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The Founder Institute is offering tech founders in Nigeria the opportunity to participate in its accelerator program for free. It’s doing this in collaboration with Sterling Bank. Persons who the accelerator accepts will be part of its Lagos Fall 2022 program.

Read more about Opportunities
This initiative is targeted at people who run a pre-seed stage startup or have an innovative idea that they could build into a successful venture. The Founder Institute will select the best applicants and award them a fellowship in its Lagos chapter.

Startups that gain entry into the accelerator will join a global community of over 15,000 mentors and alumni. They will get help to build traction, secure funding, and receive technical support that will enable them to scale.


Participants will receive these benefits:

  • Get up to $1,000 in program scholarships

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  • Have the chance to pitch their idea to leading startup experts
  • Get the support they will need to gain increased access to target markets, build their tech infrastructure, and strengthen their legal core
  • Join and get help from a robust community of mentors and alumni


This program is open to:

  • Tech and tech-driven startups in the pre-seed stage (they may be single founders or teams)

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  • They may be at the Minimum Viable Product (MVP) or prototype stage, or even an idea with some promise
  • Founders may either be working on their startup full-time or part-time

Applications will remain open until June 30, 2022.

If you would like to apply for the Founder Institute Sterling Bank Fellowship, click here.

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This article was first published on 17th June 2022


Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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