iDICE Launches Growth Lab for Nigerian Startups

iDICE has announced the opening of applications for its Growth Lab, which is a 12-week accelerator program designed to support high-potential Nigerian startups. The program will select 12 tech-enabled startups from six geopolitical zones in Nigeria, focusing on intensive growth support and investment readiness.

Selected startups will receive training and access to industry experts, preparing them for external investment opportunities. A statement from the organization indicated that the program represents the next stage of the iDICE Startup Bridge initiative.

Founders selected for the program will gain access to structured growth support and a potential cash investment of $100,000, equivalent to 7.5% equity upon entering the program. Additionally, there is a possibility of a follow-on investment of $250,000 if certain growth conditions are met.