Apply for the FMN Prize for Innovation food in the Food and Agro-allied business in Nigeria (Up to N5m cash award))

The FMN Prize for Innovation in the food and agro allied businesses initiative was created to inspire fresh ideas and advancements in the food and agro-allied sector in Nigeria and beyond, with a focus on how these can contribute to a sustainable food system in Nigeria. This years theme is: Driving Food Self-Sufficiency in Nigeria Through Precision Agriculture

In its 3rd season, the FMN – PFI will specifically seek out innovators within the food and agro-allied sector who are actively and creatively working towards achieving food self-sufficiency in Nigeria.

The PFI management team, on behalf of the Group, will carefully evaluate and test the processes employed by these individuals and organizations, and provide the winning ideas/content with the necessary resources and support to enhance their business sustainability in a progressive manner.

If you are a registered food or agro-allied business in Nigeria, or a student with a keen interest in the food and agro-allied industry, then you should definitely participate in the second edition of FMN’s Prize for Innovation.

This year’s edition aims to discover innovative approaches to developing and increasing the utilization of local materials in the food industry, in order to meet the growing demands of the local market.

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

Eligibility

• To be eligible for this opportunity, your business must fall under the category of Micro, Small, and Medium Scale Enterprises (MSMEs) that are registered in Nigeria and operate in the agro-processing and food production space.
• We are looking for big ideas and innovative solutions that focus on the use of precision agriculture to enhance food production in Nigeria’s food and agro-allied sector.
• Your idea should not only have a solid proof-of-concept but also serve a social or commercial purpose.
• Additionally, it should come with a clear roadmap to scale its impact.

Category 2: Nigerian Students (Undergraduates & Post Graduates) CLICK TO APPLY

• Eligibility
  This opportunity is open to Nigerian students at both the undergraduate and postgraduate levels.
• We are looking for your big idea and innovative solution that focuses on the use of precision agriculture to enhance food production in Nigeria’s food and agro-allied sector.
• Your idea should have a solid proof-of-concept and serve a social or commercial purpose.
• Additionally, it should come with a clear roadmap for scaling up.

Application process – CATEGORY 1

• To apply for  CATEGORY 1, visit this form
• Complete the form  before 15th of February 2024.
• Upload your 60-second video and your short presentation on your Innovative techniques for Driving Food Self-Sufficiency  Through Precision Agriculture
• Your presentation must clearly indicate how the idea will utilize precision agriculture to boost food production in the food and agro-allied sector.
• Your entry must be accompanied by your proof of Business registration.

Application process = CATEGORY 2

• To apply for CATEGORY 2, visit this form
• Complete the form before the 15th of February 2024.
• Upload your 60 seconds video about your Innovative techniques for Driving food self-sufficiency in Nigeria through precision agriculture
• Your presentation must clearly indicate how your idea will facilitate the use of precision agriculture to drive food self-sufficiency within  food value chain.
• Participants are encouraged to post their entries on social media – Follow and tag @FMNGroup and get your as many of  friends as possible to engage the post

Benefits

• Winners stand the chance to win cash prices from FMN  as followsL
• N5 million
• N3 million
• N2 million
• Plus other benefits
• For more details visit the official website