FastForward Student Innovation Fund identifies, funds, and supports the startups and innovative companies of tomorrow today, while their founders are still students or recent graduates.
We will be funding final year projects which can be commercialized, and innovative side-projects being worked on by students with amounts between ₦250,000 to ₦2,000,000 taking equity of no more than 25% for the cash and support of these projects/startups.
The money being invested is raised from alumni of specific universities, high networth individuals, private equity companies and supported by the Federal Government of Nigeria.
Every 6 months, we invest in select projects/businesses from Nigerian higher institutions. Founders/Innovators must be students/recent grads and be ready to live on/near campus. Asides cash, we work closely with the startups with the help of a network of part-time partners who lend their advice, expertise and connections to help these businesses grow.