Young Nigerian founders can now apply for iDICE N10 million startup scheme
By Aboki Forex —
Young Nigerian entrepreneurs looking for funding and mentorship can now apply for the iDICE Startup Bridge programme, an initiative designed to support digital and creative businesses at different stages of growth. The Investment in Digital and Creative Enterprises (iDICE) Scheme offers two distinct pathways for founders: one for idea-stage entrepreneurs and another for startups already building traction and seeking institutional capital.
Two tracks for different startup stages
The first and most important step is determining which iDICE track matches your startup's current stage. The Founders Lab is designed for young founders between the ages of 18 and 35 who are building technology or creative solutions at the idea or early stage. This 12-week virtual programme helps participants develop their business concepts, refine their products, and prepare for market entry. Successful participants may compete for performance-based, non-equity grants of up to ₦10 million.
The Growth Lab is aimed at post-MVP startups that already have a functioning product and are ready to scale. This 12-week hybrid programme focuses on helping businesses attract institutional capital and expand their operations. Unlike the Founders Lab, support under this track comes in the form of equity-based investments.
What you need to apply
Before filling out the online form, applicants should gather all required information and supporting documents to avoid delays during submission. You will need a clear description of the problem your business is solving, information about your target market and customer base, a pitch deck, business plan, or evidence of a prototype or MVP, and details about your team and co-founders if applicable. Having these documents ready in advance will make the application process smoother and improve the quality of your submission.
How to submit your application
Once your materials are prepared, visit the official iDICE Startup Bridge portal and complete the following steps. Create an account using your full name, email address, and phone number. Select the programme track that best fits your startup stage. Carefully fill out the online application form with accurate business information. Upload all required pitch documents and supporting files. Submit your application before the deadline for the current cohort. Applicants are advised to review their entries carefully before submission, as incomplete or inaccurate information may affect their chances of being shortlisted.
After the application window closes, the iDICE team will review all submissions. Shortlisted founders will be contacted via email for further assessment, onboarding, and training. Selected participants will then undergo the 12-week programme, where they will receive mentorship, business development support, and access to funding opportunities tailored to their startup stage.
What this means for Nigerian founders
For young Nigerian founders, the iDICE Startup Bridge programme presents a valuable opportunity to transform innovative ideas into viable businesses and accelerate the growth of promising startups in the digital and creative sectors. The scheme adds to a growing list of government-backed initiatives, as the Federal Government earlier unveiled a credit scheme targeting young Nigerian entrepreneurs with plans to reach more than 500,000 beneficiaries through loans of up to N2 million each under the YOUTHCRED for Entrepreneurs initiative.