NSIA Prize for Innovation Program 2024 ($220,000 Prize)

Can your startup create ground-breaking, tech-enabled solutions in your industry? If the answer is yes, submit your application to NPI 2.0. Up to US$220,000 to be won in prizes and an all expense paid training programme in Silicon Valley, USA.

NSIA Prize for Innovation (NPI) is sponsored by the Nigeria Sovereign Investment Authority (NSIA) to bolster innovation in Nigeria’s digital ecosystem, and support homegrown solutions that can drive socio-economic development. 

NSIA Prize for Innovation: Priority Sectors

The priority sectors for the Programme are: Financial Services, Agriculture, Health, Education, Manufacturing, Logistics & E-mobility, E-commerce & Marketplaces, and Climate. However, applicants that operate outside these priority sectors are still encouraged to apply.

Prizes

Ten (10) finalists will win varying prizes. The top three (3) winners will receive a mix of cash and equity to support their startups. They will receive funds in 75:25 equity and cash mix in exchange for a stake in their company which will be determined after a valuation. The top ten (10) finalists will participate in an all-expense paid, 5-weeks training programme at a top-rated US university in Silicon Valley and also have an opportunity to pitch to angel investors and obtain global exposure.

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Application

Deadline for application is March 3rd, application after this date will not be considered

Apply now for the NSIA Prize for Innovation

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