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.
Competition Theme
Innovative techniques for local content development in the food and agro-allied sector.
Benefit
Win the grand prize of N5 million
Who can apply?
1. 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.
2. Micro, Small and Medium-sized Enterprises (MSMEs) in Nigeria
3. Undergraduates in Nigeria
4. Postgraduate students in Nigeria
Category 1 – Micro, Small and Medium-sized Enterprises (MSMEs)
Eligibility Criteria
> 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 roadmap to scale.
Application Process
> To apply, click here
> Complete the form on or before the 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 proof of registration.
Category 2 – Nigerian Students (Undergraduate and Postgraduate Level)
Eligibility Criteria
> 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.
> Your idea must have a solid proof-of-concept and a social or commercial purpose.
Application Process
> To apply, click here
> Complete the form on or before the 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.
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 – Closing date for entry will be: 5th of January 2023 for both Category 1 and Category 2. After these dates no further entries to the competition will be permitted.
Visit the official website for more information.
