How to apply for FG startup support

Marcus Amudipe
Marcus Amudipe

 

 

 

 

The Federal government has inaugurated the Startup Support and Engagement Portal, a pivotal component essential for executing the Nigeria Startup Act.

This announcement was made by the Minister of Communications Innovation and Digital Economy, Bosun Tijani, via his X account on Wednesday.

He wrote, “The startup portal will drive the identification and aggregation of Nigerian startups, venture capital companies, hubs and innovation centres in order to facilitate engagement and support for ecosystem players.”

“The launch of the portal will allow us initiate the process of setting up the startup consultative forums to select representatives to the National Council for Digital Innovation and Entrepreneurship, in order to facilitate discourse and consensus among Nigerian ecosystem players.”

Also, he extended an invitation to all Nigerian startups, venture capital firms, hubs, and innovation centers to register on the platform.

Below is the registration process for startups:

 

Visit http://startup.gov.ng

 

Scroll down the page to reveal the options for Startups, Angel Investors, Venture Capitalists or Accelerators, Innovation Hubs & Incubators.

 

Select Startups

 

Criteria to enroll:

 

Be a limited liability company registered under the Companies and Allied Matters Act (CAMA).

 

Be a company existing for less than 10 years from the date of incorporation.

 

Have objects that are focused on innovation, development, production, improvement, and commercialization of a digital technology innovative product or process.

 

Be a holder or repository of a product or process of digital technology or the owner or author of a registered software.

 

Have at least one-third of local shareholding held by one or more Nigerians as founder or co-founder of the startup.

 

Satisfy the conditions set out in the Act, in the case of a sole proprietorship or partnership.

 

Be a tech-enabled business that uses existing tools, platforms, libraries, and frameworks to make a company or a solution more efficient or effective.

 

Enter the following details:

 

RC Number (Unique CAC identification number)

Company Name

Year of Incorporation

Industry (type)

Media

Start Up description

Company Email

Company Address

Company website

Founder’s Full Name

First Name + Last Name

Founder’s Email Address

Founder’s Phone Number

Founder’s means of Identification (BVN or NIN)

 

Then Submit


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