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How Support Works

Everything you need to know before you support an innovator through the OCIIP Innovation Registry.

OCIIP is a non-profit organisation registered in Nigeria as an Incorporated Trustee. Since 2018, we have supported innovators, inventors, and researchers across Africa and beyond. The Innovation Registry is our public platform for connecting innovators with supporters who want to help bring their work to life.

We are not a crowdfunding investment platform. We do not sell equity, offer financial returns, or operate as a marketplace. Every contribution made through the Registry is a voluntary charitable donation in support of an innovator's work.

1. How your contribution is used

When you support an innovation, your donation is processed by Paystack (a licensed payment processor regulated by the Central Bank of Nigeria) and paid into OCIIP's corporate account. OCIIP then transfers the funds directly to the innovator's OCIIP wallet within 3 business days.

OCIIP retains a 10% administrative fee to cover:

  • Payment processing charges from Paystack and banks
  • Platform maintenance, hosting, and security
  • Compliance and anti-money laundering checks
  • Innovator vetting and verification

The remaining 90% goes directly to the innovator.

2. What you will and will not receive

You will receive:

  • A receipt confirming your donation
  • Access to progress updates from the innovator (at least every 90 days)
  • Updates on OCIIP's wider impact through our annual report

You will not receive:

  • Any financial return on your contribution
  • Equity, shares, or ownership in the innovator's project
  • A promised product, service, or perk in exchange for your donation
  • A refund, except in the case of verified fraud (see section 5)
Please note: Donations made through the OCIIP Registry are charitable gifts, not investments or purchases. You are supporting innovation, not buying into it.

3. How we vet innovators

Before an innovator can receive any support through the Registry, OCIIP verifies:

  • Their identity and contact details
  • That the innovation submission is complete and truthful
  • That the innovator has signed our Innovator Support Pledge
  • That there are no red flags in their submission or history

We continue to monitor every supported innovation. Innovators who fail to provide progress updates, or whose activities raise concerns, may have their ability to receive further support suspended.

4. What we do if something goes wrong

If we receive a report that an innovator has:

  • Used funds contrary to their pledge
  • Misrepresented their innovation
  • Asked a supporter to pay them directly outside the platform
  • Acted in a way that harms supporters or the platform

We will investigate immediately. During the investigation, we may pause further support for that innovation. If we confirm misuse, we will:

  • Suspend the innovator's ability to receive support
  • Notify affected supporters
  • Work with the innovator to return misused funds where possible

5. Refunds

Contributions are voluntary gifts. They are non-refundable once processed, except where a fraud investigation confirms that a donation was obtained through misrepresentation or misuse of the platform. In such cases, OCIIP will make a reasonable effort to return funds to affected supporters.

To report a concern, email info@ociip.org with as much detail as possible. We acknowledge every report within 5 business days.

Read our full Refund Policy โ†’

OCIIP is:

  • Registered with the Corporate Affairs Commission (CAC) as an Incorporated Trustee
  • Registered with the Federal Inland Revenue Service (FIRS) โ€” donations to OCIIP are tax-exempt
  • Registered with the Special Control Unit against Money Laundering (SCUML) โ€” a compliance requirement for non-profits in Nigeria

Donations made through the Registry are not subject to the SEC's Crowdfunding Rules 2021, which apply only to investment-based crowdfunding (equity, profit share, or debt). The OCIIP Registry is a donation-based platform โ€” no financial return is offered or implied.

7. Questions

If anything on this page is unclear, or if you want to verify something about a specific innovation, contact us:

We respond to every inquiry.

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Organizations and institutions that share our commitment to advancing innovation, creativity, and national development in Nigeria.

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