Flour Mills of Nigeria Innovation Prize: N10m for Students and SMEs.
The FMN Prize for Innovation, an influential initiative by Flour Mills of Nigeria Plc (FMN), is designed to foster originality and inventive thinking in Nigeria’s food and agro-allied sectors.
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The FMN Prize for Innovation competition aims to inspire and cultivate sustainable food solutions across Nigeria and the African continent.
The winners of the Flour Mills of Nigeria Innovation Prize gets their respective share of the N10m prize in ₦5,000,000; ₦3,000,000; and ₦2,000,000 denominations respectively.
Flour Mills of Nigeria Innovation Prize Abstract
- Host: Flour Mills of Nigeria Plc
- Category: Competitions
- Benefits:
- 1st – ₦5,000,000
- 2nd – ₦3,000,000
- 3rd – ₦2,000,000
- Eligibility: Nigeria
- Deadline: February 12, 2025
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Flour Mills of Nigeria Innovation Prize Details
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.
The Flour Mills of Nigeria Innovation Prize is a social impact initiative established by Flour Mills of Nigeria Plc (FMN) to encourage new ideas in food production, innovation, and engineering and how these can enable a sustainable food system in Nigeria.
Every year, the FMN Innovation Prize will focus on an important aspect of the food value chain that we believe is critical to transforming and sustainable development of the country’s food systems.
FMN Innovation Prize 2025 Requirements
Eligibility Criteria and Entry Guidelines of The Flour Mills of Nigeria FMN Innovation Prize;
- Be a student with interest in the food and agro-allied industry or a registered food or agro-allied business in Nigeria.
- Open to Nigerian residents aged 18 and above
- Excludes FMN employees, their families, and those involved in the competition’s organization or judgment
- No entry fee or purchase required
- Single entry per person
- Multiple entries from one individual lead to disqualification
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Benefits and Timeline
Category 1 (SMEs):
- Prize Money: N5,000,000; N3,000,000; N2,000,000
Category 2:
Successful candidates in this category will win: N500,000 (1st Prize), N300,000 (2nd Prize), N200,000 (3rd Prize).
How To Apply for 2025 Flour Mills of Nigeria Innovation Prize
To apply for the Flour Mills of Nigeria Innovation Prize, interested and qualified applicants are to use the company’s official website [link below] to submt their applications.
- Select your category and click “Register”.
- Fill out the application form and click submit.
- Successful candidates in each category will be invited to pitch their ideas in front of live judges who will award the winners their respective prizes.
- Only one entry will be accepted per person. Multiple entries from the same person will be disqualified.
- The closing date for entry will be 15th February 2024.
- Select your category and click “Register”.
- Fill out the application form and click submit.
- Successful candidates in each category will be invited to pitch their ideas in front of live judges who will award the winners their respective prizes.
- Only one entry will be accepted per person. Multiple entries from the same person will be disqualified.
- The closing date for entry will be 12th February 2025.
