Applications for the Flour Mills Nigeria (FMN) Prize for Innovation 2024 are currently being accepted. This is a rare opportunity for Nigerian citizens to have a big influence in the food and agro-allied industries. This program, which is in its third season, aims to find and assist innovative thinkers who are actively assisting Nigeria in becoming self-sufficient in food. This competition might be your ticket to not just showing off your creative ideas but also taking home hefty cash prizes, whether you’re a student or a business owner.
Prizes and Categories
First Class: Registered Companies
Micro, Small, and Medium-Sized Enterprises (MSMEs) operating in Nigeria’s food production and agro-processing industries are qualified.
Awards:
- First Prize: NGN 5,000,000
- Prize runner-up: NGN 3,000,000
- Third Place: NGN Two Million
Category 2: Students from Nigeria
Students in Nigeria pursuing undergraduate and graduate degrees are eligible.
Awards:
- Initial Award: NGN 300,000
- Second Place: 200,000 NGN
- Prize for third place: NGN 100,000
Qualifications
All-Ages Qualifications
- Available to Nigerian citizens who are at least 18 years old.
- excludes anyone associated with the competition’s organization or judging panel, as well as the organizer’s family members.
- No Entrance Fee: Admission is free; no purchase is required.
- Each person may only submit one entry; entries from the same person more than once will be discarded.
Particular Standards for Class 1
- To increase Nigeria’s food output, your invention should concentrate on precision agriculture.
- Your project needs to have a business or social goal, a proof-of-concept, and a scaling strategy.
Particular Requirements for Category 2
- Precision agriculture in the food and agro-allied industries should be the focus of innovations.
- Concepts must have a social or business goal in addition to a proof of concept.
How to Apply for the Innovation Award from Flour Mills Nigeria
Businesses in Category 1 may apply here.
Students in Category 2 should apply here.
Additional Details
Go to the FMN Prize for Innovation website for additional information on the contest, rewards, and application procedure.
Last Day
Recall that the deadline for applications is February 15, 2024. Don’t pass up this fantastic opportunity to present your creative solutions and perhaps win big funding for your concepts.
Finally
The Flour Mills Nigeria (FMN) Prize for Innovation 2024 is an opportunity for you to support the growth of agro-allied industries and food security in Nigeria, not just a competition. This is your chance to take your innovative precision agriculture idea to the next level and get the attention and backing its merits. Apply today to join us on this innovative and sustainable adventure across Nigeria’s agro-sector.
Source: Allschoolabs, Myschoolgist
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