Published: 29 Jan 2025
Flour Mills of Nigeria Plc, a leading food and agro-allied group in Africa, launches 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.
Competition Theme:Innovative practices in livestock farming in Nigeria
Flour Mills Nigeria Prize for Innovation Competition
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Benefits of Flour Mills Nigeria Prize for Innovation Competition
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)
Requirements for Flour Mills Nigeria Prize for Innovation Competition
The Prize is open:
- To residents of Nigeria aged 18 years or over except employees of the organizer and their close relatives and anyone otherwise connected with the organisation or judging of the competition.
- Micro, Small and Medium-sized Enterprises (MSMEs) in Nigeria
- Undergraduates in Nigeria
- Postgraduate students in Nigeria
Selection Process
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.
Application Deadline
February 12, 2025
How to Apply
Category 1: For registered Nigerian SMEs in the Food and Agro-Aillied Sector,apply here
Category 2: For students with innovative ideas to transform liivestock farmnig in Nigeria,apply here
For more details,visit Flour Mills Nigeria webpage
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