FMYD NiYA Cascador Founders Program 2026: Up to ₦40 Million Funding

Published: August 22, 2026;4 min read;By SW Team

The Federal Ministry of Youth Development in partnership Cascador is calling on Nigerian youth to participate in the NiYA Cascador Programme.

The NiYA Cascador Founders Program is a structured 4-week program focused on business development, investment readiness, pitch preparation and mentorship, with ₦40 million funding.

The programme is targeted at young Nigerian founders build investment-ready businesses.

If you are looking to benefit from this invaluable program, explore the full details below.

Host:  FMYD NiYA × Cascador Founders
Host Country: Africa || Nigeria
Category: Grants || Trainings
Benefits: Full Sponsorship • Business Development• Mentorship •  ₦40 million Funding
Eligibility: Business Founders from Nigeria
Deadline: August 24, 2026

The NiYA × Cascador Founders Programme is a strategic partnership between the Federal Ministry of Youth Development, Cascador and Sapphital, designed to support young Nigerian entrepreneurs through a structured 4-week journey focused on business development, investment readiness, pitch preparation and mentorship. The pilot will select 20 founders, with the 8 top-performing founders eligible to receive up to ₦5 million each in non-dilutive funding from Cascador, alongside an ERP solution to support business growth.

Objectives

The NiYA × Cascador Founders Programme aims to strengthen the pathway for young Nigerian entrepreneurs from business development to investment readiness and access to capital.

The programme will equip early-stage founders with practical business knowledge, investment-readiness skills, pitch preparation and mentorship, while creating opportunities for top-performing founders to access non-dilutive funding and business management support.

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  • 20 young Nigerian founders complete an intensive four-week business development programme.
  • Participants strengthen their business fundamentals and investment readiness.
  • Participants develop stronger and more effective business pitches.
  • Founders receive mentorship and practical guidance to support business growth.
  • 8 top-performing founders receive up to ₦5 million each in non-dilutive funding from Cascador.
  • Funding recipients receive an ERP solution to support business structure, management and growth.
  • Participants gain stronger pathways to future entrepreneurship and business development opportunities through the NiYA ecosystem

To be considered for the FMYD NiYA Cascador Founders Program, applicants must satisfy the following criteria:

  • Applicant must have completed at least one course on the Nigerian Youth Academy (NiYA) platform.
  • Youth ownership: At least 51% owned by founder(s) aged 18–35.
  • Youth leadership: At least one founder aged 18–35 must work full-time in the business and hold a leadership role.
  • Nigeria: Registered and operating in Nigeria.
  • Stage: Product/service launched with evidence of customer adoption.
  • Sector: Operates in a sector creating positive economic or social value. Businesses in harmful or restricted industries (e.g. tobacco, gambling) are not eligible.
  • Operating history: Operating for at least 6 months.
  • Use of funds: Clear, credible use of the funding to accelerate growth.
  • Program participation: Founder available to participate fully in the 4 week program and final pitch

To complete your application, prepare the following documents in advance:

  • Business Registration Certificate (CAC)
  • Clear Passport Photograph with a White Background
  • National Identification Number (NIN) Slip
  • Pitch Deck
  • Certificate of Completion (NiYA Academy Course)

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The step-by-step guide to apply for the FG NiYA Cascador Founders Programme is as follows;

  • Visit the official scholarship portal (Click the link below).
  • Create Your Account: Register using a valid, active email and phone number.
  • Gather 5 required documents from the Documents tab.
  • Submit your application by the deadline.
Application Deadline: August 24, 2026