The Federal Government of Nigeria’s $617.7 million Investment in Digital and Creative Enterprises (iDICE) programme is open for 2026, offering funding opportunities for creatives and founders aged 15 to 35.
iDICE is supported by financing from the African Development Bank Group (AfDB), Islamic Development Bank (IsDB), and the French Development Agency (AFD), with the state-owned Bank of Industry (BOI) serving as co-investor and implementing agency.
The initiative has moved into an expansion phase following a formal launch chaired by Vice President Kashim Shettima.
It is targeting more than 100 startups across the six geopolitical zones, with a focus on technology and creative industries.
For photographers, filmmakers, animators and tech founders, the main entry point is the Startup Bridge accelerator.
The programme includes a Founders Lab, a 12-week training designed for early-stage entrepreneurs, offering mentorship and preparation for investment.
There is also a Growth Lab for startups that already have a product. Participants may access up to $100,000 in equity investment, with additional matching funds of up to $125,000.
Funding under the programme is structured through a fund model managed by private investors.
In the technology sector, Ventures Platform has been appointed to manage investments and has already secured $64 million in its first round.
For the creative sector, the Bank of Industry is in the process of appointing a fund manager to oversee investments in film, fashion and music businesses.
To qualify, applicants must be between 15 and 35 years old and run a registered business in either the technology or creative sector. Companies are required to be registered with the Corporate Affairs Commission.
The Bank of Industry has invited expressions of interest for the creative sector fund manager role, with a deadline of May 11, 2026.
Creatives are advised to monitor updates from the Bank of Industry, as the appointed manager will begin receiving funding proposals after the selection process is completed.
