• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 31, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Capital Devt Fund Plans N500m Equity Investment For High-potential Startups

by Olushola Bello
4 months ago
in Business
M86BMX Economic crisis - Stock market graphs and charts - Financial and business background

M86BMX Economic crisis - Stock market graphs and charts - Financial and business background

Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Capital Development Fund (NCDF), in collaboration with the National Board for Technology Incubation and the London School of Social Enterprise and Sustainable Economics, has announced a call for applications for the Fortune Entrepreneur Accelerator, Summit, and Venture Capital Program.

Advertisement

This transformative initiative, culminating in a national summit in Benin City, Edo State in September 2025, aims to identify, develop, and fund Nigeria’s next generation of 1,000 high-potential startups across strategic sectors, including agriculture, energy, fintech, healthcare, manufacturing, creative industries, and climate innovation.

At the core of the programme is the NCDF Opportunity Growth Fund, a dedicated venture capital vehicle that will provide up to N500 million in equity investment to selected startups. The fund aims to generate over $10 billion in long-term value, supporting Nigeria’s goals of wealth creation, youth empowerment, and industrial innovation.

The executive chairman of NCDF, Hareter Oralusi stated, “the Fortune Entrepreneur Programme is more than just a start-up support initiative; it is a national platform designed to build unicorn enterprises that will drive Nigeria’s innovation economy. With the right support and capital, Nigerian entrepreneurs can develop companies that rival the best in the world.”

He added, “highlights of the programme include an eight-week accelerator that offers key benefits for participating startups such as business development, compliance training, and investment readiness support. These benefits are designed to equip startups with the necessary tools and knowledge to succeed and scale their businesses effectively.”

RELATED

Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy

Petroleum Marketers Warn Of Oil Market Structure Disruption

7 hours ago
5 Most Lucrative Businesses In Nigeria For 2024

Naira Sees Slight Improvement In August With Reserves Rising

7 hours ago
ADVERTISEMENT

The Fortune Entrepreneur Summit in Benin City, Edo State, scheduled for September 2025, will feature live startup pitches, exhibitions, masterclasses, and investor engagement, as well as access to venture capital funding and long-term scale-up support from the NCDF Opportunity Growth Fund.


Join Our WhatsApp Channel



Tags: Equities Investments
SendShare10171Tweet6357Share
ADVERTISEMENT
Previous Post

Polaris Bank, NDLEA Strengthen Partnership To Combat Drug Abuse, Trafficking, Money Laundering

Next Post

Aradel Recommits To Sound Environmental Practices, Attains ISO 9001: 2015 Certification

Olushola Bello

Olushola Bello

You May Like

Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy
Business

Petroleum Marketers Warn Of Oil Market Structure Disruption

2025/08/31
5 Most Lucrative Businesses In Nigeria For 2024
Business

Naira Sees Slight Improvement In August With Reserves Rising

2025/08/31
‘What Nigeria Should Do To Advance Gas Sector Growth’
Business

Group Offers Path To In-country Oil & Gas Training

2025/08/31
WiM-Africa Lists Gains, Sets Goals
Business

Women In Mining Firm Up Plan To Resolve Sectoral Challenges

2025/08/31
MTN Allots Incentive Shares, As Trading Opens With N4bn Loss
Business

MTN Nigeria Launches Initiative To Promote Online Safety For Children

2025/08/31
Firm Seeks Stronger Laws, Govt Collaboration To Improve Safety Practices
Business

Firm Seeks Stronger Laws, Govt Collaboration To Improve Safety Practices

2025/08/31
Leadership Conference advertisement

LATEST

Practising Lawyers Must Stand Up Against Harassment — Ozekhome

Police Arrest 2 Suspected Transformer Vandals In Yobe

Smart Ways Parents Can Cope With Rising Fees As Schools Resume

BREAKING: APC Wins 20 LG Chairmanship Seats, PDP Takes 3 In Rivers

Federal Gov’t Unveils New Curricula, Sets New Subject Limits For Schools

IAWPA To Gift Police Flags In All Commands To Mark Int’l Police Cooperation Day

Resumption Showdown: Abbas Admits Reps’ Agitations Valid, Probes Recruitment Of 785 Staff

Raise Boys Right: Teach Them To Respect Girls

Be Fair, Transparent In Your Actions, FG Urges Boards, Mgts of 3 Devt Commissions

US Immigration Arrests Nigerian Convicted Of Rape

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.