Flour Mills of Nigeria Plc Innovation competition 2023 (Prize N5 Million)

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Flour Mills of Nigeria Plc Innovation competition 2023 | Apply for Flour Mills of Nigeria Plc Innovation competition 2023, The 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.

Flour Mills of Nigeria (FMN) aims to Fostering Food Security, Improving Sustainability and Empowering Nigerian Lives, 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.

Project Theme:

  • Innovative techniques for local content development in the food and agro-allied sector.

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.

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:

Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)
Eligibility:
  • 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.

Prizes:

  • 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.
  • FMN will provide other value-based opportunities to the top 5 applicants which includes; training, seminars, and networking opportunities.

Requirement:

  • 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 (Undergraduates & Post Graduates)

Eligibility:

  • 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.

Prizes:

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

Requirement:

  • 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

How to Apply

Interested applicants Visit Flour Mills of Nigeria Plc

Application Deadline:

Complete the form on or before 5th of January 2024.

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