Spark Lab – Pilot Edition

Lagos | July–October 2025

The Challenge

Young entrepreneurs in Nigeria lack access to early-stage funding, business mentorship, and practical training & networks-

As a result, many brilliant fledgling ventures fade away for lack of support

We see talented youth with big ideas hustling hard – but without early support, too many promising startups never get off the ground.

Eligibility

  • Young person led ventures that are already operational
  • Strong preference for grassroots startups led by tradespeople
  • We especially welcome artisans and hand-work entrepreneurs

No matter how small your current business, if you’ve started something real, Spark Lab is here to help you grow it.

Why Now? The Opportunity in Nigeria

  • Nigeria has 62% youth unemployment or underemployment (NBS, 2023)
  • Over 80% of startups fail within 3 years —largely due to lack of early mentorship and seed capital (SMEDAN/World Bank).
  • Less than 10% of accelerators support the informal sector or non-tech startups.
  • These challenges present a huge opportunity… one that Spark Lab is seizing to empower young entrepreneurs now.

How We Measure Success

  • 75% of participants launch or scale within 6 months
  • ₦10M+ in business revenue generated across cohort
  • 3–5 new jobs created per venture
  • 50% of founders are women or non-tech artisans

Selection Process

Launch of the program

open call for applications. Young innovators and entrepreneurs submit their ideas and ventures. Outreach and information sessions to guide potential applicants .

Applications reviewed

Applications reviewed and shortlisted. Selection of the most promising applicants. Finalists notified and onboarded into the Spark Lab .

Intensive capacity-building

and mentorship program. Training in business development, leadership, impact measurement, and storytelling. Ongoing support from experts and access to resources.

Intensive capacity-building

capacity-building and mentorship program. Training in business development, leadership, impact measurement, and storytelling. Ongoing support from experts and access to resources. .

Case Studies

AutoRevamp Nigeria

AutoRevamp Nigeria is a youth-led startup based in Lagos that specializes in importing and selling used (tokunbo) car parts, including engines, gearboxes, alternators, bumpers, and lights.

Started by 24 year-old Tochukwu Igwe in 2022, the business has transitioned from a local physical shop in Ladipo Market to a digitally-enabled automotive parts venture serving customers across Nigeria.


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FreshFoods Nigeria

FreshFoods Nigeria is a fast-growing food venture specializing in authentic Nigerian food items, from local staples to specialty ingredients.

Founded in 2023 by 28-year-old Chef Comfort, the business started as a small neighborhood shop and has since transformed into a digitally-enabled enterprise. Today, FreshFoods Nigeria not only supplies households and retailers across the country but has also expanded into exporting Nigerian food products abroad.

Through this growth, Chef Comfort has been able to support her family while building financial independence, proving the power of innovation and resilience in Nigeria’s food sector.


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