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A Dutch-based venture builder, 15Wins Ventures, is in the process of raising a N5 billion venture fund, aiming to supercharge the growth and scalability of high-potential startups across Nigeria.
The 15Wins Ventures Fund is poised to transform the Nigerian entrepreneurial landscape by providing the essential capital that emerging businesses need to make a lasting impact on the economy, according to a statement on Thursday.
With a strategic focus on fintech, agritech, healthtech, e-commerce, and renewable energy, the fund “is perfectly aligned with the nation’s most pressing needs and growth opportunities,” it said.
“Our goal is to discover and cultivate the next generation of Nigerian innovators who are ready to disrupt industries and drive significant economic growth,” said Nelson T. Ajulo, Chief Executive Officer of 15Wins Ventures. “We are fully committed to supporting startups with rapid growth potential, ensuring they receive the resources and mentorship required for success. These entrepreneurs will not only build thriving businesses but also make meaningful contributions to Nigeria’s broader economic development.”
Each year, the 15Wins Ventures Fund aims to empower at least 10 startups with up to N50 million in funding, according to the statement. “This focused investment approach ensures that the Fund’s resources are directed towards the most promising ventures, giving them a strong foundation for growth.”
“The Nigerian startup ecosystem is brimming with talent and potential,” Ajulo said. “With the right support, these startups can achieve remarkable success on both local and global scales. We see this Fund as a catalyst for unlocking that potential, driving innovation, creating jobs, and contributing to Nigeria’s sustainable economic development.”
Beyond financial support, 15Wins Ventures is committed to providing startups with access to a vast network of mentors, industry experts, and investors, according to the statement.
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