Deadline: January 5, 2023.

Flour Mills of Nigeria Plc has launched the second edition of her annual Prize for Innovation competition. FMN’s Prize for Innovation aims to highlight new and imaginative ways to achieve sustainability in Nigeria’s food value chain.

This year’s campaign is designed to facilitate the promotion of local content development in Nigeria’s food & agro-allied sector, to encourage sustainable food production.

Participants in this year’s contest will develop novel solutions to facilitate a paradigm shift from dependence on imported raw materials to developing local capacities for the purpose of sustaining local communities.

The call for application for FMN’s Prize for Innovation is now open in two categories with the chance of winning the star prize of N5 million.

ELIGIBILITY CRITERIA/BENEFITS/APPLICATION

Are you a registered food or agro-allied business in Nigeria or you are a student with interest in the food and agro-allied industry, then you should participate in the second edition of FMN’s Prize for Innovation.

This year’s edition seeks innovative ways to develop and increase usage of local materials in the food industry, to meet local demands.

CATEGORY 1

• 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 should address a shift from dependence on raw materials import to prioritize local content usage in Nigeria’s food and agro-allied sector.
• Your idea should have a solid proof-of-concept, a social or commercial purpose, and a clear road-map to scale.

BENEFITS

• The winner from this category will get N5,000,000.
• First runner-up will get N3,000,000.
• Second runner-up will get N2,000,000.

Note: For category 1, FMN will provide other value-based opportunities to the top 5 applicants which includes; training, seminars, and networking opportunities.

APPLICATION

• To apply, visit this form
• Complete the form on or before 5th of January 2023.
• Upload a 60 seconds video and a short presentation on your Innovative techniques for local content development in the food and agro-allied sector
• Your presentation should clearly indicate how your idea will facilitate the use of local content within the Nigerian food value chain.
• Your entry must be accompanied by a proof of registration.

CATEGORY 2

• Nigerian Students (Undergraduate and Postgraduate levels)
• Your big idea and innovative solution must address a shift from dependence on raw materials import to prioritize local content usage in Nigeria’s food and agro-allied sector.
• Ensure your idea has a solid proof-of-concept and serves a social or commercial purpose.

BENEFITS

• First prize – N300,000
• Second Prize – N200,000
• Third Prize – N100,000

APPLICATION

• To apply, visit this form
• Complete the form on or before 5th of January 2023.
• Upload a 60 seconds video on your Innovative techniques for local content development in the food and agro-allied sector
• Your presentation should clearly indicate how your idea will facilitate the use of local content within the Nigerian food value chain.
• Participants are encouraged to post their entries on social media – Follow and tag @FMNGroup and get your friends to engage the post.

OFFICIAL LINK