FMN Innovation Prize for Students and SMEs 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.

The Group through the PFI management team will assess, review, and test the processes utilized by these players, and provide winning ideas/content with resources and support needed to boost their business sustainability progressively.

Project Theme: Driving Food Self-Sufficiency in Nigeria Through Precision Agriculture

About Flour Mills of Nigeria Plc

Incorporated on the 29th of September 1960, as a limited liability company and pioneer wheat miller in Nigeria, Flour Mills of Nigeria Plc (FMN) started out on a journey that has seen the company evolve into what is now one of the biggest brands in the foods and agro-allied industry in Africa. Over the years, the FMN brand grew tremendously from operating as a single business, flour miller, to a vast business group with strategic investments that cover key sectors of the Nigerian economy. The group’s operations can be categorized into four major sectors of Food, Sugar, Agro-allied, and S... read more

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

FMN Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)

Aim and Benefits of FMN Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)

• 1st – N5,000,000
• 2nd – N3,000,000
• 3rd – N2,000,000

Requirements for FMN Registered Businesses (Micro, Small & Medium Scale Enterprise Owners) Qualification

• 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.

Interview date, Process and Venue for FMN Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)

• Upload a 60-second video and a short presentation on your Innovative techniques for Driving Food Self-Sufficiency in Nigeria Through Precision Agriculture
• Your presentation should clearly indicate how your idea will utilize precision agriculture to boost food production in Nigeria's food and agro-allied sector.
• Your entry must be accompanied by a proof of Business registration.

Application Deadline

FMN Nigerian Students (Undergraduates & Post Graduates)

Aim and Benefits of FMN Nigerian Students (Undergraduates & Post Graduates)

• 1st – N5,000,000
• 2nd – N3,000,000
• 3rd – N2,000,000

Requirements for FMN Nigerian Students (Undergraduates & Post Graduates) Qualification

• 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.

Interview date, Process and Venue for FMN Nigerian Students (Undergraduates & Post Graduates)

• Upload a 60 seconds video on your Innovative techniques for Driving food self-sufficiency in Nigeria through precision agriculture
• Your presentation should clearly indicate how your idea will facilitate the use of precision agriculture to drive food self-sufficiency within the Nigerian food value chain.
• Participants are encouraged to post their entries on social media – Follow and tag @FMNGroup and get your friends to engage the post

Application Deadline

How to Apply

For more details,visit FMN website