Nigerian startups can now apply for SIA Startup Foundry Cohort 2

Nigeria’s entrepreneurial ecosystem is buzzing with innovation, yet many founders face significant challenges, from securing funding to gaining market access. The SIA Foundation is stepping up to bridge this gap with the launch of SIA Startup Foundry Cohort 2, a high-impact initiative designed to equip startups with funding, mentorship, and the tools they need to scale.

Empowering Startups with Grants and Mentorship

The SIA Startup Foundry Cohort 2 is currently open for applications, offering an invaluable opportunity for early-stage businesses to gain a $10,000 grant. This program will select six promising startups after an intensive training process and a final demo pitch day. More than just funding, the initiative provides structured mentorship, training, and a platform for businesses to access growth opportunities.

According to the SIA Foundation, the program aims to address the core challenges entrepreneurs face in Nigeria, including limited financial resources, business development struggles, and access to new markets. By combining capital with expert guidance, the program fosters sustainable growth for startups looking to make a lasting impact.

Who Should Apply?

The SIA Startup Foundry Cohort 2 is ideal for:

• Innovative Nigerian startups looking for seed funding
• Businesses with a scalable business model
• Founders seeking mentorship and market access

Entrepreneurs eager to take their ventures to the next level are encouraged to apply before the February 28, 2025 deadline.

A Call to Action for Founders

For startups that have struggled to find financial backing or the right growth opportunities, the SIA Startup Foundry is a game-changer. With a strong network of mentors and access to funding, this initiative is shaping the future of Nigerian entrepreneurship.

Applications are now open! Interested founders can apply here: https://siafdn.org/startup-foundry/