Founders Support Initiative (FSI) for Early-Stage Startups (₦3 million Grants)

The Founders Support Initiative (FSI) provides early-stage entrepreneurs with up to ₦3 million in equity-free, non-dilutive grant funding. The program empowers visionaries across Africa through mentorship, practical business training, and ecosystem support, allowing startups to scale sustainably without giving up company ownership

What is it About?

The Founders Support Initiative is a pan-African, merit-based ecosystem created to help turn visionary ideas into scalable businesses. Recognizing that capital and guidance are the biggest barriers for new businesses, FSI helps founders validate their ideas and grow. Selected entrepreneurs participate in structured acceleration cycles that help strengthen business structures, improve financial strategy, and prepare for market execution

Who Should Apply?

The program targets bold, early-stage, and growing business founders with scalable solutions and strong market potential. FSI is an excellent fit for entrepreneurs who:

• Are building sustainable and innovative businesses.
• Have a clear Minimum Viable Product (MVP) or validated business idea.
• Are committed to participating in capacity-building training and mentorship activities.
• Intend to create measurable economic or social impact in their communities.
• Female innovators and tech-enabled startup founders are strongly encouraged to apply.

Program Benefits

Participants in the Founders Support Initiative are provided with comprehensive support to turn their visions into reality:

• Non-Dilutive Funding: Access to grant funding ranging from ₦750,000 to ₦7,500,000 depending on the specific grant category (e.g., Youth Grant, Women in Business, Innovation & Tech).
• Expert Mentorship: Hands-on support and office hours from experienced business leaders.
• Practical Training: Targeted virtual and in-person sessions to refine business and financial models.
• Ecosystem Access: Networking opportunities and a collaborative, builder-focused community.

A Business Plan can help you to secure more funding for scaling your business, learn more about our Business Plan Services

Deadline and Application

• Deadline: Applications for the 2026 Cohort close on July 31, with a review period in August and the cohort officially kicking off in September.
• How to Apply: The application takes roughly 10–15 minutes and requires details about your startup, the problem you are solving, and how the funding will accelerate your growth.

Submit your application directly through the Founders Support Initiative Application Portal.

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