Ojodu LCDA Innovation Programme

Where ideas become

businesses that employ Ojodu.

Ojodu Innovation Hub (OIH) helps young innovators and businesses aged 18–40 turn real problems into funded ventures — with seed support from ₦500,000 to ₦5,000,000, and guidance at every step.

  • LCDA-backed seed fund
  • ₦500k – ₦5m
  • Ages 18 – 40
Decision within weeks
LCDA backed
Track your application
Applicant portal

Ojodu AgroLink Agribusiness

Farm-to-market platform · existing business

Requested
₦2.0m
  • Application submitted 28 Aug · 09:41
  • Documents verified 30 Aug
  • OIH review Committee review in progress
  • Interview & decision
  • Funding & support
Simple online form · no pitch deck needed Apply now →
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Fintech Agritech Food & Beverage CleanTech & Waste Logistics Fashion & Manufacturing HealthTech AI & Software Education Social Enterprise Fintech Agritech Food & Beverage CleanTech & Waste Logistics Fashion & Manufacturing HealthTech AI & Software Education Social Enterprise
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Funding tiers — Spark to Growth
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Highest funding band
0–40
Youth age range
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Funding released on milestones
How it works

From idea to funded business, step by step

Tap each stage to see what happens. Your progress is always visible in the applicant portal.

  • 01

    Submit your idea

    Choose from six application types and complete one simple form — no pitch deck needed.

  • 02

    Eligibility check

    We confirm you are 18–40 and that your venture will create real value in Ojodu.

  • 03

    Review & interview

    Your idea is reviewed against a clear, consistent framework focused on the problem and jobs it can create — then shortlisted founders meet the committee.

  • 04

    Funding decision

    Approved applicants are matched to a funding tier and agree a growth contract with clear milestones.

  • 05

    Milestone releases

    Funding is released as milestones are met — never one blind lump sum. Each release is backed by evidence.

  • 06

    Grow & report back

    You get mentorship and support while you build. Progress reports keep OIH accountable to Ojodu — and the fund recycles to the next founder.

Stage 01

Submit your idea

Choose from six application types and complete one simple form — no pitch deck needed.

Submit Portal Review
6 application types2 minutes to startNo pitch deck needed
Seed funding

Five tiers. One promise: funding follows evidence

The review matches your stage and evidence to the right funding band. Select a tier to explore it.

Tier 01

Spark

₦500,000 – ₦750,000

Idea validation · prototype · proof of concept

  • Prototype
  • Market research
  • Testing
  • Branding
New ideas & early concepts

Milestone release split

  • Agreement40%
  • Prototype / validation30%
  • Demonstration / pilot30%
Suggested release: 40% on agreement → 30% after prototype/validation → 30% after pilot.
Tier 02

Build

₦750,000 – ₦1,500,000

MVP launch · early business growth

  • Working MVP
  • First users
  • Initial sales
  • Launch capital
Prototypes & early businesses

Milestone release split

  • Initial30%
  • MVP / operational30%
  • Customer / revenue25%
  • Final impact15%
Released against operational and revenue milestones — the final tranche depends on performance.
Tier 03

Launch

₦1,500,000 – ₦2,500,000

Market entry · validated demand

  • Paying customers
  • Revenue
  • Operations
  • Equipment
Businesses with paying customers

Milestone release split

  • Capital expenditure / start-up30%
  • Operational milestone30%
  • Growth milestone25%
  • Employment / impact15%
Example: a food processor employing 4 that needs equipment to employ 10 more. Employment milestones unlock the final 15%.
Tier 04

Scale

₦2,500,000 – ₦4,000,000

Expansion with real traction

  • Financial records
  • Customer evidence
  • Existing staff
  • Measurable growth
Established businesses

Milestone release split

  • Verified expansion plan40%
  • Operational milestone30%
  • Growth / impact30%
Key question: “If OIH gives you ₦3m, what exactly changes?” The answer must be measurable.
Tier 05

Growth

₦4,000,000 – ₦5,000,000

High-impact scaling beyond Ojodu

  • Significant employment
  • Strong evidence
  • Regional scale-up
Proven, hard-to-get tier

Milestone release split

  • Due diligence35%
  • Scale-up milestone35%
  • Employment / impact30%
The hardest tier to obtain — reserved for proven businesses creating significant Ojodu employment.

Cycle 1 instruments: Innovation Grants (early / high-risk ideas) and Recoverable Grants (established businesses) — recovered capital is recycled into the next cohort.

6 application types

Built for every kind of Ojodu builder

From a ₦500k idea to a ₦5m scale-up — if it solves a problem and can employ people in Ojodu, it belongs here.

New business idea

A credible idea with a problem worth solving. No revenue needed — clarity and evidence win.

Prototype path · Spark tier

Existing business

An operating business seeking capital to grow and create more Ojodu jobs.

Build · Launch tiers

Technology / software

Apps, AI products, hardware and platforms with users, demos or traction to show.

GitHub & demo links welcome

Social innovation

Community-first ventures in education, health, energy and inclusion.

Grant instruments

Community problem / solution

Practical fixes to problems people in Ojodu face — waste, transport, food, safety.

Pilot-in-Ojodu bonus

Startup seeking expansion

An existing startup with traction ready to scale its team, product and market reach.

Scale · Growth tiers
The best idea is not necessarily the most innovative idea. It is the idea that solves a meaningful problem, can become sustainable, and creates measurable opportunity for the people of Ojodu.
OIH governing principle
In the community

Young Ojodu builders, learning and building together

Workshops, meetups and hands-on sessions where local problems become local solutions.

CodingYoung software developer at work
Software & digital skills for young people
InnovatorsYoung innovators collaborating in Lagos
Ideas meet skills in community sessions
Problem solvingYoung people working on community problems
Turning local problems into solutions
Digital skillsStudents learning on computers
Digital skills for the next generation

Community photos: Wikimedia Commons contributors (CC BY / CC BY-SA). Illustrative — we will replace them with real OIH workshop photos as the programme grows.

Segun Odunmbaku, Executive Chairman of Ojodu LCDA
Leadership · Ojodu LCDA

A council that backs builders, not just buildings

Segun Odunmbaku — Executive Chairman, Ojodu LCDA

Under this administration, Ojodu LCDA is investing in its young people — the innovators and entrepreneurs whose ideas will solve local problems, create jobs and grow our local economy. Ojodu Innovation Hub is the platform that turns that support into real opportunity.

Office of the Executive Chairman
FAQ

Questions, answered

Do I need to be a developer or have a finished product?+
No. OIH is deliberately broad: new ideas, existing businesses, social ventures and tech products all qualify. A food-processing idea that solves a supply problem and could employ 25 people is exactly what we want to see.
Who is eligible?+
Applicants must be 18–40 years old and be an Ojodu resident or demonstrate that the business will create substantial employment or economic value within Ojodu. Your business doesn’t have to be physically located in Ojodu.
How is my idea actually judged?+
Every application goes through a consistent review framework that weighs the problem being solved, the jobs the venture can create in Ojodu, market demand and feasibility. Each application also receives careful human review by the OIH committee before any decision.
Is the funding a grant or a loan?+
Cycle 1 uses two instruments: Innovation Grants (non-repayable, for early and high-risk innovation) and Recoverable Grants (no punitive interest — the principal is repaid above an agreed revenue threshold so it can fund the next entrepreneur).
When do I receive the money?+
Never in one blind lump sum. Funding is milestone-based — for example 30% on start-up, 30% at an operational milestone, 25% at growth, 15% at an employment/impact milestone. Each release requires evidence and approval.
What should OIH not be used for?+
The programme never funds gambling, fraud, political campaign activities, weapons, prohibited businesses, personal consumption, existing debts, speculation or cryptocurrency speculation. OIH funds evidence and potential — not promises.

Your idea could be the next Ojodu success story

Join a programme that turns local problems into funded, supported businesses — and jobs for the people of Ojodu. Applications are open.