Cascador, a Nigeria-focused platform for growth-stage founders, has partnered with the Federal Ministry of Youth Development (FMYD) through the Nigerian Youth Academy (NiYA), a federal digital empowerment platform, to launch a programme to help youth entrepreneurs build stronger businesses.
The NiYA × Cascador Founders Program will begin with a pilot cohort of 20 early-stage Nigerian founders, eight of whom will receive up to ₦5 million ($3,600) each in non-dilutive funding at the end of the programme. Applications for the program will open on August 19, and interested participants can apply on the NiYA website.
The programme adds to the Nigerian government’s efforts in supporting young entrepreneurs and early-stage businesses. In November 2025, the government’s Investment in Digital and Creative Enterprises (iDICE) programme invested in Ventures Platform’s $64 million first close of its Pan-African fund II.
“For NiYA, training is only one part of the journey. The real value is in helping young people move from learning to enterprise, from ideas to investable businesses, and from potential to sustainable economic participation,” said Ayodele Olawande, Minister of Youth Development. “The partnership with Cascador strengthens that pathway by combining business preparation with access to capital, particularly for young founders who may not yet have the formal structures or financial history that traditional funding often requires.”
