Enugu has 20 startups in our sample database. This represents about 2% of Nigeria’s startups. Enugu is the 4th best startup ecosystem in Nigeria.
In 2024, the startup scene of Enugu developed considerably and increased in the Global Ecosystem Index by 144 spots.
4 startups
The health check tables allow you to look at the performance Enugu has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Startup Funding in Enugu 2017 - 2024
From 2022 to 2023, startup funding in Enugu has increased by 192.91%. During this period, the number of deals in Enugu has increased by 50%. Since 2017, total startup funding in Enugu exceeded US$ $12.94M.
Average Funding in 2023
$537.58K
Funding in 2023
$3.23M
Deals in 2023
6
USD
Amount of Funding (USD)
Number of Deals
Enugu is ranked within the top 1000 startup ecosystems globally.
Enugu’s startups excel particularly in Energy & Environment where it ranks 207 and in Energy & Environment, and Edtech. Find out more
Within Enugu there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Energy & Environment, Edtech. These three industries represent about 55% of the startups represented on the Startup Ecosystem Map of Enugu.
Enugu is Nigeria's 4th best startup ecosystem and is ranked 9th in Western Africa. With a population of 0.5M - 1M people, Enugu is ranked 697th in the world. The city has some notable startup success stories including Xend Finance.
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A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]