Apply! NCDMB Energy Accelerator 2023 for Early-stage energy startups

NCDMB Energy Accelerator 2023 - climateaction

Apply! NCDMB Energy Accelerator 2023 for Early-stage energy startups

Are you an early-stage entrepreneur with a focus on building an energy startup in Nigeria? Then this opportunity is for you!


Founder Institute Abuja in collaboration with the Nigerian Content Development and Monitoring Board (NCDMB) has launched the NCDMB Energy Accelerator 2023 for Early-Stage Energy Startups to support select local companies that have huge potential for growth and massive job creation.


This fully-funded NCDMB Energy Accelerator 2023 program also aims at driving the ‘Energy Transition‘ agenda of the Nigerian Government, and building an efficient number of promising energy startups in 2023 in areas such as Renewable Energy, AI, Machine Learning and Data Analytics, Local Materials substitutions (focused on the value chain of the Energy Sector), Health, Safety and Environmental Studies, Geological and Geophysical, Engineering studies, Technology Development (Pipeline Monitoring System) &  Mobility Systems – providing access to funds/venture capital for these innovative companies in Nigeria.


This initiative will be operated through the Technology Innovation and Incubation Center (TIIC) an arm of NCDMB with a core mandate to “help develop high potential Nigerian startups and ideas into investment and market-ready products – supporting these startups to scale locally and globally through accelerated business incubation programs and initiatives”.


Interested applicants in the NCDMB Energy Accelerator 2023 are encouraged to apply for FREE at


• Early admissions deadline – 12th February 2023
• Final admissions deadline – 5th March 2023


Top entrepreneurs and investors in the energy ecosystem who wish to share their knowledge and expertise in the NCDMB Energy Accelerator 2023 are also encouraged to join as mentors at to be featured as speakers or panelists during the events.


Timeline of events and program sessions


1. Who is an Energy Startup? (Online) – January 27, 2023; RSVP at

2. Energy Startup Funding in Nigeria: How to Raise Money for your Energy Startup (Online) – February 03, 2023; RSVP at

3. Female Founder Roundtable: Unique Inspiration for NCDMB Energy accelerator (Online) – February 10, 2023; RSVP at

4. Pitch Top Energy Investors & Experts Online for feedback (Online) – February 17, 2023; RSVP at

5. Startup Legal AMA: The Legal Framework for Energy Start UPs in Nigeria (Online) – March 03, 2023; RSVP at

6. Orientation on Mar 15, 2023, 05:00 pm

7. Vision on Mar 22, 2023, 05:00 pm

8. Customer Development on Apr 05, 2023, 05:00 pm

9. Branding & Design on Apr 12, 2023, 05:00 pm

10. Revenue on Apr 19, 2023, 05:00 pm

11. Mentor Idea Review on Apr 26, 2023, 05:00 pm

12. Legal & IP on May 10, 2023, 05:00 pm

13. Go-to-Market & Scale on May 17, 2023, 05:00 pm

14. Product Development on May 31, 2023, 05:00 pm

15. Mentor Progress Review on Jun 07, 2023, 05:00 pm

16. Hiring & Onboarding on Jun 21, 2023, 05:00 pm

17. Growth on Jun 28, 2023, 05:00 pm

18. Equity & Funding on Jul 05, 2023, 05:00 pm

19. Demo Day – Founder Showcase – Investor Session on Jul 26, 2023, 05:00 pm



About Founder Institute


Founded in 2009 by serial entrepreneurs Adeo Ressi and Jonathan Greechan, Founder Institute is the world’s largest pre-seed startup accelerator with the most proven network to turn ideas into fundable startups and startups into global businesses.


FI empowers founders by providing a series of structured accelerators and access to the largest global community of startup advisors.


Since 2009, FI’s series of highly-structured accelerator programs have given founders the direction and global network needed to build meaningful businesses.


Founder Institute Abuja Team:


  • – Ajuma Ataguba – Managing Director, Founder Institute, Abuja
  • – Mohammed Ibrahim Jega – Partner-Strategy, Founder Institute, Abuja
  • – Olusegun Obakeye – Director, Founder Institute, Abuja
  • – Chukwuemeka Fred Agbata (CFA) – Lead Advisor, Founder Institute, Abuja
  • – Kate Pam Semlek (MBA, FIMC, MITD, ANIM) – Director, Founder Institute, Abuja
  • – Catherine Mba – Program Associate, Founder Institute, Abuja




The Nigerian Content Development and Monitoring Board (NCDMB) was birthed from the Nigerian Oil and Gas Industry Content Development (NOGICD) Bill signed into law on April 22, 2010.


The core mandate of the board is to implement and enable the development of local capacity through the adoption of technology and innovation to achieve energy sufficiency and economic benefits.




  • – Engr. Simbi Wabote (FNSE) – Executive Secretary
  • – Mr. Patrick Daziba Obah – Director, Planning Research and Statistics (PRS)
  • – Mr. Abdulmalik Halilu – General Manager, Research and Statistics
  • – Jonathan Amarachi Njoku – Supervisor, Research and Development

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