Apply: Flour Mills Prize for Innovation Competition for Nigerian SMEs & Students (N5m grand Prize)
The second of the Flour Mills of Nigeria Plc’s annual Prize for Innovation competition has begun. The objective of FMN’s Prize for Innovation is to draw attention to fresh and creative approaches to achieving sustainability in Nigeria’s food value chain.
The goal of this year’s campaign is to support the development of local content in Nigeria’s food and agro-allied industry and promote the growth of sustainable food production.
In order to assist a paradigm shift away from dependency on imported raw materials and toward the development of local capacities for the aim of supporting local communities, participants in this year’s competition will come up with unique solutions.
If you own a legally operating food or agricultural business in Nigeria or are a student interested in the food and agricultural sector, you should enter the FMN Prize for Innovation, second edition.
In order to address local demands, this year’s edition looks for creative ways to expand and use local materials in the culinary business.
For Category 1: Registered MSME Enterprise Owners read more
Category 2: for Nigerian Undergraduates & Post Graduates Students
Category 1 Application Process
● To apply, visit this form
● Complete the application form on or before January 5th, 2023.
● Upload 60 seconds video and a short presentation on your Innovative techniques for local content development in the food and agro-allied sector
● Your presentation to show vividly how your idea will support and facilitate use of local content in the Nigerian food value chain.
● Your entry must be accompanied by proof of registration such as CAC documents and numbers and your TIN
Category 2 Application process
● To apply, visit this form
● Complete the application form on or before January 5th, 2023
● Upload a video of 60 seconds about your Innovative techniques for local content in the food and agro-allied sector
● Your presentation to clearly show how your idea and or innovation will facilitate the use of local content in the food value chain.
● You are encouraged to post your entry on social media – Follow and tag @FMNGroup and get your friends to engage the post as much and as often as possible
Eligibility
For Undergraduate and postgraduate level Nigerian Students ()
● Your project must address a shift from raw materials import dependence to local content use in Nigeria’s food and agro-allied sector.
● Your project has a solid proof-of-concept and a social or commercial purpose in the country.
Entries will be judged based on 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
Visit the Official Webpage of the Flour Mills of Nigeria (FMN) Prize for Innovation Competition. Application Deadline: January 10, 2023
