By Oluwakemi Kindness
The South East Development Commission (SEDC) has shortlisted 210 startups from over 1,200 applications received across the South East region for the next phase of its Venture Capital Programme.
The selected startups comprise 128 in the Incubator Track and 82 in the Accelerator Track, marking a major milestone in the Commission’s effort to support innovation-driven enterprises in the region.
According to SEDC, the selection followed a rigorous evaluation process that assessed eligibility, problem–solution fit, market potential, execution capacity, and technology adoption.
Growth-stage startups were further assessed based on traction and revenue, while early-stage ventures were evaluated on validation and emerging demand.
The Commission in a statement on Thursday, by Stanley Ohajuruka Executive Director, Finance, says the advancement of the startups reflects growing entrepreneurial activity in the South East and its commitment to building a strong pipeline of investable businesses.
SEDC also announced that the programme will culminate in a Grand Finale scheduled for May 2026, where selected startups will pitch their ideas before investors, policymakers, and ecosystem stakeholders.
The Commission reaffirmed its commitment to strengthening the regional innovation ecosystem and enabling startups to grow sustainably.
