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Grant · January 2027

Drawbridge Grant

₦1,000,000

Two grants: ₦1,000,000 and ₦500,000. No equity, no repayment.

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Open until 31 October 2026. Applying needs an account and a business profile.

About

ProMoat Capital is giving two grants this round: ₦1,000,000 and ₦500,000. You don't pay it back, and we don't take any share of your business.

Who can apply: registered Nigerian businesses (with the CAC, as a business name or a company) that have paying customers. Any sector. A business bank account isn't compulsory, but it counts in your favour.

How it works: apply by October 31, 2026. We read every application and call the businesses on our shortlist in November. Finalists have a longer conversation with us in December. Winners are announced and both grants are paid out in January 2027.

Spend it on anything that grows the business: stock, equipment, marketing, staff. We ask for your plan in the application, and a clear plan improves your chances.

Details

Award
Two grants: ₦1,000,000 and ₦500,000. No equity, no repayment.
Cohort
January 2027
Last day to apply
31 October 2026
Status
Open until 31 October 2026

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