National Innovation
Capacity Study
RICC's mandate is to forge a coordinated National Policy and Framework that translates research and innovation outputs into market‑ready products and services. The long-term strategic target is to evolve an academia–industry–government nexus for sustainable national socioeconomic growth and development.
Study Overview
What Is This Study?
This is a landmark diagnostic initiative commissioned by the Ministry of Education and TETFund under the Research, Innovation and Commercialisation Committee (RICC). Its purpose is to produce Nigeria's first comprehensive evidence-based map of the country's innovation financing architecture — documenting who funds what, at what stage, through what mechanisms, and with what outcomes.
Nigeria faces a critical structural challenge in innovation funding. While statutory funds concentrate heavily on basic research (TRL 1–3), and private capital primarily enters at the market-ready stage (TRL 7–9), the critical middle stages persist without structured support. This gap — encompassing prototype development, laboratory validation, and pilot testing (TRL 4–6) — is chronically underfunded and widely known as the Valley of Death. This study exists precisely to quantify this gap and lay the required groundwork for the National Innovation Commercialisation Fund (NICF), establishing the coordinated National Policy and Framework that will drive sustainable national socioeconomic growth and development.
Your participation directly shapes this outcome. The institutional data you provide will inform policy design, direct public investment allocation, and structure Nigeria's innovation financing framework for the next decade. Findings will be presented directly to RICC Subcommittees, the Federal Executive Council, and key international development partners.
Technology Readiness Level (TRL) Ladder
The TRL framework maps innovations from basic research to full market deployment. Select a zone below to see funding concentration.
The "Valley of Death" Financing Gap
Innovations at TRL 4–6 typically require ₦10–₦100 million in patient capital to validate lab models in real-world environments. This ticket size is too large for standard TETFund university grants, yet too risky for commercial venture capital. The planned NICF is designed specifically to bridge this void.
How It Works
Select Category
Choose the category that best describes your organisation from the options below.
Complete the Survey
Answer targeted questions about research assets, commercialisation capacity, IP management, and funding access.
Drive Market Impact
Your verified responses help forge the coordinated National Policy and Framework that translates research and innovation outputs into market-ready products and services through the academia–industry–government nexus.
Your Institution's Data
Shapes National Policy.
The diagnostic survey requires approximately 10–15 minutes to complete. Ensure you have your institution's general operational and R&D figures accessible.
Select Your Stakeholder Category
Choose the profile that best matches your institution's primary role in the research and innovation ecosystem to begin the tailored diagnostic.
Universities, Polytechnics, Colleges of Education, and Monotechnics
All tertiary education institutions offering higher education and applied training
Research Institutes
Public, private, and sector-specific institutes with formal research mandates
Community / Street-Level Innovators
Individual or group innovators operating outside formal institutions
Industry / Private Sector Organisations
Businesses adopting, demanding, or producing research and innovation outputs
Investors (Capital Providers)
Angel investors, venture capital, private equity, DFIs, banks, and impact investors
Funders (Grant-Makers, Donors, and Philanthropic Organisations)
Non-equity, non-debt funding bodies supporting research and innovation
Incubators and Accelerators
Organisations providing structured incubation or acceleration support to startups
Techno-Fair / Exhibition Organisers
Organisations that run technology fairs, exhibitions, and innovation showcases
Skills and Talent Development Institutions and Platforms
Universities, research institutes, training centres developing innovation talent