Cascador, a Nigeria-based entrepreneur support organisation, has opened applications for its 2026 ScaleUp Programme, targeting growth-stage founders across both the tech ecosystem and the broader real economy.
The 12-week programme will admit 12 founders, offering them the tools, insights, and networks needed to scale sustainably. At a time when African startups are grappling with tighter funding conditions and shifting investor priorities, initiatives like this are increasingly positioned as a bridge between early traction and long-term growth.
“Entrepreneurs are the engines of change. At Cascador, our goal is to accelerate growth-stage founders. Those we see as multipliers, building businesses that transform lives, communities, and markets,” said Trish Thomas, CEO of Cascador. “This programme is designed to empower ventures on the cusp of scale for social impact.”
According to Programme Director Amanda Etuk, the initiative responds to a persistent funding gap in Nigeria’s startup landscape. Many companies, she noted, outgrow traditional accelerators but are still considered too early for institutional capital.
“Most businesses need a mix of instruments. Not all growth requires giving up significant equity,some can be financed through revenue,” she said. “For companies in the real economy, there are alternative ways to support growth beyond venture capital.”
This hybrid funding approach has gained traction as founders increasingly explore non-dilutive options. In 2025, Cascador partnered with Sterling Bank to provide local currency debt at below-market rates. Through the collaboration, eligible businesses receive support with loan applications, including access to guarantees and collateral backing, helping them secure single-digit interest loans.
Since its launch in 2019, Cascador says it has supported more than 70 ventures, which have collectively raised over $100 million. The organisation also tracks impact metrics: in 2025 alone, its portfolio companies reportedly created 67,000 jobs and served 1.7 million customers.
Beyond funding, the programme takes a hands-on approach to business development. Participating companies undergo pre-programme assessments across key areas such as legal structure, revenue, operations, product development, and technology. This allows Cascador to tailor its support to each company’s specific needs rather than applying a standardised model.
“One of the strengths of Cascador is that we don’t take a one-size-fits-all approach. Every business is different, and with our network of advisers and mentors, we’re able to provide targeted support where it matters most,” Etuk added.
To qualify, founders must have operated their businesses for at least two years and demonstrate measurable traction. Cascador is also seeking coachable founders with the capacity to translate the programme’s support into meaningful growth and impact.