Cascador Pitch Day 2026: Over $5M Deployed to Seven Transformative & Impactful Entrepreneurs in Nigeria

Cascador Pitch Day 2026: Over $5M Deployed to Seven Transformative & Impactful Entrepreneurs in Nigeria

Lagos, Nigeria

Cascador, an Africa-focused platform for growth-stage founders building businesses with social impact, hosted its second annual Pitch Day on June 3rd, 2026, following a successful inaugural event last year.

Over $5M of growth capital was deployed to seven innovative African entrepreneurs, who pitched their vision and growth strategies before an influential audience of business leaders and a distinguished panel of judges.

This year’s event brought together more than 300 investors, lenders, mentors, and ecosystem builders for high-value conversations with founders scaling impactful companies across Nigeria.

Pitch Day is the culmination of Cascador’s annual Catalytic Fund deployment cycle, a funding initiative that provides up to $5M per year in tailored support to Cascador’s ScaleUp alumni through a blend of debt and equity investments, while celebrating the entrepreneurs who have grown through its ecosystem.

Finalists were selected based on their ability to absorb and multiply the value of capital, education, and networks, as well as their potential for social impact, including job creation and service to underserved communities.

Deina Mayaki of Agriarche, the largest funding recipient from the 2026 Catalytic Fund, shared her experience.

“Cascador’s ScaleUp program built upon my team’s ability to translate learning into action by helping us refine our message and market position, adjust our funding strategy, and adapt without defensiveness.

“The Catalytic Fund due diligence team assessed Agriarche’s financial strength, resourcefulness, and track record of success, and they rewarded our high-potential for scale and impact today by awarding a new N2.5B credit facility to power our growth,” she said.

The 2026 Pitch Day Funding Recipients:

● Deina Mayaki (Agriarche) – Debt ₦2.5B ($1.7M)

● Deborah Gael (Koolboks) – Debt ₦2B ($1.4M)

● Okey Esse (Powerstove) – Debt ₦1.8B ($1.2M)

● Daniel Komolafe (First Electric) – Debt ₦500M ($357K)

● Femi Oyewole (Fortics) – Debt ₦200M ($142K)

● Preston Ideh (Stears) – Equity $450K

● Yinka Iyinolakan (Indigenius AI) – Equity $250K

“In just two years, Pitch Day has awarded more than $9M to growth-stage African founders, helping to build a new generation of entrepreneurs equipped to scale transformative businesses.

“We’re now looking for the next cohort of exceptional founders to join our 2026 ScaleUp program and hope to see them on stage at the next Pitch Day,” Dave DeLucia, Founder of Cascador.

Cascador’s ScaleUp Program works with an elite cohort of entrepreneurs to strengthen leadership, sharpen strategy, and prepare founders to scale sustainably. 

Through this approach, Cascador is helping build the next generation of high-impact African businesses. Since 2019, it has supported 70 companies that have collectively raised more than $125 million.

Applications for the 2026 ScaleUp Program are open until June 15 to transformative leaders ready to take their companies to the next stage of growth by accessing the connections, resources, and capital required to scale their businesses.

Alongside Iyin Aboyeji of Future Africa and Nneke Eze of Vested World, Daniel Ayoede of Verod Capital Management judged the prize competition for Cascador Pitch Day 2026.

Speaking about his experience with Cascador, Ayoede noted: “two years judging Pitch Day, plus a season as faculty for the Cascador ScaleUp program, taught me something the term sheets never capture: capital readiness, not capital, is what turns funding into scale.

The founders on stage today walk away with customer pipelines, team training, mentorship, and bespoke support, the connective tissue that lets them multiply what they raise.

“This is not an accelerator. It is ecosystem architecture, and these founders are its proof.”

Special Prizes Awarded

In addition to investment capital, two entrepreneurs received recognition for innovation and pitch quality, with $10k USD awarded by NSIA as a Prize for Innovation and $10k USD awarded by the judges’ panel for Best Pitch:

● NSIA Prize for Innovation: Indigenius AI

● Best Pitch: Koolboks

Esteemed Panel Session

Pitch Day featured a high-level panel discussion titled “Innovative Capital Deployment Structures in Nigeria,” moderated by Cascador Founder Dave DeLucia and bringing together leading voices across the investment, financial, and public sector ecosystem, including Idris Bello of LoftyInc

Capital, Danladi Verheijen of Verod Capital, Darlington Nwankwo of Sterling Bank, Ada Osakwe of Agrolay Ventures & Nuli, and Ijeoma Taylaur of NSIA.

The session will explore creative capital deployment strategies needed to help growth-stage businesses access patient equity, working capital, concessionary debt, and the strategic support required to scale sustainably.

Two 2025 Catalytic Fund capital recipients shared their performance and impact post-funding.

Babatunde Akin-Moses of Sycamore said: “truly catalytic capital should create companies that eventually no longer need it: That is what it did for Sycamore. Our recent commercial paper raise was oversubscribed by 230%.” And Seyi Adefemi of Drive45, the largest capital recipient last year, shared, “there are founders across Africa solving real problems and building resilient businesses.

“What they often lack is the financial and non-financial support to cross the gap between potential and scale. Cascador helped Drive45 cross that gap.”

Cascador’s alumni are driving innovation, raising investment capital, winning awards, and changing the face of the African economy.

CEOs of growth stage companies across Sub-Saharan Africa who have demonstrated meaningful traction and are ready to take their companies to the next stage of growth are encouraged to apply for the fall Cascador ScaleUp cohort.

About Cascador

Cascador is an Africa-focused platform for growth-stage founders building businesses that make an impact.

Through Cascador ScaleUp, its flagship program, Cascador works with an elite cohort of entrepreneurs to strengthen their leadership and sharpen their strategy, preparing them to scale successfully.

ScaleUp alumni gain exclusive access to the Catalytic Fund, which deploys up to $5M USD in capital annually through a blend of debt and equity investments.

Since 2019, Cascador has supported 70 companies who have collectively raised over $125 million. Today, our alumni are driving innovation, creating jobs, raising investment capital, winning awards, and changing the face of the African economy.

Learn more at www.cascador.org

Cascador Opens Applications to its 2026 ScaleUp Program to Accelerate Africa’s Next Generation of Growth-Stage Founders

Cascador Opens Applications to its 2026 ScaleUp Program to Accelerate Africa’s Next Generation of Growth-Stage Founders

Empowering High-Growth Entrepreneurs with Capital, Guidance, and Tools to Scale

1 April, 2026,  Lagos – Cascador, an Africa-focused platform that unlocks the potential of the region’s most transformative entrepreneurs, has today announced the opening of applications for its 2026 Cascador ScaleUp Program, for an elite class of ambitious founders poised to scale their companies. ​​ Focused on both real economy and technology-enabled ventures, the program equips growth-stage entrepreneurs with the leadership skills, strategic clarity, and network to succeed,  while also preparing founders to apply for $2–5 million annually in debt or equity capital through the Cascador Catalytic Fund.

Cascador will select 12 founders who are leading companies with proven traction for a hybrid experience that will include:

  • Bespoke 1:1 support from investors, African and international experts, and strategic partners
  • Eligibility for follow-on funding through Cascador’s Catalytic Fund, which deploys  $2–5 million annually in growth capital through local currency debt, equity, guarantees, and collateral investments in partnership with Sterling Bank.
  • 12-week program: 2 weeks in-person sessions – including the program kickoff and pitch week, packaged with 10 weeks of virtual sessions for founders and their leadership teams
  • Live Pitch Day, for the chance to be awarded $50k USD in prizes

The application process is two-fold, with a preliminary application requiring 15 minutes to complete, followed by a full application for well-qualified founders. Early submission of the preliminary application is encouraged. Benefits include: personal interviews, exclusive event participation, and early semi-finalist notification for top applicants.

Applications are open now and close on June 15, with the program commencing on August 15.

“Entrepreneurs are the engines of change. At Cascador, our goal is to help accelerate growth-stage founders who we consider great multipliers, building businesses that transform lives, communities, and markets. This Program is designed to empower impactful ventures on the cusp of scale for social good,”  said Trish Thomas, CEO of Cascador. 

Since 2019, Cascador has supported 70 ventures that have collectively raised $125 million in capital. In 2025 alone, Cascador’s alumni created over 67,000 job opportunities and delivered essential products and services to more than 1.7 million customers. The 2026 program aims to multiply this impact by supporting a new generation of business leaders who are ambitious, adaptable, and capable of using both knowledge and capital to scale high-performing companies that deliver meaningful, lasting social and economic impact.

“The ScaleUp program is designed to back entrepreneurs who see possibilities where others see limits; they are the ones redefining Africa’s future. Even with great vision, committed teams, and market-fit products, there are a myriad of challenges to navigate as a business. Cascador provides the customized, structural support they need to overcome obstacles, scale with confidence, and create lasting impact across Africa,” commented David DeLucia, Co-Founder of Cascador 

Cascador has developed a personalized approach to growth acceleration that engages the founder and their leadership team in targeted knowledge-sharing, high-value introductions, advisory support, and resource allocations that enable rapid scale. Today, Cascador boasts 7 successful cohorts, including Babatunde Akin-Moses (Sycamore), Joycee Awosika (ORÍKÌ), Samson Ogbole (Soiless Farm Lab), Ayoola Dominic  (Koolboks), Andrew Airelobhegbe  (Lenco), Adeola Alli (OneHealth), Seun Alley  (Fez Delivery),  Seyi Adefemi (Drive45 Mobility), and many others, who are driving innovation, creating jobs, raising investment capital, winning awards, and changing the face of the African economy.

 

Cascador has given me the clarity to lead more effectively and strategically,” reflected Oluwaseyi Adefemi, Co-Founder and CEO of Drive45Mobility and recipient of N2bn in funding in 2025 and the Exemplary Cascador Award 2024.My forward-thinking approach is now ten steps ahead, and I’m making decisions with greater discipline. The program challenged me to think bigger, refine my vision, and build systems that allow my business to grow sustainably. Today, I lead with greater purpose, and I’m better equipped to scale my impact,” he added. 

Applications are open now and close on June 15, with the program commencing on August 15. An in-person Open House event will also be held on April 29 in Abuja and on May 5 in Lagos, providing applicants with additional information on the program, Q&A sessions with alumni and networking opportunities. Please check the website for further details.

– ENDS – 

About Cascador

Cascador is an Africa-focused platform for growth-stage founders building businesses that matter. Through Cascador ScaleUp, its flagship program, Cascador works with an elite cohort of entrepreneurs to strengthen their leadership and sharpen their strategy, preparing them for responsible scale. By connecting successful ventures to the networks, capital, and strategic support required to grow, Cascador is helping build the next generation of enduring African businesses. Since 2019, Cascador has supported 70 founders who have collectively raised over $125 million and created almost 67,000 jobs in 2025 alone. Learn more and apply at www.cascador.org.

Cascador Appoints Oyin Solebo as COO to Drive Scale and Operational Excellence Across African Ventures

Cascador Appoints Oyin Solebo as COO to Drive Scale and Operational Excellence Across African Ventures

Lagos, Nigeria – March 25, 2026 – Cascador today announced the appointment of Oyin Solebo as Chief Operating Officer, bringing on a proven builder with deep experience scaling startups and deploying capital across Africa. Her appointment signals a strategic shift toward strengthening the systems, discipline, and infrastructure required to help growth-stage companies scale sustainably.

Solebo is a seasoned investor and ecosystem builder with deep experience across venture capital, startup acceleration, and corporate innovation in Africa. She previously served as Managing Director of the ARM Labs Lagos Techstars Accelerator,  where she led investments in and supported high-growth startups across multiple sectors. Across her career, she has built a reputation for translating bold vision into disciplined execution, helping companies move from traction to true scale.

Her appointment marks a critical step in Cascador’s evolution—from a leadership-focused program into a platform designed to systematically scale high-impact companies.

“Oyin is a force multiplier,” said Trish Thomas, CEO of Cascador. “She understands what it takes to build and run organizations that endure. As we expand our focus from developing founders to scaling companies, her operational expertise will be instrumental in helping us deliver on that vision.”

Cascador’s model is grounded in a clear thesis: backing founders who can multiply the value they receive, turning education into execution, and capital into lasting economic and social impact.

Through its ScaleUp Program, Cascador equips growth-stage entrepreneurs with the leadership skills, strategic clarity, and access to catalytic capital required to scale sustainably. The program is designed for founders with proven traction—those capable of absorbing significant investment and deploying it effectively to drive growth, job creation, and long-term resilience.

Solebo’s experience sits squarely at this intersection of leadership, capital, and execution.

“In Africa, we don’t have a shortage of founders, we have a shortage of companies that successfully scale,” said Solebo. “The difference lies in systems, discipline, and the ability to deploy capital effectively. Cascador has built a powerful foundation by investing in people. The opportunity now is to extend that into building stronger companies that can absorb capital, institutionalize operations, and grow sustainably.”

As Chief Operating Officer, Solebo will focus on strengthening Cascador’s operational infrastructure and scaling its platform capabilities. This includes optimizing program delivery, deepening alumni support, and building systems that enable founders to transition from learning to execution and from execution to scale.

Her role will be particularly critical in advancing Cascador’s ScaleUp Program and Catalytic Fund, which deploys $2–5 million annually in tailored financing to high-performing alumni. The fund is designed not simply to extend their runway, but to back “resource multipliers”:  ventures that can transform capital into durable financial performance and measurable impact.

Dave DeLucia, Founder of Cascador, emphasized the strategic importance of the appointment: “Cascador has always been about multiplying impact through entrepreneurship. With Oyin, we are strengthening our ability to ensure that the hard work of our team and the deployment of capital ultimately translates into scaled, enduring businesses. She brings the operational discipline and ecosystem insight needed to take us to the next level.”

Solebo also highlighted Cascador’s unique positioning within the African ecosystem. “What makes Cascador different is its focus on multipliers—founders who can take what they learn and amplify it across their companies, teams, and markets,” she said. “If we can consistently support those founders with the right combination of education, networks, and capital, the ripple effects are enormous—more jobs, stronger industries, and a more resilient economy.”

Looking ahead, Solebo aims to position Cascador as a long-term scaling partner for its entrepreneurs. “We are building more than a program. We are building a platform,” she said. “A platform that identifies high-potential founders, equips them to lead, and then supports them with the financial and non-financial resources required to scale. If we do this well, we won’t just transform individual companies—we’ll shape the future of the African economy.”

Her appointment underscores Cascador’s ambition to become a central engine for entrepreneurial scale in Africa where leadership, capital, and execution come together to unlock lasting impact.

About Cascador
Cascador is an Africa-focused platform for growth-stage founders building businesses that matter. Through Cascador ScaleUp, its flagship program, Cascador works with an elite cohort of entrepreneurs to strengthen their leadership and sharpen their strategy, preparing them for responsible scale. By connecting founders to the networks, capital, and strategic support required to grow, Cascador is helping build the next generation of enduring African businesses. Since 2019, Cascador has supported more than 70 entrepreneurs who have collectively raised over $125 million and created almost 40,000 jobs in 2025 alone. 

Learn more about Cascador or apply at www.cascador.org. 

 

For media inquiries and additional information, please contact:

Amanda Etuk
Program Director, Cascador
amanda@cascador.org
+234 2013309272

Cascador unveils 2025 cohort: Eleven visionary leaders driving Africa’s transformation

Cascador unveils 2025 cohort: Eleven visionary leaders driving Africa’s transformation

 Cascador, Africa’s premier accelerator for mission-driven entrepreneurs, proudly announces its 2025 Cohort. The eleven founders selected this year are addressing some of Nigeria’s most urgent challenges—from livestock management and mental health to clean energy and digital inclusion—leveraging tools like artificial intelligence, blockchain, and solar power.

Selected from more than four hundred qualified applicants nationwide, these changemakers exemplify the spirit of Nigerian innovation: resilient, bold, and deeply committed to impact. With 40% female representation and strong inclusion from northern regions of the country, the 2025 cohort reflects the diversity and promise of Africa’s next generation of business leaders.

Meet the trailblazers of Cascador 2025

  • Deina Mayaki (Agriarche) – Empowering farmers, aggregators, and food processors with integrated access to markets, finance, data, and climate-smart solutions.
  • Yinka Iyinolakan (CDIAL) – Empowering last-mile customer engagement through multilingual voice AI.
  • Uzoamaka Igweike (Loom Craft Chocolate) – Elevating Nigerian cocoa into premium chocolate while creating jobs and retaining local economic value.
  • Ayoola Dominic (Koolboks) – Bringing solar-powered refrigeration to off-grid and underserved communities.
  • Okey Esse (Powerstove Energy) – Providing clean cookstoves that also generate electricity for household use.
  • Aisha Rilwan (Grabb247) – Digitizing Nigeria’s livestock trade with an AI-powered marketplace for transparent, fair and healthy animal sourcing.
  • Daniel Komolafe (First Electric) – Making clean energy accessible and affordable by deploying mesh grid solutions in rural communities across Nigeria.
  • Taslim Salaudeen (Milsat Technologies) – Maps and distributes Africa’s hard-to-find datasets—empowering smarter decisions, equitable access, and transformative growth.
  • Dare Odumade (Chekkit Technologies) – Web3 and AI-powered B2B2C supply chain traceability infrastructure
  • Aisha Bubah (The Sunshine Series) – Promoting mental healthcare through culturally-rooted and community-driven care
  • Femi-Oyewole Toluwalope (Fortics) – Transforming healthcare access and outcomes, Fortics Lifecare Group delivers comprehensive, tech-backed solutions through data, insurance, and robust financial systems.

“Cascador is a dream come true,” shared Aisha Bubah, Founder of The Sunshine Series. “I’m eager for deep, honest conversations that push me to grow as a leader and to learn from other entrepreneurs who are also transforming lives through purpose-driven work.”

“Through Cascador, I hope to become a stronger leader, someone who can scale a thriving company and communicate a clear, compelling vision for impact,” said Uzoamaka Igweike, Founder of Loom Craft Chocolate.

“I’m hoping to grow as a leader by sharpening my people and policy skills, while also tapping into the network to open new markets and learn directly from other experienced African founders,” shared Dare Odumade, Founder and CEO of Chekkit.

A program designed for transformational impact

Cascador’s intensive accelerator provides a unique blend of leadership development, operational strategy and investor readiness training. Fellows benefit from:

  • Education and leadership development;
  • One-on-one mentorship with seasoned entrepreneurs and business leaders;
  • Cross-sector peer learning and collaboration;
  • Strategic networking with investors, partners, and industry experts; and
  • Eligibility for future Catalytic Fund capital funding as a program alumnus.

“At Cascador, we believe the future of Africa will be shaped by bold entrepreneurs with the vision to solve real problems and the grit to scale their solutions,” said Trish Thomas, CEO of Cascador. “This year’s cohort reflects that promise—diverse in geography, sector and approach, but united by purpose and the courage to lead.”

Advancing a new generation of leaders

Since launching in 2019, Cascador has supported over 60 entrepreneurs who have collectively raised more than $60 million and created thousands of jobs across Africa. The program’s influence continues to grow, nurturing not only high-impact ventures but the visionary leaders behind them.

“This cohort isn’t just tackling problems—they’re building the systems, solutions, and companies that will define Nigeria’s future,” said Dave DeLucia, Founder of Cascador. “They’re leading with vision and scaling impact in ways that uplift society.”

About Cascador

Cascador is a Nigeria-based not-for-profit organization and entrepreneurial development program focused on developing mid-stage Nigerian entrepreneurs who are scaling mission-driven companies. By combining world-class education, one-on-one mentoring, and personalized support, Cascador empowers entrepreneurs to make a positive impact through job creation, innovation, and development of opportunities for underprivileged and marginalized communities. Learn more about the 2025 cohort, past alumni, and how to support Cascador’s mission at Cascador.org.

Article first published on August 11, 2025 here: Cascador unveils 2025 cohort: Eleven visionary leaders driving Africa’s transformation | TechCabal 

Cascador 2025: Applications Now Open for Nigeria’s Premier Entrepreneurial Development Program

Cascador 2025: Applications Now Open for Nigeria’s Premier Entrepreneurial Development Program

BusinessDay

April 1, 2025

 Cascador, Nigeria’s leading program for developing transformational entrepreneurs, proudly announces the opening of applications for its 2025 cohort. Now in its seventh year, Cascador has established itself as a catalyst for business growth and impact across Nigeria, empowering mid-stage entrepreneurs to scale their ventures while creating meaningful social change.

This year’s program represents Cascador’s most comprehensive and ambitious initiative to date—featuring expanded curriculum, enhanced funding opportunities, strengthened post-program support, and an intensified focus on driving measurable social impact across Nigeria.

“We’re building a powerful force for positive change in Africa’s economic future,” states Dave DeLucia, Cascador Founder. “Our entrepreneurs aren’t just building companies—they’re creating solutions that address critical challenges across Nigeria.”

The 2025 program will provide participants with:

● A comprehensive three-month development experience
● A $5,000 USD professional development stipend
● Access to a powerful network of alumni who have collectively raised over $55M USD
● Expert mentorship from successful Nigerian and American entrepreneurs
● Eligibility to apply for capital from the annual $2M Cascador Catalytic Fund
● Opportunity to compete for $50,000 in program prizes.

Godwin Benson, CEO of Tuteria and 2024 Pitch Competition Winner, shared the impact of his Cascador experience: “The Cascador program literally changed my life and the trajectory of my business. When I came in, I wasn’t satisfied or happy with our rate of growth. Cascador gave me clarity. The mentors we met, the instructors, the faculty—they really helped me see opportunities that I hadn’t considered before.”

Cascador1

The 2025 Cascador program includes:

● 3-day kickoff intensive (September 7-11)
● 6 weeks of virtual learning, real-world application, and advisory support
● Week-long residency at Lagos Business School (November 2-7)
● 6 months of post-program mentorship

A standout feature of the program is the newly established $2M Cascador Catalytic Fund, designed specifically to empower Cascador alumni. Launching in May 2025, this annual fund will provide a tailored mix of debt, equity, guarantees, and collateral investments in partnership with Sterling Bank.

Amanda Etuk, Cascador Program Director and program alumna, emphasizes the program’s distinctive approach: “What sets Cascador apart is our focus on both the founder and the business. We cultivate transformational leaders who can drive sustainable impact while building scalable ventures.”
Amanda Etuk, Cascador Program Director and program alumna, emphasizes the program’s distinctive approach: “What sets Cascador apart is our focus on both the founder and the business. We cultivate transformational leaders who can drive sustainable impact while building scalable ventures.”

● Applications Open: April 1, 2025
● Applications Close: June 1, 2025
● Cohort Announcement: July 15, 2025

“There are very few scaling programs across Africa that focus on two critical things: making you an amazing leader and scaling your business. You can’t find that anywhere else,” notes Chioma Ifeanyi-Eze, CEO of AccountingHub and 2024 Impact Award Winner.

Take Action Now

Entrepreneurs ready to transform their businesses and scale their impact are encouraged to apply immediately. With limited spots available and an increasingly competitive selection process, early applications are strongly recommended.
Apply now at www.cascador.org before the June 1st deadline.

Visit Cascador’s YouTube channel to view testimonials from past participants.

 

About Cascador

Cascador is an annual, intensive program focused on developing mid-stage Nigerian entrepreneurs who are scaling mission-driven companies. Through a unique blend of education, mentoring, and personalized support, Cascador empowers entrepreneurs to make a positive impact through job creation, innovation, and development of opportunities for underprivileged and marginalized communities. Since its launch in 2019, Cascador alumni have collectively raised over $55M USD in capital and are actively transforming their communities for the better.

Cascador deepens Nigerian entrepreneurial ecosystem

Cascador deepens Nigerian entrepreneurial ecosystem

Cascador, a transformative programme for mid-stage entrepreneurs in Africa founded in 2019, has stated that the firm’s ultimate goal is impact.

This was stated during the Alumni Meeting of the company in Ikeja recently.

According to the Founder of Cascador, Dave DeLucia; “Impact can come in a variety of forms: social impact, job creation, innovative solutions to problems, or providing opportunities for women, the poor, or disadvantaged communities to advance. Rather than offering grants or working through NGOs, we have elected to power the entrepreneurs who are solving problems and making an impact through for-profit ventures.” 

He said, “By developing leadership skills, financial acumen, connections, sources of capital and other resources to help them scale, we turbo charge their companies and make their impact possible. We also hope to inspire a spirit of humility, philanthropy and community that drives them to become leaders who give back to their country and community for years to come,” DeLucia added.

Speaking on the programme curriculum in 2024 and how it has bettered the entrepreneurs, Director of Cascador, Trish Thomas stated that “Our cohort members today have a much more expansive learning experience than our early Cascadors. A practical example of the improvement to our curriculum and timeline is that Founders have time to take their education back to their team and apply it in their real-world operating environment.”  

In the past, she said “We taught the importance of knowing your customer and building your products, services and experiences around their needs. Today, our founders have time to complete a 3-week customer research project with their team, share their insights, and get our help in applying their findings to their business model. We also create a more lasting bond between the founders in each cohort through extended interaction, and teach a more holistic curriculum than before.”  

L-R: Cascador Faculty, Dee Abudu; Cascador Co-director, Chidi Okoro; Cascador Program Director, Amanda Etuk; Cascador Founder, Dave Delucia; Cascador Program Director, Trish Thomas; and Cascador Administrator, Patrick Amajama; During the January 2025 Alumni Gathering  in Lagos recently.

In 2024, to demonstrate its commitment to the Nigerian market, Cascador awarded personal development stipends and prizes to cohort members. Ms. Thomas has said “We were very excited to have the funding to provide $5,000 USD stipends to each member of the 2024 Cascador cohort. It’s very difficult to be an entrepreneur in Nigeria today. Lending standards are tough, inflation is high, FX is very unfavourable, and there is not a lot of outside capital flowing in.” 

“We encouraged our entrepreneurs to use this capital for personal and professional development to grow as a leader and access much needed training and support. We conclude each Cascador programme with a pitch day. In 2024, for the first time, we awarded three cash prizes: Impact Award ($20,000 USD): Chioma Ifeanyi-Eze, and Accountinghub. Chioma is transforming digital literacy across Africa through Data Entry Academy, a training programme that is empowering adults with crucial workplace skills. Pitch Competition Winner ($20,000 USD): Godwin Benson, Tuteria. Godwin is revolutionizing access to quality education through an innovative tutoring platform and curated tutor-student matching that particularly serves children with special learning needs. 

And finally, Exemplary Cascador Award ($10,000 USD): Oluwaseyi Adefemi, Drive45 Mobility. Seyi was honoured by his peers for outstanding leadership, collaboration, and his innovative approach to democratizing vehicle ownership through subscription services” Ms. Thomas revealed.

Speaking of the Cascador Alumni community, Programme Director of Cascador, Amanda Etuk said, “We have always maintained connectivity and advisory level availability to our Cascador alumni, but our support for our alumni community is about to increase dramatically. We have historically hosted regular alumni dinners, mentored on a case-by-case basis, made introductions, and offered guidance on strategy and governance – that will all continue.  

But through additional funding for our endowment in 2024, hiring a full-time team, and engaging more contract professionals, we will have far greater time and resources to develop our Cascador founders. We are still working on the details (announcement coming soon!), but we will be investing and lending substantial capital to our alumni in 2025 and beyond. We will also be providing more ongoing education, networking opportunities, and improved mentorship and services to everyone who has participated in Cascador in the future,” she stated.

On 2025 and new programme features or benefits, she said, “We’re still working out the details on some aspects of our 2025 expansion, but I can share a few things in advance. Our new, expanded Cascador programme will continue this year. The alumni community can expect a much higher level of engagement, education and support from us. And thanks to a large funding infusion into our Foundation, we will be able to annually award loans and investment capital to our alumni. Once we have the details of our capital plan finalized, we will share the news publicly. But suffice it to say that alumni will have some great opportunities coming.” 

Elaborating on the motivation behind the volunteers and effort to developing entrepreneurial leaders in Africa, DeLucia stressed that Nigeria offers such fertile ground for impact! “We love working with entrepreneurs who are smart, motivated, mission-driven and operate successful businesses in a very difficult business environment. “ 

According to him, “Our faculty are committed to making the world a better place and supporting and inspiring the business leaders of tomorrow. It is an honour to share our expertise, wisdom, connections and capital with such dedicated founders who will apply it to solve problems, help others and scale. Our faculty and mentors also hope that their example will contribute to a thriving entrepreneurial ecosystem in Nigeria and a spirit of cooperation and giving back that will lift the entire economy and society.”

About the Cascador Program 

Cascador is an annual, no-cost program focused on business scale and designed for mid-stage African entrepreneurs to grow their businesses and their interpersonal skills by working with successful American and Nigerian entrepreneurs from a wide range of industry sectors, backgrounds and geographic locations.

Interested applicants, partners, sponsors and prospective faculty can learn more and contact the Cascador team at www.cascador.org