Biodun and Ibikunle Foundation N1 Million Grant for Small Businesses in Nigeria - Campus News
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Biodun and Ibikunle Foundation N1 Million Grant for Small Businesses in Nigeria


Are you a small business owner in Nigeria trying to grow your business and make more impact in your community? Do you need funding, training, and support to take your business to the next level? Then you should not miss this golden opportunity!

The Biodun and Ibikunle Foundation Grant 2025 is here to help small and micro-businesses like yours succeed. The foundation is giving selected entrepreneurs up to N1 million in asset grants, 2 months of business training, and mentorship through their SEEDINVEST Acceleration Programme.

In this article, we will explain everything you need to know about this grant – who can apply, what the benefits are, and how to send your application step-by-step. Everything is written in very simple words so that even someone new to business can understand.

🔍 What is the Biodun and Ibikunle Foundation Grant?

The Biodun and Ibikunle Foundation Grant is a support program for Nigerian small businesses. It offers funding, training, and expert advice to help businesses grow and succeed.

The grant is part of a bigger program called the SEEDINVEST Acceleration Programme, which is run by the foundation. SEEDINVEST is created to help serious entrepreneurs who want to build businesses that last and create jobs in Nigeria.

Many small businesses in Nigeria struggle because they don’t have money, training, or the right support. The foundation understands this problem and wants to help solve it by supporting the best small business owners.

📌 Summary of the Biodun and Ibikunle Foundation Grant 2025

Details Information
Host Biodun and Ibikunle Foundation
Program Name SEEDINVEST Acceleration Programme
Eligible Country Nigeria
Type of Support Grant, Training, Mentorship
Grant Amount Up to ₦1,000,000 in Assets
Other Benefits 2 Months of Training + Business Advisory
Application Deadline July 27, 2025
Language or IELTS Requirement No IELTS Required
Application Method Online

🌱 Why This Grant Matters

Entrepreneurship is one of the strongest ways to fight poverty and unemployment. Small businesses give people jobs, grow the economy, and improve lives.

However, in Nigeria, many small businesses close down too soon because of lack of funding, poor training, or no support. The Biodun and Ibikunle Foundation believes in changing this story.

By giving small businesses money (grants), teaching them how to run better businesses (training), and offering guidance (mentorship), the foundation wants to build strong businesses that will grow and last for generations.

✅ Who Can Apply? – Eligibility Requirements

Before applying, you must make sure you are qualified. These are the requirements you need to meet:

✔ Business Registration

Your business must be registered with the Corporate Affairs Commission (CAC).

✔ Age of Business

Your business must be running for at least 6 months.

✔ 5-Year Business Plan

You must have a written plan that explains how your business will grow in the next 5 years.

✔ Business Bank Account

You must have a business account with any commercial bank in Nigeria.

✔ Tax Identification Number (TIN)

You must have a TIN from the tax office.

✔ Product Certification (If Needed)

If your business sells food, cosmetics, or other regulated items, you must have certification from NAFDAC, SON, or any required agency.

✔ Verifiable Business Address

Your business must have a real physical location that can be visited.

If you meet these conditions, you are eligible to apply!

🎁 What Do You Get If Selected?

Selected applicants will enjoy the following benefits:

💰 1 Million Naira Asset Grant

You will receive up to ₦1,000,000 as an asset grant. This means the money may be used to buy tools, equipment, or materials your business needs (not cash-in-hand).

📘 2-Month Acceleration Training

You will join a 2-month intensive training where you will learn about:

  • Business planning

  • Marketing and sales

  • Customer relationship

  • Financial management

  • Digital tools for business

  • And more!

👨‍🏫 Mentorship and Business Advisory

You will be connected to business experts and mentors who will help you grow your business and avoid common mistakes.

📝 How to Apply – Step-by-Step Guide

Here’s how you can apply for the Biodun and Ibikunle Foundation Grant 2025 in simple steps:

Step 1: Visit the Application Portal

Click on the APPLY HERE link to open the official application page.

Step 2: Fill the Online Form

Fill in all the required details like your:

  • Full name

  • Business name

  • CAC registration number

  • Type of business

  • Years of operation

  • Business account number

  • Tax Identification Number (TIN)

  • Business plan upload

Step 3: Upload Required Documents

Make sure you have the following documents ready:

  • CAC certificate

  • Business plan (5 years)

  • TIN document

  • Any certifications (NAFDAC, SON) if required

  • Utility bill showing your business address

Step 4: Submit Before Deadline

Make sure you submit your application before July 27, 2025. Late entries will not be accepted.

💡 Pro Tips to Make Your Application Stand Out

Here are some important tips to improve your chances of being selected:

  • Have a strong business plan: Show clearly how your business will grow and make an impact.

  • Explain how the grant will help: Don’t just say you need money. Say what you will use it for (e.g., buying a machine, packaging tools, etc.).

  • Show impact: Talk about how your business is already helping your community or creating jobs.

  • Be clear and honest: Use simple words and avoid copying other people’s answers.

  • Apply early: Don’t wait until the last day!

❓Frequently Asked Questions (FAQs)

1. Is this a loan I have to pay back?

No, it is a grant, not a loan. You don’t have to pay it back.

2. Do I need to speak English fluently or write IELTS?

No IELTS or special language test is required.

3. Is this program only for people in Lagos?

No. It is open to people in all parts of Nigeria.

4. How do I know if I’m selected?

If selected, you will be contacted by the foundation through email or phone. So make sure you give correct contact details.

🚀 Final Thoughts

If you are a serious business owner in Nigeria who wants to grow, this is your chance. The Biodun and Ibikunle Foundation is offering not just money, but the knowledge and support you need to make your business last.

This program is free to apply for, and it could be the turning point your business needs.

So don’t wait! Start your application today and give your business the chance to grow with funding, training, and mentorship.

👉 Apply Here before the July 27, 2025 deadline!

Join the group to get the latest updates and firsthand scholarship information.

Samuel Afolayan (Sirmilo)
About the Author

Samuel Afolayan (Sirmilo)

Adeyemi Samuel Afolayan, also known as Sirmilö, is a prominent Nigerian campus reporter, publicist, and entrepreneur who writes for the education-focused news site CampusInfo. He shares updates on student life, school events, examinations like JAMB, WAEC, NECO, university admissions, sports, and general campus news .

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