Deadline: 12 February 2025
The Flour Mills of Nigeria Plc, a leading food and agro-allied group in Africa, has launched the FMN Prize for Innovation to encourage new ideas in food production, innovation, and engineering and how these can impact and enable a sustainable food system in Nigeria.
Every year, FMN Prize for Innovation will highlight an important part of the food value chain that is critical to the transformation and long-term development of the country’s food systems.
The maiden edition of FMN’s Prize for Innovation aimed to foster creative ideas and technology-powered solutions to address concerns of food loss and wastage in Nigeria’s food production process. The competition was split into two categories, to accept entries from Nigerian MSMEs & Nigerian students in undergraduate and post graduate levels.
Categories
- Category 1:
- For registered Nigerian SMEs in the Food and Agro-Aillied Sector
- Category 2:
- For students with innovative ideas to transform livestock farming in Nigeria.
Funding Information
- Category 1:
- Successful candidates in this category will be invited to pitch their ideas in front of live judges who will award the winner the prize of N5 million.
- Category 2:
- Successful candidates in this category will win: N500,000 (1st Prize), N300,000 (2nd Prize), N200,000 (3rd Prize).
What they are looking for?
- The FMN Prize for innovation is looking for big ideas, technology powered solutions, and simple yet ingenious ways of reducing food loss and wastage in the food production process in Nigeria.
- Innovative ideas and technology that can solve food loss and wastage in the food systems – including all activities in the value chain that covers feeding and nourishing people, from growing, harvesting, packaging, processing, transporting, marketing to when the final products are consumed is welcome.
Eligibility Criteria
- Category one:
- 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 can address food loss and wastage in the food production process in Nigeria.
- Your idea has a solid proof-of-concept, a social or commercial purpose, and a clear roadmap to scale.
- Category two:
- Nigerian Students (Undergraduate or post-graduate level)
- Your big idea and innovative solution can address food loss and wastage in the food production process in Nigeria.
- Your idea has a solid proof-of-concept, a social or commercial purpose, and a clear roadmap to scale.
For more information, visit FMN.
