.
Eligible Businesses
The SEEDINVEST Acceleration Program is sector-agnostic, meaning entrepreneurs from all industries and business sectors are encouraged to apply, provided they satisfy the programme’s eligibility requirements.
Why You Should Apply
Many Nigerian small and medium-sized enterprises (SMEs) face challenges accessing quality business equipment, mentorship, and technical support needed for growth.
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The SEEDINVEST Acceleration Program addresses these gaps by combining practical entrepreneurial training with asset-based funding, enabling businesses to increase productivity, create employment opportunities, and contribute to Nigeria’s economic development.
Application Deadline
Applications are expected to remain open until 24 July 2026, or until the application portal closes. Interested entrepreneurs are encouraged to submit their applications as early as possible to improve their chances of selection.