Nigeria Impact Startup Relief Facility calls application for Grant Program.

Nigeria Impact Startup Relief Facility is helping Early-Stage Impact Startups Survive the COVID-19 Crisis. NISRF is an emergency facility designed by a consortium of funding partners to disburse grants to a significant number of existing post-MVP stage high-growth startups who create an impact so they remain viable during the COVID-19 crisis. NISRF is designed to support grant applicants whose businesses/activities are either being adversely affected or modified in response to COVID-19.

Benefits of Nigeria Impact Startup Relief

• Grant: Business equity-free funding between $5,000 to $20,000.
• Business Advisory: Get access to a pool of mentors and business experts.
• Business Continuity: Here’s your chance to continue to create impact and stay afloat.

Selection Criteria

In order to qualify for this funding, the following criteria have to be met:

• Be a company operating in Nigeria.
• The company is tackling an urgent social problem.
• The company is post-MVP, revenue-generating, registered with CAC.
• Can demonstrate solid financial health prior to the onset of COVID-19 (USD $60K ARR – 12 months period minimum).
• The company has already received seed capital.
• Can demonstrate the scale of impact, or potential for future scale.
• Fall in any of these sectors: Agriculture, Critical Infrastructure, Financial Services, Health
• Care, Education, and initiatives that target the informal sector.
• How well you have optimized resources during COVID.

Apply Now