---
title: "iDICE Startup Summit Plans Lagos, Ilorin, Abuja Pitch Fund"
description: "The iDICE Startup Summit will run events in Lagos, Ilorin and Abuja, including a pitch series set to place over ₦40 million into selected startups."
canonical_url: "https://liners.com/news/idice-startup-summit-crucible-40m-investments"
markdown_url: "https://liners.com/news/idice-startup-summit-crucible-40m-investments.md"
type: "article"
language: "en"
published_at: "2026-11-11T11:00:51.882Z"
updated_at: "2026-11-11T11:00:51.891Z"
---

# iDICE Startup Summit Plans Lagos, Ilorin, Abuja Pitch Fund

The iDICE Startup Summit will run events in Lagos, Ilorin and Abuja, including a pitch series set to place over ₦40 million into selected startups.

## Breadcrumbs

- [News](/news)
- [iDICE Startup Summit Plans Lagos, Ilorin, Abuja Pitch Fund](/news/idice-startup-summit-crucible-40m-investments)

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## Content

## In Short: iDICE Startup Summit And ₦40 Million+ Startup Investments
The iDICE Startup Summit will bring entrepreneurs, investors, industry leaders and ecosystem partners together across Lagos, Ilorin and Abuja. The organisers say the summit will include “The Crucible,” a competitive pitch series expected to facilitate more than ₦40 million in direct investments into selected startups.

## What Happened: How The iDICE Programme Is Structuring The Summit
The iDICE Startup Summit is part of the Investment in Digital and Creative Enterprises (iDICE) Programme. The programme is described as an initiative of the Federal Government of Nigeria, implemented through the Bank of Industry (BOI).

The programme is co-financed by the African Development Bank (AfDB), Agence Française de Développement (AFD), and Islamic Development Bank (IsDB). The summit is positioned as a multi-city series meant to create opportunities for emerging businesses to access knowledge, networks and capital needed to scale.

Organisers say the summit will include hands-on workshops facilitated by ecosystem partners, conversations with founders and industry leaders, investor discussions, and networking sessions.

## Why It Matters: “The Crucible” Turns Networking Into Capital
A key promise of the iDICE Startup Summit is “The Crucible.” It is a pitch competition designed to identify and back promising Nigerian ventures.

The summit’s organisers say The Crucible is being delivered in partnership with Wicked Innovation Labs and Innovate Africa Fund. They add that it will facilitate more than ₦40 million in direct investments into selected startups.

The summit is also open to startup founders, aspiring entrepreneurs, investors, students, innovators and ecosystem stakeholders. Attendance is described as free, but registration and application are required, and participation is subject to confirmation. Startups that want to pitch in The Crucible will need to complete a separate application and selection process.

## Sources and products

- [Nairametrics](https://nairametrics.com/2026/11/11/idice-startup-summit-heads-to-lagos-ilorin-and-abuja-with-over-%e2%82%a640-million-in-direct-startup-investments)

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- [Startups & Ecosystem](/news)

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