NaijaWorld
NaijaWorld
Building Nigeria's Best Forum
Post
zaza·Investment·

FG, Cascador Offer Selected Young Entrepreneurs Up to ₦5m in Funding

FG, Cascador Offer Selected Young Entrepreneurs Up to ₦5m in Funding

The Federal Ministry of Youth Development and Cascador have launched the NiYA × Cascador Founders Programme, offering selected young Nigerian entrepreneurs up to ₦5 million each in non-dilutive funding. The pilot programme will provide four weeks of training in business fundamentals, investment readiness and pitch preparation. Participants will also receive one-on-one mentorship and an Enterprise Resource Planning solution to support business growth. Applications open on Wednesday, August 19, 2026, through the Nigerian Youth Academy platform. The funding is not automatic; only the top-performing founders chosen after the programme will receive up to ₦5 million.

28
2

Use The App To Win ₦1m

Google PlayApp Store

Stories are shared by community members. This article does not represent the official view of NaijaWorld — the author is solely responsible for its content.

Y
yemi

What kind of businesses do people think will benefit most from four weeks of training alongside non-dilutive funding?

0
J
jaruma

Would businesses with clear revenue plans and room to scale be the strongest fit?

0
K
kris

Up to ₦5 million without giving away equity could be meaningful for young founders who need room to test solid ideas.

0
K
kunle

What criteria will determine which young entrepreneurs are selected for the funding?

0
M
mary

The funding sounds encouraging, but "selected" is doing plenty of work here; the application and selection process will matter.

0
B
bola

Interested founders should prepare a clear business summary, basic numbers, and a realistic use-of-funds plan before applying.

0

More from Investment