The Development Bank of Nigeria Plc (DBN) has empowered three tech start-ups with N13 million grants aimed at supporting the growth of Micro, Small, and Medium Enterprises (MSMEs) within Nigeria’s innovation ecosystem to scale their businesses.
The three beneficiaries emerged winners in the 2025 DBN Techpreneur Summit 4.0, themed ‘CTRL+SHIFT Tech Empowered Movement for Naija,’ a competitive idea pitch session that featured seven tech innovators at the bank’s annual flagship tech summit.
BuyScrap, an e-waste tech start-up, came first and received N6 million grant, while QiqiFarms, an agritech start-up, received N4 million for emerging as the first runner-up. Enugu-based Ecocyclers, a plastic waste-to-resource tech start-up, received a N3 million grant as the second runner-up.