# Incubators and accelerators based in Nigeria (2026 list) > 18 incubators and accelerators based in Nigeria. Led by Tony Elumelu Foundation, ARM Labs, Ado Business Incubation Centre. Ranked by what they funded. Source: https://millionrounds.com/lists/incubators-accelerators-based-in-nigeria (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Incubators and accelerators based in Nigeria Updated 7 November 2026 Incubators and accelerators headquartered in Nigeria. [See all 18 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-based-in-nigeria)The top 18 **18** investors on the list No change this week **0** cheques in 12 months Too few cheques to tell **$504K** median round they joined *-94%* against the market median **0%** wrote a cheque in 12 months **0%** have led a round ## The Top 18 Ordered by cheques observed, never by anything anyone paid for - 1 [Tony Elumelu Foundation](https://millionrounds.com/fund/tony-elumelu-foundation) quiet Accelerator · Nigeria **2** **$8K** median round **Nov 2015** last seen - 2 [ARM Labs](https://millionrounds.com/fund/arm-labs) quiet Accelerator · Nigeria **1** **$1M** median round **Dec 2024** last seen - 3 [Ado Business Incubation Centre](https://millionrounds.com/fund/ado-business-incubation-centre) unknown Incubator · Nigeria **none observed** **-** median round **-** last seen - 4 [Carrot](https://millionrounds.com/fund/carrot) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 5 [Cascador](https://millionrounds.com/fund/cascador) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 6 [Co-Creation Hub Nigeria](https://millionrounds.com/fund/co-creation-hub-nigeria) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 7 [DFC Technology Hub (DTH)](https://millionrounds.com/fund/dfc-technology-hub-dth) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 8 [Fast Forward Venture Studio](https://millionrounds.com/fund/fast-forward-venture-studio) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 9 [Greentree Investment](https://millionrounds.com/fund/greentree-investment-company) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 10 [Nigeria Health Innovation Markeplace (NHIM)](https://millionrounds.com/fund/nigeria-health-innovation-markeplace-nhim) unknown Incubator · Nigeria **none observed** **-** median round **-** last seen - 11 [TVCLabs](https://millionrounds.com/fund/tvclabs) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 12 [The Bulb Africa](https://millionrounds.com/fund/the-bulb-africa) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 13 [The Hive Incubator](https://millionrounds.com/fund/the-hive-incubator) unknown Incubator · Nigeria **none observed** **-** median round **-** last seen - 14 [Thescathcompanies](https://millionrounds.com/fund/thescathcompanies) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 15 [8thGear Hub](https://millionrounds.com/fund/8thgear-hub) unknown Incubator · Nigeria **none observed** **-** median round **-** last seen - 16 [Cranium One](https://millionrounds.com/fund/cranium-one) unknown Incubator · Nigeria **none observed** **-** median round **-** last seen - 17 [Lagos Startup Resource List: 250+ Accelerators, Incubators, Investors, and more](https://millionrounds.com/fund/lagos-startup-resource-list-250-accelerators-incubators-inve) unknown Accelerator · Nigeria **none observed** **-** median round **-** last seen - 18 [Workstation](https://millionrounds.com/fund/workstation) unknown Incubator · Nigeria **none observed** **-** median round **-** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **23** Dec **[PBR Life Sciences](https://millionrounds.com/company/pbr-life-sciences)** Pre-seed · $1M *With* [ARM Labs](https://millionrounds.com/fund/arm-labs) ## Cheques by Quarter Led Joined Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about incubators and accelerators based in Nigeria ### Who are the most active incubators and accelerators based in Nigeria? By cheques observed, the most active are Tony Elumelu Foundation, ARM Labs, Ado Business Incubation Centre, Carrot and Cascador. ### How many incubators and accelerators based in Nigeria are there? 18 are on record. 0% made an investment in the last 12 months. ### What have incubators and accelerators based in Nigeria invested in recently? Recent rounds include PBR Life Sciences (Pre-seed, Dec 2024, with ARM Labs). ### How is this list of incubators and accelerators based in Nigeria ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)