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FMN prize for Innovation 2024 (Up to N5,000,000)

FMN prize for Innovation 2024 (Up to N5,000,000)

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Country: Nigeria
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Flour Mills (FMN) prize for Innovation 2024 (Up to N5,000,000)

2024 FMN Prize for Innovation initiative was established to encourage new ideas and innovations in the food and agro-allied sector in Nigeria and across the continent and how these can impact and enable a sustainable food system in Nigeria.

The 3rd season of the FMN – PFI will focus on discovering innovators within the food and agro-allied sector that are actively and innovatively driving the attainment of food self-sufficiency in Nigeria.

Categories for FMN prize for Innovation 2024

  • Category 1: Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)
  • Category 2: Nigerian Students (Undergraduates & Post Graduates)

Check:  The Initiative for Transitional Justice in Africa (ITJA) 2024

Categories and Prizes

Category 1: Registered Businesses

  • Prizes:
    • First Prize: NGN 5,000,000
    • Second Prize: NGN 3,000,000
    • Third Prize: NGN 2,000,000

Category 2: Nigerian Students

  • Prizes:
    • First Prize: NGN 300,000
    • Second Prize: NGN 200,000
    • Third Prize: NGN 100,000

Also Check: ICANN80 NextGen@ICANN Program 2024 (Funded)

Eligibility for FMN prize for Innovation 2024

General Eligibility

  • Open to residents of Nigeria aged 18 or over.
  • Excludes employees of the organiser, their relatives, and anyone connected with the organisation or judging of the competition.
  • No Entry Fee: Free to enter; no purchase necessary.
  • One Entry Per Person: Multiple entries from the same individual will be disqualified.
  • Micro, Small, and Medium Scale Enterprises (MSMEs) that are registered in Nigeria and operate in the agro-processing and food production space.
  • Your big idea and innovative solution must address the use of precision agriculture in boosting food production in Nigeria’s food and agro-allied sector.
  • Your idea should have a solid proof-of-concept, a social or commercial purpose, and a clear roadmap to scale.
  • Nigerian Students (Undergraduate and Postgraduate levels)
  • Your big idea and innovative solution must address the use of precision agriculture in boosting food production in Nigeria’s food and agro-allied sector.
  • Your idea has a solid proof-of-concept and a social or commercial purpose.

Specifications

Type of Opportunity Competitions and Awards
Deadline15 February,2024
CountryNigeria
OrganizerFMN

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