Investment in Digital and Creative Enterprises (iDICE) Program for Nigerians

The Investment in Digital and Creative Enterprises Program (iDICE) is a Federal Government of Nigeria initiative promoting investment in digital and creative industries. It is part of Nigeria’s efforts to build back better, greener, and more inclusively,and to create more sustainable jobs for its youthful population.

The $617.7 million program targets Nigerians aged 15 to 35 years who are involved in innovative, early-stage, technology-enabled start-ups or in creative sector micro, small and medium sized enterprises. The program is co-financed by the Federal Government of Nigeria (through the Bank of Industry), African Development Bank (AfDB), the Agence Française de Développement (AFD) and the Islamic Development Bank (IsDB).

iDICE Program Objectives

Youth Development: Harness Nigeria’s youth talent pool (from ages 15 to 35 years) and equip them with tech and creative skills to increase their employability

Entrepreneurship Development: Foster innovation, and support the emergence of more entrepreneurs; supporting their growth and unlocking their potential to create employment.

Policy Framework: Support enactment of enabling regulatory frameworks and policies for new businesses and innovative ventures

Program Components

Skills and Enterprise Development: It aims to equip youth between 15-35 years with tech and creative skills, generate high-potential startups and build a community of developers, software engineers, designers and thought leaders. 

Access To Financing: There  will be a focus on funding and nurturing technology and creative enterprises, including startups and SMEs.

Eligibility Criteria

To be eligible for financing through the iDICE project, entrepreneurs and businesses must meet certain criteria, including being registered and operating in Nigeria, having a viable business plan in the digital and creative industries, and meeting other specific requirements depending on the type of financing being sought.

Application Deadline: Currently Ongoing

Where To Apply: Click here now to get started

Thank you for reading this post, don't forget to subscribe!