The Federal Government has officially launched the iDICE Startup Bridge, a nationwide initiative aimed at solidifying Nigeria’s position as Africa’s leading tech hub. The programme is set to support over 500 technology entrepreneurs across all 36 states and the Federal Capital Territory.
Operating under the broader Investment in Digital and Creative Enterprises (iDICE) programme, this initiative combines intensive training, multi-million naira grants, and six-figure equity investments. It is funded by the African Development Bank, Agence Française de Développement, and the Islamic Development Bank, with the Bank of Industry serving as the primary implementing agency.
The initiative is divided into two streams:
Founders Lab – a twelve-week incubator for idea-stage ventures, offering N10,000,000 grants to 100 high-performing participants annually.
Growth Lab – designed for start-ups with market traction, providing $100,000 equity investments to scale operations.
Vice President Kashim Shettima, Chairman of the iDICE Steering Committee, said, “iDICE was created to unlock sustainable jobs and economic inclusion for Nigeria’s youthful population. This programme gives young entrepreneurs a real opportunity to build or scale.”
Bank of Industry Managing Director, Dr. Olasupo Olusi, highlighted the financial backing behind the initiative, noting that the bank achieved a record N636bn disbursement to enterprises in 2025, with N43bn dedicated to the creative and digital sectors.
Cindy Ezerioha, Head of Founders Lab, explained, “Founders Lab is a bridge that connects potential to proof and proof to capital. Each cohort will support 125 aspiring entrepreneurs, helping turn innovative ideas into validated business models.”
The iDICE Startup Bridge is poised to transform Nigeria’s tech ecosystem by addressing early-stage capital gaps and providing a structured pathway from concept to market-ready businesses.
