The Federal Government has announced the launch of Nigeria Startup Portal (NSP).
The portal, which is a crucial element of the NSP implementation, is intended to drive the identification and aggregation of NSP in the country.
Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, announced this on X on Tuesday night.
He tweeted, “We are pleased to announce the launch of NSP, https://startup.gov.ng/, a key requirement for the implementation of the Nigeria Startup Act.
He, however, invited all Nigerian startups, venture capital companies, hubs and innovation centres to register.
The National Information Technology Development Agency also urged all Nigerian startups, VCs, angels, hubs, and innovation centres to visit the portal, register, and explore the resources available to them.
Below is the registration process for startups:
1. Visit http://startup.gov.ng
2. Scroll down the page to reveal the options for NSP, Angel Investors, Venture Capitalists or Accelerators, Innovation Hubs & Incubators.
3. Select Start ups
Criteria to enroll:
- Be a limited liability company registered under the Companies and Allied Matters Act (CAMA).
- Be a company existing for less than 10 years from the date of incorporation.
- Have objects that are focused on innovation, development, production, improvement, and commercialization of a digital technology innovative product or process.
- Be a holder or repository of a product or process of digital technology or the owner or author of a registered software.
- Have at least one-third of local shareholding held by one or more Nigerians as founder or co-founder of NSP.
- Satisfy the conditions set out in the Act, in the case of a sole proprietorship or partnership.
- Be a tech-enabled business that uses existing tools, platforms, libraries, and frameworks to make a company or a solution more efficient or effective.
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4. Enter the following details:
- RC Number (Unique CAC identification number)
- Company Name
- Year of Incorporation
- Industry (type)
- Media
- Start Up description
- Company Email
- Company Address
- Company website
- Founder’s Full Name
- First Name + Last Name
- Founder’s Email Address
- Founder’s Phone Number
- Founder’s means of Identification (BVN or NIN)
5. Then Submit.