Starting a business in Nigeria comes with its own set of challenges, particularly when it comes to funding. However, numerous free grants are available to support entrepreneurs, helping them turn their business dreams into reality. As we look into 2025, we will outline five top grants that Nigerian entrepreneurs can apply for and provide tips on improving your approval chances.
ScaleUp Business Pitch Challenge (Bet9ja Foundation)
The ScaleUp Business Pitch Challenge by the Bet9ja Foundation is an annual grant competition designed to support early-stage Nigerian businesses with financial aid, mentorship, and networking opportunities. The program aims to drive economic development by helping small businesses scale and thrive. In the words of the program’s organizers, it is “designed to turn your business dreams into a reality.” The ScaleUp Business Pitch Challenge exemplifies the kind of initiative that can provide a substantial boost to young, innovative businesses. For instance, a local tech startup that specialized in mobile payment …