The portal will facilitate the labelling of Nigerian tups and the registration of Venture Capitalists, Angel Investors, Accelerators, Incubators & Innovation Hubs (A.I.I.), and Civil Society Organisations involved in advancement of Technology and Innovation.
About the Nigeria Startup Act
The Nigeria Startup Act 2022 provides incentives, structures and programmes for Nigerian startups to catalyse growth, create value and build a foundation to export tech-enabled services. The Act also creates the National Council for Digital Innovation and Entrepreneurship whose primary mandate is to align national policies for the development of startups and establish programmes to support tech-enabled startups in Nigeria.
Features of Startup Support and Engagement Portal
Registration of A.I.I. and Labeling of Startups
Identifying structured and quality support for high-impact and scalable startups
Startup Engagement and Support
Providing startups with valuable knowledge and information resources for growth and success
Tax and Fiscal Incentives
The Act offers a range of incentives to encourage both local and foreign investors to invest in a Nigerian startup
Financing and Fund Management
Ensuring access to financial resources and effective fund management for startups
Ecosystem Engagement and Support
Building a robust support structure for the startup ecosystem to grow and thrive
Collaboration and Linkage with Government
Fostering partnerships and connections with relevant government agencies to advance startup initiatives
Benefit of StartUp
Achieving a startup label comes with a myriad of advantages that can significantly bolster the growth and success of emerging businesses. From financial incentives to strategic support, here are the key benefits:
- Access to the startup investment seed fund, grants, loans etc.
- Access to tools and resources
- Tax and fiscal incentives for Startups and Investors
- Capacity building programs and trainings
- Participation in regulatory sandboxes
- Ecosystem engagement and support infrastructure
- Collaborations and linkages with relevant MDAs as it relates to a startup
