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NCDMB TIIC

Eligibility & Selection Criteria, & Decisions for Incubates

Startups and startup founders applying for NCDMB Research and Development Technology Innovation, and Incubation Center (TIIC) as incubates, should meet the following Eligibility and Selection criteria.

NCDMB R&D TIIC considers business ideas in Oil and Gas, Social Development, and Human Capital Development Services. Business ideas that might get selected include the following:

  • Oil and Gas

  • Social development

  • Human capital development

The above-mentioned business ideas and skills include HSSE, engineering, technology development, geology & geophysical studies, local materials substitution & renewable energy, behavioral science, and learning innovation.
The startup should be based in or willing to setup in Nigeria. All businesses need to be at NCDMB headquarters in Yenagoa during the innovation and incubation phases (six months).

The Company should be a new startup, in idea stage, or existing businesses, less than a year old. The applicant should be undertaking pre-business research or testing a business idea such as working on a product prototyping; be in the process of establishing a new business for a ready-to-market product or service; or re-establishing, re-branding or re-positioning an existing business.

The business should have:

  1. A growth potential, clear revenue model and well-defined customer focus.

  2. Provide investable opportunity – an opportunity for which finance can be sought, or adequate financing already in place.

  3. Have viable market opportunity.
  • Be an innovative business idea, Product or Services.

  • Transfer knowledge with Skills and Technologies within Nigeria

  • Contribute to employment creation. Such number of jobs created by end of the program should not have detrimental environmental or social impact.

  • At least one of the founders should be a university or college graduate or hold a diploma in a field relevant to their proposed role in the startup.

  • Have a qualified management team or the willingness to build one.

  • Commitment to stay at NCDMB incubator facility for at least 6 months. One of the team members need to commit full time so they can be coached and mentored.

Be legally compliant-with relevant legislation.

In the event there is competition for limited space or Incubator resources, preference will be given to businesses that have no direct competition with an existing startup.

NCDMB TIIC

Entry Decisions

All applications are sorted, screened, and initial interview conducted by the NCDMB TIIC management team. Selected start-ups are recommended for further screening and interviews by a select panel of expert NCDMB advisory board.

Final decision on selection of the startups is made by the NCDMB Research and Development Executive Board, chaired by The General Manager, NCDMB Research and Development, comprising of key stakeholders from public, social and private sectors.

The above-mentioned business ideas and skills include HSSE, engineering, technology development, geology & geophysical studies, local materials substitution & renewable energy, behavioral science, and learning innovation.
The startup should be based in or willing to setup in Nigeria. All businesses need to be at NCDMB headquarters in Yenagoa during the innovation and incubation phases (six months).

Following the Executive Board approval, the approved startups are invited to enter into an agreement with NCDMB TIIC and occupy their offices at the facility for a period of 6 months; NCDMB TIIC management serves them during this accelerated incubation period.

Timeline for NCDMB TIIC Startup Applications

  1. Application deadline (including Screening, Test & Interview): 28th February 2022
  2. NCDMB Executive Board approval by: 31st March 2022
  3. Recruitment: 1st May 2022
  4. Onboarding: 1st June 2022
  5. Incubation duration: 6 months

Incubates are provided with a free office space, accommodation, and necessary logistics; fiber optic internet connection through Wi-Fi and LAN connecting each unit office. Laboratory and library services will also be provided to enable accelerated skills and knowledge transfer.

Incubates are provided with mentoring and coaching, including:

  1. a) Assistance in Business Plan preparation
  2. b) Business counseling, financial, legal, business valuation and advisory services

Incubates are provided with support in promotion and marketing support.

In accelerated incubation and post-incubation phases, incubates are supported to access to funding, and market through various networking and business match-making events.


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