The Biodun and Ibikunle Foundation’s SEEDINVEST acceleration program supports Nigerian nano, micro, and small businesses through training, mentoring, and grants in the form of assets (equipment/machinery), without providing cash funding. It offers a six-week virtual acceleration program and is open to entrepreneurs aged 22 to 45 who have been running a registered business for at least one year.
The Biodun and Ibikunle Foundation’s SEEDINVEST acceleration program supports Nigerian nano, micro, and small businesses through training, mentoring, and grants in the form of assets (equipment/machinery), without providing cash funding. It offers a six-week virtual acceleration program and is open to entrepreneurs aged 22 to 45 who have been running a registered business for at least one year.
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The SEEDINVEST 2026 Acceleration Program (Biodun and Ibikunle Foundation) is a training opportunity led by the Biodun and Ibikunle Foundation. SEEDINVEST is a virtual accelerator program that helps small Nigerian businesses grow through masterclasses, mentoring, and equipment grants. This SkillReFlex fact sheet outlines key information to help you understand the target audience, funding level, dates, required documents, program limitations, and important considerations before applying. Program Objective - The objective is to build the capacity of Nigerian micro and small businesses and to remove a key barrier to their growth: access to production equipment. Proposed Experience - Selected participants will undergo a six-week virtual acceleration program featuring masterclasses led by experts, after which they may receive grants in the form of assets (equipment/machinery). Funding and Benefits - The support offered is as follows: Grants for assets (equipment or machinery), entrepreneurial training, and consulting services : no cash funding. Key points to note are: Grants for assets (equipment or machinery); Entrepreneurial training and expert masterclasses; Mentoring and consulting services; a six-week, 100% virtual acceleration program; open to all business sectors. When an opportunity combines support, training, prizes, travel, or visibility, it is important to distinguish between what is guaranteed, what depends on the final selection, and what remains the responsibility of the applicant. Target Profile : The program targets Nigerian entrepreneurs aged 22 to 45 who run a nano, micro, or small business registered with the Corporate Affairs Commission (CAC) and operational for at least 12 months, across all sectors. The main criteria to check are: Being between 22 and 45 years old; Running a business registered with the Corporate Affairs Commission (CAC); Having at least 12 months of business activity; Not having previously been a beneficiary of the program. Timeline : The date set for public announcement is July 24, 2026 (date to be confirmed on the official source). Official guidelines: Indicative deadline: July 24, 2026 (to be confirmed on the official source); Virtual acceleration: six weeks. If the official page mentions multiple rounds, countries, categories, or time zones, always confirm the date applicable to your situation before finalizing your application. Application - Recommended procedure: Visit the foundation’s official SEEDINVEST page; Verify your eligibility (age, CAC registration, length of business operation); Complete the official online application form; Submit it before the specified deadline. Documents you’ll need to prepare include: Company information and proof of CAC registration; Proof of business activity for at least 12 months; Personal information about the CEO. Specify which equipment would actually help your business grow. Confirm the exact deadline with the foundation before finalizing your application. Highlight your company’s impact (jobs, production). Keep a copy of every document submitted, use a permanent email address, and note the time zone for the deadline. Important Note: This publication does not replace the official source. Verified details: The 2026 program is confirmed as open (application form active) via the official page on 07/07/2026; Eligibility (aged 22–45, CAC, 12 months) and nature of grants (in-kind, no cash) verified; exact deadline to be reconfirmed on the official source. Apply only via biodunandibikunle.org. The program does not provide cash: be wary of any promise of cash in exchange for payment. Apply only through the official channels listed and refuse any promise of selection in exchange for payment, any request for unlisted fees, or any contact that urges you to bypass the official channel.
Official source
Biodun and Ibikunle Foundation
https://biodunandibikunle.org/seedinvest/
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Verified on July 7, 2026
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SEEDINVEST is a virtual accelerator program that helps small Nigerian businesses grow through masterclasses, mentoring, and equipment grants.
The goal is to build the capacity of Nigerian micro and small businesses and remove a key barrier to their growth: access to production equipment.
Selected participants take part in a six-week virtual acceleration program that includes masterclasses led by experts, after which they may receive grants in the form of assets (equipment/machinery).
Strengths
Funding details: Grants for assets (equipment or machinery), entrepreneurship training, and consulting services : no cash funding.
What the program offers
The program targets Nigerian entrepreneurs aged 22 to 45 who run a nano, micro, or small business registered with the Corporate Affairs Commission (CAC) and that has been operational for at least 12 months, across all sectors.
Criteria to Check
Selected deadline: July 24, 2026 (date to be confirmed on the official source). Proposals with unconfirmed deadlines must be reviewed directly on the applicant portal before submission.
Key Dates
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Documents or information
The procedure below serves as a practical checklist. The official guidelines take precedence if a form adds a specific step or document.
Recommended Steps
These tips translate the official criteria into practical steps for preparation. They do not guarantee selection, but they help you avoid submitting vague or incomplete applications.
To strengthen the case
Best Practices
