RICC Logo
RegisterSign In
Research, Innovation & Commercialisation Committee

National Innovation Capacity Assessment

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.

Academia-Industry-Government Nexus
National Policy Framework
Market-Ready Products Focus

Initiative Overview

Commissioned ByMinistry of Education & TETFund
Core FrameworkTechnology Readiness Levels (TRL)
Assessment FrameworkInnovation Capacity Ecosystem Matrix
Critical Gap FocusThe 'Valley of Death' (TRL 4–6)
Proposed SolutionNational Research to Commercialisation Policy
Active Period2025 – 2026
About This Initiative

What Is This Initiative?

This is a national digital infrastructure initiative commissioned by the Ministry of Education and TETFund under the Research, Innovation and Commercialisation Committee (RICC). Its purpose is to establish Nigeria's first continuously updated evidence base for 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 initiative 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. Insights from this platform continuously inform RICC Subcommittees, the Federal Executive Council, and key international development partners.

Understanding the Framework

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.

1
2
3
4
5
6
7
8
9
⚠️

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.

Participation Process

How It Works

STEP 01

Select Category

Choose the category that best describes your organisation from the options below.

STEP 02

Complete the Survey

Answer targeted questions about research assets, commercialisation capacity, IP management, and funding access.

STEP 03

Drive Market Impact

Your verified data enters Nigeria's national innovation registry — powering the matching engine that connects innovations to funding, industry, and commercial partners.

Join Nigeria's Innovation Platform

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.

Are you an innovator? Register here·Already registered? Sign in

RICC Logo
RICC Project

The Research, Innovation and Commercialisation Committee (RICC) is a strategic initiative forging a coordinated National Policy and Framework to transform research outputs into market-ready products and services, driving Nigeria's transition to a knowledge-based economy for sustainable national socioeconomic growth and development.

Contact RICC

Quick Links

Participate

Your data powers Nigeria's national innovation matching and funding platform.

© 2026 Research, Innovation and Commercialisation Committee (RICC). All rights reserved.

Privacy PolicyTerms of ServiceAccessibility (Coming Soon)
Online