SIA Foundation Startup Foundry Cohort 3 | $10,000 Seed Funding
Applications are officially open for Startup Foundry Cohort 3, a high-impact incubation programme by the SIA Foundation designed to empower early-stage Nigerian entrepreneurs with funding, mentorship, expert-led training, and strategic growth support.
- This initiative is built to nurture scalable, innovation-driven businesses while strengthening Nigeria’s rapidly expanding entrepreneurial ecosystem.
Eligibility criteria
Scalability and growth potential.
Business should show high growth potential as evidenced by the submission of the following documents:
- Snapshot of customer feedback/ testimonials and reviews (proof or links can be shared).
- Submission of a Business Plan which includes detailed financial projections
- A 3-month statement for the business account /founders account showing transactions related to the business
Market Potential
- Validation will be derived from the business plan summary - market size, industry trends, target market and competitive analysis.
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.
Uniqueness of the business idea
Business Tenure
- The business must be operational for 1-2 years
Founder’s Age
Founder’s age must be between 20- 35 years
- Focus areas –Technology-enabled business in; healthcare, education , agriculture, light manufacturing, renewable energy, and recycling.
Application Process
Online Application
Support documents required;
- Regulatory ID Card
- Business Plan
- Bank Statement for the last 3 months.
Optional but gives the candidate an advantage
Reference Letter
- Media reports, recognition or awards
- Customer feedback or testimonials
Video Interviews:
- Pitch Video submission
- Programme Modalities
- 4 weeks online training
- Mandatory attendance at Demo day in Lagos
- Programme to commence Q1 2026
Deadline: 13 March 2026
How to Apply
Interested applicant can apply via this link
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