Funding and grants
Nigerian Business Funding Watch: Grant Call Status as of 5 November 2026
Status checked 5 November: GCBSI 2.0 is closed; Drawbridge remains listed through 30 November; TRISEG’s live route is unverified.
Status update — 5 November 2026
The GCBSI 2.0 deadline of 1 November has passed. We have not verified an extension, so treat that application window as closed unless the Fegho Umunubo Foundation publishes a new notice.
ProMoat Capital’s official Drawbridge page still lists 30 November 2026 as the closing date for its January 2027 cohort. The TRISEG item below was based on a programme announcement, not a confirmed current funding call; its live form and deadline remain unverified. Do not treat it as an open grant without confirmation from the organiser.
The details below preserve the 29 October research snapshot and are retained for reference. Recheck each organiser’s current terms before applying.
What is available?
Two grant calls relevant to Nigerian business owners were verified as accepting applications during our research on 29 October 2026: GCBSI 2.0 for creative businesses and the Drawbridge Grant for registered businesses with paying customers. Their audiences and deadlines differ. Check the organiser's current instructions before submitting.
GCBSI 2.0: creative businesses
The Fegho Umunubo Foundation's second Grassroots Creative Business Support Initiative advertises awards of ₦1 million–₦1.5 million. The published deadline is 1 November 2026; an exact closing time was not stated in the call reviewed.
The call asks applicants to introduce their business in a one-minute Instagram video using #GCBSI, alongside the application process. The application form requests a CAC registration number. Read the organiser's instructions for your sector and provide genuine business details.
Start with CredaBiz's GCBSI application guide and confirm the current application route through the foundation's official channels. The guide is scheduled for publication on 29 October.
Drawbridge Grant: trading businesses in Nigeria
ProMoat Capital's official page describes two awards for the January 2027 cohort: ₦1 million and ₦500,000. Applications close 30 November 2026. The call is for registered Nigerian businesses with paying customers; an idea alone does not meet that description.
Prepare an honest description of your customers, operating location, monthly revenue and intended spending. Read the application terms, including the platform-account terms attached to submission. Use the official Drawbridge page for the current form and complete terms.
Also worth checking: TRISEG export support
The ACCI programme announcement invites Nigerian agro-processing SMEs to a TRISEG capacity-building programme with TFO Canada. This is business and export support, not a confirmed automatic cash award to every participant.
The announcement links to a registration questionnaire. We could verify the published invitation, but could not independently confirm the live questionnaire or a closing date from that primary announcement. Contact the organiser to confirm availability before preparing an application. Do not treat an unverified deadline from a repost as official.
How to prepare this week
Match your business to the actual eligibility conditions.
Organise registration records, sales evidence and a costed spending plan.
Check the exact deadline and submission route again.
Save your final answers and submission confirmation.
No application guarantees selection. CredaBiz can help organise your business records and funding preparation; it does not determine the organiser's award decision. Discuss your readiness with CredaBiz.
Sources
Verified 29 October 2026. This is a dated funding watch, not a promise that every programme remains open after its deadline. Funding coverage is reviewed weekly.
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