Grants for skills and entrepreneurship remain one of the most practical ways Nigerians can build businesses, gain employable skills, and access startup support ahead of 2026. While many programmes exist in name, only a limited number are verifiably active or officially rolling into 2026. Below are 9 major grants and grant-style funding opportunities Nigerians can apply for, covering youth, women, students, and early-stage entrepreneurs.
1. Youth Economic Intervention and De-Radicalization Programme (YEIDEP)
The Youth Economic Intervention and De-Radicalization Programme grant is a Federal Government initiative designed to support youth entrepreneurship while addressing unemployment and social instability. The programme provides business grants alongside training and mentorship to help young Nigerians start or grow small enterprises.
The current application window is YEIDEP Batch B, which is open. The programme targets Nigerians aged 18 to 35 who have valid NIN and BVN and either an existing business or a workable business idea. Beneficiaries are expected to participate in enterprise training and capacity-building activities.
Applications are completed online through the official portal at yeidep.org.
2. Student Venture Capital Grant (S-VCG)
The Student Venture Capital Grant is a Federal Government programme under the Ministry of Education. It provides equity-free funding of up to ₦50 million for student-led ventures with scalable innovations.
The grant focuses on helping students transform ideas into commercially viable businesses, particularly in STEMM-related fields.
Eligible applicants are full-time students in accredited Nigerian tertiary institutions, usually in 300 level and above, working individually or in teams.
S-VCG applications are submitted through svcg.education.gov.ng.
3. Nigeria for Women Project (NFWP)
The Nigeria for Women Project is a partnership between the Federal Government of Nigeria and the World Bank. It aims to improve women’s livelihoods through economic inclusion, skills development, and access to group-based enterprise support.
The programme operates through Women Affinity Groups and targets women aged 18 and above who are economically active, particularly in rural and semi-urban communities. Support includes training, savings facilitation, and income-generating opportunities rather than a single lump-sum grant.
Grant registration and programme intake are handled via https://nfwp.gov.ng. Here is a full NFWP grant application guide.
4. Conditional Grant Scheme (CGS) – SMEDAN
The Conditional Grant Scheme is implemented by SMEDAN to support nano and micro enterprises across Nigeria. It typically provides grants of about ₦50,000 to small business owners at the local government level.
The scheme focuses on job creation and sustainability, with beneficiaries often required to demonstrate the ability to employ at least one person. The programme runs on a rolling basis depending on local implementation.
Updates and application guidance are available at smedan.gov.ng.
5. FGN-ALAT Digital Skillnovation Programme
The FGN-ALAT Digital Skillnovation Programme is a Federal Government partnership with Wema Bank. It supports Nigerian youth and MSMEs through digital skills training, business incubation, and access to grant opportunities.
The programme targets early-stage startups and entrepreneurs in sectors such as agriculture, logistics, retail, clean energy, and technology. Applicants must have scalable ideas or businesses and be willing to undergo training and incubation.
Applications are managed through https://fg-skillnovation.alat.ng.
6. Tony Elumelu Foundation Entrepreneurship Programme
The Tony Elumelu Foundation Entrepreneurship Programme is one of Africa’s most prominent entrepreneurship funding programmes. It provides business training, mentorship, and seed capital of $5,000 to selected entrepreneurs, including Nigerians.
The programme is open to Africans with either business ideas or existing businesses and runs annually. Applicants are assessed based on feasibility, impact, and scalability. Applications are submitted through www.tonyelumelufoundation.org.
7. Deji Alli ARM Young Talent Award (DAAYTA) 2026
The Deji Alli ARM Young Talent Award supports young Nigerian entrepreneurs with innovative business ideas. The award offers up to ₦12 million in funding alongside business education, mentorship, and acceleration.
Eligible applicants are Nigerians between 18 and 35 with a registered company and a minimum viable product. The 2026 edition is open, with applications running into January 2026.
Details and application access are available via ARM’s official website at https://www.arm.com.ng.
8. SME Mall Women in Business Grant
The SME Mall Women in Business Grant focuses on supporting women-owned businesses through funding and business development support. The grant targets early-stage and growing enterprises seeking capital and mentorship.
Applicants must be women entrepreneurs operating registered businesses in Nigeria. The programme is periodically opened based on SME Mall’s funding cycles.
Information and application updates are published at https://thesmemall.com.
9. SMEDAN ₦5 Billion Student Entrepreneurs Grant
The SMEDAN ₦5 Billion Student Entrepreneurs Grant is a Federal Government-announced initiative aimed at promoting entrepreneurship among students. It supports student-led businesses through funding and structured enterprise development.
The programme targets students with viable business plans and growth potential. While rollout is ongoing, application updates and guidelines are expected through SMEDAN’s official channels.
Applicants are advised to monitor https://smedan.gov.ng for official instructions and portal announcements. Nigeria Startup News also provided a full application guide for SMEDAN student entrepreneurship grant.
