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Regulatory startup funding

Nigeria Launches iDICE Startup Bridge

Analysis based on 8 articles · First reported Mar 16, 2026 · Last updated Mar 23, 2026

Sentiment
60
Attention
4
Articles
8
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

The launch of the iDICE Startup Bridge Programme by Nigeria is expected to positively impact the country's startup ecosystem by providing crucial early-stage funding and mentorship. This initiative, supported by international development banks, aims to stimulate economic growth and job creation, particularly in the digital and creative sectors, potentially attracting further private investment.

Venture capital Technology Creative industries

Nigeria has launched the iDICE Startup Bridge Programme, a nationwide initiative designed to support aspiring entrepreneurs and early-stage founders across its 36 states and the Federal Capital Territory. Operating under the broader Investment in Digital and Creative Enterprises (iDICE) Programme, it is implemented through the Nigeria===Bank of Industry and financed by the African Development Bank, France===French Development Agency, and the Islamic Development Bank. The programme offers grants of up to N10 million for idea-stage founders and equity investments of $100,000 for startups with minimum viable products. It features a two-track framework: the Founders Lab for idea validation and prototype development, and the Growth Lab for scaling existing products. Vice President Kashim Shettima emphasized the programme's goal to unlock sustainable jobs and economic inclusion for Nigeria's youth. The initiative aims to address the geographic imbalance of venture capital funding in Nigeria and strengthen the early-stage entrepreneurial pipeline.

100 Nigeria launched iDICE Startup Bridge Programme
90 Nigeria===Bank of Industry implemented iDICE Startup Bridge Programme
70 African Development Bank financed iDICE Programme Nigeria
70 France===French Development Agency financed iDICE Programme Nigeria
70 Islamic Development Bank financed iDICE Programme Nigeria
60 Nigeria===Bank of Industry disbursed N636 billion to enterprises
cnt
Nigeria launched the iDICE Startup Bridge Programme to support entrepreneurs and strengthen its startup ecosystem, aiming to address youth unemployment and diversify its economy. This initiative is expected to foster innovation and job creation across the country.
Importance 100 Sentiment 60
govactor
The Nigeria===Bank of Industry is the implementing agency for the iDICE Programme and the iDICE Startup Bridge, playing a crucial role in financing small and medium-sized enterprises. It disbursed a record N636 billion to enterprises in 2025, with N43 billion going to digital and creative sectors.
Importance 90 Sentiment 70
per
Kashim Shettima, Nigeria's Vice President and Chairman of the iDICE Steering Committee, highlighted the programme's vision to unlock sustainable jobs and economic inclusion for Nigeria's youth. He expressed confidence in its ability to reshape early-stage enterprise development.
Importance 80 Sentiment 60
alliance
The African Development Bank is one of the international development finance institutions financing the iDICE Programme, contributing to the overall funding of $617.7 million.
Importance 70 Sentiment 60
govactor
France===French Development Agency is a financier of the iDICE Programme, providing support for Nigeria's digital and creative industries.
Importance 70 Sentiment 60
alliance
The Islamic Development Bank is part of the consortium financing the iDICE Programme, contributing to the initiative's goal of catalysing investment in Nigeria's digital and creative sectors.
Importance 70 Sentiment 60
per
Dr. Olasupo Olusi, Managing Director and CEO of the Nigeria===Bank of Industry, reaffirmed the bank's role in strengthening Nigeria's innovation pipeline through the iDICE Startup Bridge. He noted the bank's record disbursement in 2025.
Importance 70 Sentiment 60
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