ADAVEL Fund seeks to back Nigeria's ambitious grassroot entrepreneurs with capital, partnerships and a network built to last. Pioneering Fund round: ₦5,000,000 in equity allocation across 3–5 companies.
Capital, partnerships, technical assistance, and a network built to last — available to every founder we back, for 50 months and beyond.
We run a rigorous open application process. Every submission is reviewed against a weighted scorecard covering team, market, traction, product, and financials. Only the top performers advance.
Selected founders receive capital structured as equity plus Revenue-Based Financing. We handle term sheets, legal documentation, and onboarding — so founders can stay focused on building.
Post-investment, founders join the ADAVEL network. Monthly KPI submissions, mentorship sessions, warm introductions across the network, and a live portfolio dashboard keeps everyone accountable and progressing.
We invest across two structured tracks — each calibrated to the founder's stage, revenue, and growth trajectory.
A structured, transparent pipeline. You always know where you stand and what comes next.
Submit your application via the ADAVEL portal. Tell us your story, traction, market opportunity and what you'd do with the capital.
Top applications are scored on a weighted rubric. Shortlisted founders pitch to the ADAVEL team in a 30-minute virtual interview.
Finalists present to the ADAVEL panel at a live pitch event. The top 3–5 founders receive negotiated term sheets.
Review your term sheet, receive capital and join the ADAVEL portfolio. Access mentorship, monthly check-ins and ongoing support from the ADAVEL team.
Applications are open — your company could be here.
Every ADAVEL portfolio company gets more than a cheque. They get a structured support system designed to compound their growth over 50 months and beyond.
Applications are open. Apply now and be considered for equity allocation.