The Flour Mills Nigeria (FMN) Prize for Innovation 2024 is now accepting applications, providing a unique chance for Nigerian residents to make a significant impact in the food and agro-allied sector. This initiative, now in its third season, is designed to unearth and support creative minds actively contributing to food self-sufficiency in Nigeria. Whether you’re a business owner or a student, this competition could be your gateway to not only showcasing your innovative ideas but also earning substantial financial rewards.
Categories and Prizes
Category 1: Registered Businesses
- Micro, Small, and Medium Scale Enterprises (MSMEs) in Nigeria’s agro-processing and food production space are eligible.
- Prizes:
- First Prize: NGN 5,000,000
- Second Prize: NGN 3,000,000
- Third Prize: NGN 2,000,000
Category 2: Nigerian Students
- Eligibility: Undergraduate and Postgraduate students in Nigeria.
- Prizes:
- First Prize: NGN 300,000
- Second Prize: NGN 200,000
- Third Prize: NGN 100,000
Eligibility Criteria
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.
Specific Criteria for Category 1
- Your innovation should focus on precision agriculture to boost food production in Nigeria.
- Your idea must have a proof-of-concept, a social or commercial purpose, and a roadmap for scaling.
Specific Criteria for Category 2
- Innovations should address precision agriculture in the food and agro-allied sector.
- Ideas should have a proof-of-concept and a social or commercial purpose.
How to Apply for Flour Mills Nigeria Prize for Innovation
- For Category 1 Businesses: Apply here.
- For Category 2 Students: Apply here.
Further Information
For more details about the competition, prizes, and application process, visit the FMN Prize for Innovation website.
Deadline
Remember, the application deadline is February 15, 2024. Don’t miss out on this incredible chance to showcase your innovative solutions and potentially secure significant financial support for your ideas.
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Conclusion
The Flour Mills Nigeria (FMN) Prize for Innovation 2024 is not just a competition; it’s a platform for you to contribute to Nigeria’s food security and agro-allied development. If you have a groundbreaking idea in precision agriculture, this is your opportunity to bring it to the forefront and gain the recognition and support it deserves. Apply now and be a part of this exciting journey towards innovation and sustainability in Nigeria’s agro-sector.
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