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Nigeria Impact Startup Relief Facility (NISRF) 2020 For post-MVP stage high-growth startups

Ventures Platform Hb and Acumen, with support for LoftyInc Allied Partners Limited, are launching the Nigeria Impact Startup Relief Facility (NISRF) to disburse business grants to qualifying post-MVP stage, high-growth startups so they remain resilient through the COVID-19 crisis.

NISRF is designed to support grant applicants whose businesses/activities are either being adversely affected by or modified in response to COVID-19.

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About Nigeria Impact Startup Relief Facility (NISRF)

Nigeria Impact Startup Relief Facility (NISRF) is an emergency facility designed by a consortium of funding partners to disburse grants to a significant number of existing post-MVP stage high-growth startups who create impact so they remain viable during the COVID-19 crisis.


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NISRF Post-MVP Stage High-Growth Startups Programme


Aim and Benefits of NISRF Post-MVP Stage High-Growth Startups Programme

  1. Grant: Business equity-free funding between $5,000 to $20,000
  2. Business Advisory: Get access to a pool of mentors and business experts
  3. Business Continuity: Here’s your chance to continue to create impact and stay afloat.

Requirements for NISRF Post-MVP Stage High-Growth Startups Programme Qualification

In order to qualify for this funding, the following criteria have to be met:

  1. Be a company operating in Nigeria
  2. The company is tackling an urgent social problem
  3. The company is post-MVP, revenue-generating, registered with CAC
  4. Can demonstrate solid financial health prior to the onset of COVID-19 (USD $60K ARR - 12 months period minimum)
  5. The company has already received seed capital
  6. Can demonstrate the scale of impact, or potential for future scale
  7. Fall in any of these sectors: Agriculture, Critical Infrastructure, Financial Services, Health Care, Education, and with initiatives that target the informal sector.
  8. How well you have optimised resources during COVID

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Application Deadline

September 7, 2020


How to Apply

Interested and qualified? Go to Nigeria Impact Startup Relief Facility (NISRF) on venturesplatform.typeform.com to apply

For more details, visit NISRF website



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