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Flour Mills of Nigeria Prize for Innovation 2023 (N5,000,000 prize)

Applications are now open for the Flour Mills of Nigeria Prize for Innovation 2023. Here’s how to apply:

Deadline: January 5, 2023

Applications are open for theย Flour Mills of Nigeria Prize for Innovation 2023. The FMNโ€™s Prize for Innovation aims to highlight new and imaginative ways to achieve sustainability in Nigeriaโ€™s food value chain.

This yearโ€™s campaign is designed to facilitate the promotion of local content development in Nigeriaโ€™s food & agro-allied sector, to encourage sustainable food production. Participants in this yearโ€™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.

Categories

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

Prize

  • Stand the chance of winning the star prize of N5 million.

Eligibility

Category 1: Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)

  • 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 Nigeriaโ€™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 Nigeriaโ€™s food and agro-allied sector.
  • Your idea has a solid proof-of-concept and a social or commercial purpose.

Evaluation Criteria

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

  • Complete the form on or before January 5, 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
  • For Category 1 applicants, your entry must be accompanied by proof of registration
  • Participants are encouraged to post their entries on social media โ€“ Follow and tag @FMNGroup and get your friends to engage the post

Apply to your category:ย Category 1ย |ย Category 2

For more information, visitย FMN Prize.

 

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