Welcome to the Funding Hub

We recognize the difficulties in securing funding, which is why we've curated a comprehensive list of resources to assist you in finding the ideal support for your business. This page will be consistently refreshed to provide the most current grant, debt, and equity financing options tailored for Nigerian businesses spanning diverse sectors.

MBN Trade Fair 2

Funding Options

  1. Grants: Grant funding provides financial support for businesses with a social or environmental impact. These typically don't require repayment but come with specific eligibility criteria.
  2. Debt Financing: Debt financing involves borrowing money from a lender, which you repay with interest over time. This option offers more flexibility in terms of use of funds.
  3. Equity Financing: Equity financing involves selling a share of ownership in your company to investors in exchange for capital. This can provide significant funding but dilutes your ownership stake.

Finding the Right Opportunity

Carefully review the details of each opportunity before applying. Here are some key factors to consider:

  1. Industry Focus: Does the program target your specific industry or sector?
  2. Stage of Development: Is the funding suitable for startups, established businesses, or both?
  3. Funding Amount: Does the program offer the amount you require?
  4. Eligibility Requirements: Ensure your business meets all the criteria, such as location, registration status, and revenue generation.
  5. Application Deadline: Don't miss out! Apply well before the deadline to increase your chances of success.

Disclaimer: MBN is not affiliated with any of the funding programs listed unless otherwise stated.

NSIA Prize for InnovationGrant$220,000March 3, 2024Visit
USAID Development Innovation VenturesGrant$200k - $1.5MRolling BasisVisit
Africa's Business HeroesGrant$100 - $300kMay 19, 2024Visit

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