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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