Cascador, a Nigeria-focused platform for growth-stage founders, has partnered with the Federal Ministry of Youth Development (FMYD) through the Nigerian Youth Academy (NiYA), a federal digital empowerment platform, to launch a programme to help youth entrepreneurs build stronger businesses.
The NiYA × Cascador Founders Program will begin with a pilot cohort of 20 early-stage Nigerian founders, eight of whom will receive up to ₦5 million ($3,600) each in non-dilutive funding at the end of the programme. Applications for the program will open on August 19, and interested participants can apply on the NiYA website.
The programme adds to the Nigerian government’s efforts in supporting young entrepreneurs and early-stage businesses. In November 2025, the government’s Investment in Digital and Creative Enterprises (iDICE) programme invested in Ventures Platform’s $64 million first close of its Pan-African fund II.
“For NiYA, training is only one part of the journey. The real value is in helping young people move from learning to enterprise, from ideas to investable businesses, and from potential to sustainable economic participation,” said Ayodele Olawande, Minister of Youth Development. “The partnership with Cascador strengthens that pathway by combining business preparation with access to capital, particularly for young founders who may not yet have the formal structures or financial history that traditional funding often requires.”
The program will run for four weeks and cover business fundamentals, investment readiness and pitch preparation, according to the company. It will be delivered in person in Abuja, Nigeria’s capital city, and include virtual touchpoints and one-on-one mentorship.
After completion, the eight top-performing founders will receive an Enterprise Resource Planning (ERP) solution designed to help them organise and manage their businesses in addition to the funding at a NiYA/FMYD-organised Pitch Day. The funding is non-dilutive, meaning the founders will not have to give up equity in their businesses in exchange for the capital.
“NiYA and FMYD have already shown what real commitment to Nigeria’s youth looks like — the platforms, the reach, the ambition to train millions,” said Trish Thomas, CEO of Cascador. “What we’re building together now is the missing piece, a practical bridge from the ideation stage to real capital-readiness. When a Ministry so dedicated to its young people asked Cascador to help build that bridge, it was an easy decision.”
Over the course of the program, NiYA and FMYD will handle founder sourcing, training and the day-to-day delivery of the programme, while Cascador will help define eligibility criteria, support investment-readiness training, judge the founders’ pitches and provide the funding for the top performers.