SIA Foundation Start Up Foundary 2026 (With up to $10,000 in Funding)

Get latest opportunities sent your Inbox

---

Join our Telegram Channel Follow us on WhatsApp

About SIA Foundation Start Up Foundary

SIA Foundation’s Startup Foundry is poised to transform 50 businesses in 6 months. They offer financing, mentorship, skill training, and networking opportunities to drive business challenges and amplify Nigeria’s entrepreneurial vibrancy.

• Sponsor Organisation: SIA Foundation

Benefits of SIA Foundation Start Up Foundary

• Seed Fund – Six exceptional businesses will benefit from our $10,000 seed capital. The allocation is as follows: First Prize: $3,000, Second Prize: two businesses $2,000 each and three additional awards: $1,000 each
• 50 entrepreneurs to partake in a World-class training.
• Mentorship – Navigate your startup journey with insights from industry maestros.
• Connect & Conquer – Network, learn, and grow with the best in the business.
• Legal & Admin Toolkit- Participants will have access to legal and administrative support to navigate the complex regulatory landscape and access product development support. 
• Community- Join a tribe of entrepreneurs that you can share, collaborate, and evolve with.

SIA Foundation Start Up Foundary Requirements

1. Scalability and growth potential : Business should show high growth potential as evidenced by the submission of the following documents:

a. Snapshot of customer feedback/ testimonials and reviews (proof or links can be shared). 

b. Submission of a Business Plan which includes detailed financial projections

c. A 3-month statement for the business account /founders account showing transactions related to the business

2. Market Potential: Validation will be derived from the business plan summary – market size, industry trends, target market and competitive analysis. 

3. Founder’s Track Record: To be evaluated through Resumes, Reference Letters and if available, media reports, awards or other recognition, which will be submitted as part of support documents.

4. Uniqueness of the business idea 

5. Business Tenure: The business must be operational for 1-2 years 

6. Founder’s Age: Founder’s age must be between 20- 35 years 

 

Application Date and Process

• Click on the link to the application website to apply.

Opportunity Application

View details of SIA Foundation Start Up Foundary

Apply for SIA Foundation Start Up Foundary