– Industry: Venture Capital
– Location: Nigeria
– Status: Active
– Website: https://ncdfinvest.com
– Equity: 100%
The NCDF Opportunity Growth Fund is a venture capital fund focused on driving economic growth in Nigeria by investing in early-stage and mid-stage start-ups. With an initial capital of USD 20 million and a target growth of USD 100 million, this fund aims to empower high-potential enterprises that foster innovation, job creation, and sustainable development. Managed by NCDF Investment Management Plc, the fund is strategically positioned to bridge the funding gap in Nigeria’s entrepreneurial ecosystem while delivering attractive financial returns.
The mission of the NCDF Opportunity Growth Fund is to catalyse economic transformation in Nigeria by providing essential capital to start-ups and businesses that have the potential to scale and innovate. Through strategic investments, the fund seeks to promote job creation, technological advancement, and economic diversification, ultimately contributing to the growth of a resilient and sustainable economy.
Investment Focus:
Sectors: Technology & AI (FinTech, HealthTech, EdTech, AgriTech, Smart Cities), Renewable Energy, Healthcare, and Agriculture.
Investment Stages: Early-Stage Funding: Seed capital for start-ups with limited access to traditional financing.
Mid-Stage Funding: Growth capital for scaling operations, developing new products, and market expansion.
Economic Impact: Job creation and skill development. Support for innovation and new technologies. Promotion of economic diversification across key sectors.
Governance and Risk Management: Led by experienced venture capitalists and industry experts, Supported by a strategic advisory board., Emphasis on due diligence, diversification, and performance monitoring.
ESG Integration: Environmental sustainability through green investments, Social equity and community development, High standards of corporate governance and ethical practices.
Financial Projections and Growth Targets: Initial Capital: USD 20 million, growing to USD 100 million within 5 years. Expected Returns: 20-25% IRR and 3-5x ROI over a 10-year horizon. Impact Goals: Supporting 200+ start-ups, creating 10,000+ jobs, and promoting sustainable business practices.
ESG Integration: Environmental sustainability through green investments, Social equity and community development, High standards of corporate governance and ethical practices.
The NCDF Opportunity Growth Fund is a comprehensive initiative aimed at driving transformative growth in Nigeria’s entrepreneurial landscape while offering substantial returns for investors.
