iDICE
iDICE programme
◆ Investment Thesis
A fund of funds and a dedicated creative sector fund aimed at revitalising Nigeria’s startup ecosystem and supporting technology and creative industries.
◆ About iDICE programme
The iDICE programme is a Federal Government of Nigeria initiative implemented by the Bank of Industry to promote innovation, entrepreneurship, and job creation in the digital, information technology, and creative industries through catalytic investments and capacity building.[1][3] It provides equity/quasi-equity funding via DICE Funds and non-equity grants/training through programs like Startup Bridge's Founders Lab and Growth Lab, targeting early-stage tech-enabled startups.[1][2][4] Supported by AfDB, AFD, and IsDB with $617.7 million, it aims to upskill youth aged 15-35 and bridge financing gaps in these sectors.[3][4]
◆ Sectors
◆ Stages
◆ Geography Focus
◆ Traits
Leads rounds
◆ FAQ
What does iDICE invest in?
iDICE invests in Creator Economy, Streaming & Media, Enterprise Software and Consumer Apps at the pre-seed and seed stages.
Which geographies does iDICE focus on?
iDICE focuses on Nigeria, and is headquartered in Nigeria.
What is iDICE's typical check size?
iDICE typically writes checks of $0.0M to $0.1M.