FMN Prize for Innovation Competition 2023

Flour Mills of Nigeria Plc has launched the second edition of her annual Prize for Innovation competition. FMN’s Prize for Innovation aims to highlight new and imaginative ways to achieve sustainability in Nigeria’s food value chain.

This year’s campaign is designed to facilitate the promotion of local content development in Nigeria’s food & agro-allied sector, to encourage sustainable food production.

Participants in this year’s contest will develop novel solutions to facilitate a paradigm shift from dependence on imported raw materials to developing local capacities for the purpose of sustaining local communities.

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

FMN Prize for Innovation Competition

Aim and Benefits of FMN Prize for Innovation Competition

FMN’s Prize for Innovation aims to highlight new and imaginative ways to achieve sustainability in Nigeria’s food value chain.

FMN’s Prize for Innovation is in two categories with the chance of winning the star prize of N5 million.

Requirements for FMN Prize for Innovation Competition Qualification

FMN’s Prize for innovation is looking for solid ideas for improving local content development through previously untapped resources and technologically powered solutions to reduce dependence on food importation in the food and agro-allied sector in Nigeria.

Category 1

• 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 should address a shift from dependence on raw materials import to prioritize local content usage 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.

Category 2

• Nigerian Students (Undergraduate and postgraduate level)
• Your big idea and innovative solution must address a shift from dependence on raw materials import to prioritize local content usage in Nigeria’s food and agro-allied sector.
• Your idea has a solid proof-of-concept and a social or commercial purpose.

All entries will be evaluated according to the following criteria:

• Ingenuity of the ideas
• Social / commercial purpose of the idea
• Thoroughness of research 
• Impact & Scalability
• Likelihood of the success of the enterprise

Application Deadline

How to Apply

Category 1

Application Process

• To apply, visit this form
• Complete the form on or before the 5th of January 2023.
• Upload a 60 seconds video and a short presentation on your Innovative techniques for local content development in the food and agro-allied sector
• Your presentation should clearly indicate how your idea will facilitate the use of local content within the Nigerian food value chain.
• Your entry must be accompanied by proof of registration.

Category 2

Nigerian Students (undergraduate and postgraduate level) Application process

• To apply, visit this form
• Complete the form on or before the 5th of January 2023
• Upload a 60 seconds video on your Innovative techniques for local content development in the food and agro-allied sector
• Your presentation should clearly indicate how your idea will facilitate the use of local content 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 

For more details, visit FMN website.