2026 Cycle VI Intake · Applications Active
Ref: Pangea / MIG-EDC-026

Where innovation meets institutional capital.

Secure ₦30,000,000 in non-dilutive grant funding & venture acceleration.

An institutional partnership between Meridian Investment Group, Pan-Atlantic University’s EDC, and Lagos Innovation Hub to capitalize, educate, and accelerate Nigeria's next generational enterprise founders.

Explore Past Winners

Grant Tranche

₦30,000,000

100% Equity-free

Accelerated

42 Founders

Across 6 cohorts

Follow-On

₦1.8B+

Syndicated capital

Nigerian tech founder and entrepreneur in Lagos

Cohort 05 Featured Alum

Damilola Adebayo

Founder, AgriFlow Technologies Ltd.

₦240M Series Seed
Allocation Structure/Section 02

The ₦30M Value Allocation

Every naira of the grant is structured into three compounding pillars — capital deployment, institutional academic leadership, and venture growth sprints.

Track 01Tranche 01

₦10,000,000

Institutional Value

Working Capital & Business Plan Refinement

Direct seed tranche to unlock immediate operational velocity, paired with structured balance-sheet modeling and strategic go-to-market advisory.

Key Deliverables

  • Direct non-dilutive capital disbursement
  • Financial engineering & unit economics clinic
  • Legal structuring & IP governance review
  • Assigned venture advisor for 12 months
Track 02Tranche 02

₦8,000,000

Institutional Value

Executive Entrepreneurship at PAU-EDC Lagos

Comprehensive executive curriculum at Pan-Atlantic University Enterprise Development Centre, building institutional discipline and governance resilience.

Key Deliverables

  • Certified executive management credential
  • Cohort roundtables with Nigerian corporate leaders
  • Regulatory compliance & taxation mastery
  • Executive peer network across West Africa
Track 03Tranche 03

₦12,000,000

Institutional Value

5-Month Acceleration at Lagos Innovation Hub

Intensive venture scaling sprints at Nigeria’s premier technology campus, ending with an institutional Demo Day pitching to 200+ venture funds.

Key Deliverables

  • Dedicated resident desks at LIH campus
  • Weekly investor & syndication office hours
  • Distribution pipelines & enterprise partner access
  • Flagship Pan-African Demo Day showcase

100% Non-Dilutive Grant. No equity forfeited, no advisory share warrants required from cohort founders.

PAU-EDC Oversight Committee
Roadmap & Milestones/Cohort VI Schedule

Structured for operational rigor.

From preliminary due diligence to the institutional Demo Day in Victoria Island, every milestone is designed to accelerate venture readiness.

Phase 0101

Jan 15 — Mar 01, 2026

Application & Due Diligence

Digital intake of founder profile, balance sheets, CAC documentation, and pitch deck. Verified submissions move to panel screening.

Audited Milestone
Phase 0202

Mar 15 — Mar 22, 2026

Selection Jury & Tranche Briefing

Top 20 finalists present live before the joint investment committee of PAU-EDC, Meridian Capital, and ecosystem mentors in Lagos.

Audited Milestone
Phase 0303

Apr 06 — Aug 28, 2026

Executive Residence & Acceleration

Disbursement of first ₦10M tranche, immersion into PAU executive modules, weekly financial modeling sprints, and founder advisory.

Audited Milestone
Phase 0404

Sep 18, 2026

Institutional Demo Day

Culmination at Lagos Innovation Hub. Founders pitch directly to over 200 venture capital partners, angel syndicates, and DFIs.

Audited Milestone
Track Record/Alumni Wall of Fame

Real companies. Audited venture outcomes.

EB
Raised ₦180M Series A
Cohort 03 · 2022Industrial Waste Exchange

EcoBarter

Led by Adaeze Okonkwo · Co-Founder & CEO

Nigeria's pioneering B2B reverse logistics platform, digitizing municipal and industrial waste streams into raw feedstocks for manufacturing conglomerates.

Audited Program Milestones

340%

Revenue Surge

1,200+

B2B Clients

18.5k

Recycled MT

SC
Secured $1.2M Seed Round
Cohort 04 · 2023Decentralized Settlement

Scrapays Technologies

Led by Bolaji Sofoluwe · Co-Founder & CTO

Decentralized recovery infrastructure linking independent recovery agents with verified micro-credit underwriting, insurance, and instant wallet settlements.

Audited Program Milestones

8,500+

Active Agents

₦42M

Monthly GMV

11

States Live

MG
Closed ₦550M Institutional Tranche
Cohort 05 · 2024Authentic Pharma Delivery

Mariam Grey Health

Led by Mariam Adeola Grey · Founder & Lead Pharmacist

Digitally orchestrated cold-chain supply connecting authenticated essential therapeutics and telehealth diagnostics directly to underserved pharmacies.

Audited Program Milestones

220k+

Fulfillments

65,000

Patients Served

140

Health Outposts

Intake Qualification/Eligibility Standard

Who qualifies for the ₦30M allocation?

We focus on early-growth Nigerian enterprises solving essential systemic challenges. Review the formal benchmark requirements prior to submitting:

  • Registered Nigerian corporate entity with CAC certificate
  • Operating within AgriTech, CleanTech, Health, Fintech, or Real Economy sectors
  • Demonstrated minimum 12 months commercial operating history
  • At least two full-time founders or dedicated executive team members
  • Clear verifiable revenue or validated pilot pipeline
Application WindowOpen through March 01, 2026 at 23:59 WAT

Digital Submission

2026 Intake Portal

Cohort VI

Complete the three-step digital prospectus including founder credentials, business summary, and pitch deck repository link.

Submission Fee₦0 (Zero Cost)
Initial Review Period5 Business Days
Grant Structure100% Equity-Free Grant

All submitted materials protected by non-disclosure protocols