π± Like a plant, every startup needs the right soil to thrive.
The Nigeria Startup Act, 2022 provides that foundation β with labelling, incentives, and even a 6-month window for business names to convert into Ltd companies.
A labelled startup enjoys access to incentives, funding, tax reliefs, and growth opportunities. To qualify, it must be a Ltd company (β€10 years old), focused on digital innovation, and with at least one-third Nigerian shareholding.
ππ½ Business names and partnerships can apply, but must convert to Ltd within 6 months or lose pre-label status. (Section 13(2)(e)β(5))










