The Flour Mills of Nigeria Prize for Innovation 2024

The Flour Mills of Nigeria (FMN) Prize for Innovation rewards innovative and creative solutions for achieving sustainability in Nigeria’s food value chain.

This prize recognizes individuals and organizations that are dedicated to improving the sustainability of Nigeria’s food supply.

This year’s campaign promotes local content development in Nigeria’s food and agro-allied industries to support sustainable food production.

The competition goal is to urge participants to bring about innovative solutions that will help shift the focus away from relying on imported raw materials and towards building up the local capacity to sustain Nigeria’s population.

This competition aims to support the growth of Nigeria’s food and agro-allied sectors by promoting local content and fostering sustainable practices.

Flour Mills of Nigeria Prize for Innovation Categories

  • Category 1: Businesses Registered (Medium, small, and micro-scale Enterprise Owners)
  •  Category 2: Students in Nigerian ( Postgraduates and Undergraduates)

Flour Mills of Nigeria Prize for Innovation Eligibility

Category 1: Businesses Registered (Medium, small, and micro-scale Enterprise Owners)

Micro, Small, and Medium Scale Enterprises (MSMEs) with Nigerian registrations that work in the food and agricultural processing sectors.

 In Nigeria’s food and agro-allied sector, your big idea and creative solution should prioritize using local content rather than relying on imported raw materials.

 Your project should have a strong proof-of-concept, a worthwhile social or business goal, and a well-defined path to scaling.

Category 2: Students in Nigerian ( Postgraduates and Undergraduates)

In Nigeria’s food and agro-allied sector, your big idea and the creative solution must highlight the use of local content rather than continuing to rely on imported raw materials.

Your invention has a strong proof-of-concept and a useful societal or business application.

Flour Mills of Nigeria Prize for Innovation Prizes

The possibility of winning the N5 million grand prize is here.

Flour Mills of Nigeria Prize for Innovation Evaluation Criteria

According to the following criteria, all entries will be evaluated :

  • The ingenuity of the ideas
  •  Social/commercial purpose of the idea
  •  Thoroughness of research
  •  Impact & Scalability
  •  Likelihood of the success of the enterprise

How to Apply for the Flour Mills of Nigeria Prize for Innovation

  • Fill out the form by January 5, 2024, at the latest.
  •  Upload a 60-second video and a brief presentation about your creative approaches to developing local content for the food and agro-allied industries.
  •  Your presentation should make it abundantly apparent how your proposal will make it easier for local content to be used along the Nigerian food value chain.
  •  Your entry must be supported by registration documentation if you fall under Category 1 applicants.
  •  Social media posting by contestants is encouraged. Follow and tag @FMNGroup, then ask your friends to interact with the post.

Links for the different categories: 

CATEGORY 1 

CATEGORY 2

Visit here for more information

Conclusion

The Flour Mills of Nigeria Prize for Innovation is a unique opportunity.

Take advantage of this chance to be part of this life-changing opportunity and connect with like-minded individuals from around the globe.

Apply now to make a huge difference and contribute to a better world.

Realmina wishes you good luck. Please share this article with your friends.

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