Read more about Opportunities
Founders and startups selected as part of this program will receive the tools they need to scale and achieve product-market fit. They will also get to access partnership opportunities and stand a good chance of receiving additional funding from investors.
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Benefits
This program offers the following benefits to startups:- 10 finalists will receive various prizes
- The top 3 will receive funds in a mix 75:25 mix of equity and cash in exchange for a stake in their company
- The top 10 finalists will take part in an all-expenses-paid trip to a 5-week training at a top university in Silicon Valley, where they will also get a chance to pitch to angel investors and achieve global exposure
- Be mentored and equipped with the tools they need to scale
- Connected to a community of forward-thinking founders and innovative startups
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Eligibility
The NSIA Prize for Innovation is open to startups that meet these criteria:- At least one of the founders must be a Nigerian citizen
- Applicants should be at least 18 years old
- They should be running innovative tech-enabled or tech-focused startups
- Must have been in operation for not less than 6 months, and have a presence in Nigeria
- Should be looking to raise seed fund
- Must have developed a Minimum Viable Product (MVP)
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