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The startup scene in Nigeria

Ibadan’s documented innovation activity includes agricultural research and enterprise: IITA identifies Ibadan as its headquarters and describes its agricultural research and development remit as spanning West Africa. Its Ibadan Genetic Resources Center houses crop germplasm collections. IITA dates the launch of its Youth Agripreneurs agribusiness incubation program in Ibadan to August 2012. (Claims 107521, 107522, 107526, 107552)

Country
Nigeria
Population
3,649,000
Time zone
Africa/Lagos
Fig. 976 · Talking drum

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Ibadan’s documented innovation activity includes agricultural research and enterprise: IITA identifies Ibadan as its headquarters and describes its agricultural research and development remit as spanning West Africa. Its Ibadan Genetic Resources Center houses crop germplasm collections. IITA dates the launch of its Youth Agripreneurs agribusiness incubation program in Ibadan to August 2012. (Claims 107521, 107522, 107526, 107552)

Local company examples span agricultural technology and food ordering. Crop2Cash’s official history dates its founding to May 18, 2018, records its 2018 FCMB-Wennovation Agritech Demo Day win, and lists an office in Ibadan as well as one in Kaduna. The company describes CashCard for digital payments and financial identities for rural Nigerian smallholders, and Farm Advice as AI-assisted agricultural advice in local languages through a toll-free phone line. (Claims 107507, 107508, 107509, 107511, 107549, 107550)

Y Combinator lists Heyfood’s location as Ibadan, reports that it was founded in 2022, and records its participation in the Winter 2022 batch. Heyfood’s official page offers restaurant meal ordering. These listings describe the company and its offering, not verified financial performance. (Claims 107502, 107503, 107504, 107548)

Ibadan’s institutional and support landscape includes the University of Ibadan’s CEI, whose mandate includes entrepreneurship training and support for student-owned startups, and DVC RISP, which describes routes for research IP protection and commercialization through licensing or spinout creation. Local community and enterprise examples include Ibadan Tech Hub, which identifies a Kotlin user community, and CEID Hub, which describes GEIP as a 17-week green-venture incubation program. These published offerings do not establish citywide startup totals or program outcomes. (Claims 107518, 107527, 107538, 107551)

Startup ecosystem standing

Where Ibadan ranks

Rankings that list Ibadan
RankingEditionPositionSince last editionTrustWhat it measures
Global Startup Ecosystem Index (cities)2025#482No prior editionBEcosystem, Activity, Finance, Business Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

5 organizations with a profile

Who's based in Ibadan

Incubators 3

CoSpace Hub logoIncubator

Innovative coworking and startup incubation.

Accelerators 1

MARKETLEAG logoAccelerator

Empowering African inventors through IP and technology transfer.

Venture studios 1

Flywox Studio logoVenture studio

Building and selling tech-enabled businesses.

Pick what describes you

Your way in

From public sources

What the sources say about Ibadan

Questions about Ibadan

How does Ibadan rank as a startup ecosystem?

Its best position is #482 in StartupBlink Index (cities) (2025).

Are there accelerators or incubators in Ibadan?

Yes. Ibadan has 1 accelerator, 3 incubators and 1 venture studio on record, including MARKETLEAG, Vergold Digital Hub and Flywox Studio.

Geographic proximity

Nearby cities to Ibadan

All cities in Nigeria

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