FMN Prize for Innovation Competition

FMN Price for Innovation Competition for Nigeria Startups (N5 Million pRIZE)

Flour Mills of Nigeria Plc, a leading food and agro-allied group in Africa, launched the FMN Prize for

Innovation 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 group strongly believes that an innovation-driven food system is achievable in Nigeria and that it

can contribute to the systematic development of the food value chain and the attainment of the 2030

Agenda for Sustainable Development.

That is why the FMN Prize for Innovation seeks to nurture and support novel ways of thinking, as

well as inventive ideas to resolve existing problems in the food and agro-allied sector.

What we are looking for?

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

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.

Eligibility

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)

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

Eligibility

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.

Related Post: Latest Monthly opportunities you can apply for

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

Note: Only Shortlisted candidates will be contacted.

Deadline for all applications is 5th January 2023

For more information visit FMN Prize for Innovation Website

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