Deadline: 5-Jan-23
The Flour Mills of Nigeria Plc (FMN) has launched Season 2 of the 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.
Flour Mills of Nigeria Plc, a leading food and agro-allied group in Africa, launched the FMN Prize for Innovation to encourage new ideas and innovations in the food and agro-allied sector in Nigeria and across the continent and how these can impact and enable a sustainable food system in Nigeria. The group strongly believes that an innovation-driven food system is achievable in Nigeria and that it can contribute to the systematic development of the food value chain and the attainment of the 2030 Agenda for Sustainable Development.
That is why the FMN Prize for Innovation seeks to nurture and support novel ways of thinking, as well as inventive ideas to resolve existing problems in the food and agro-allied sector. Every year, the prize will focus on important aspects of the food value chain that they believe are critical to the transformation and sustainable development of the food systems in the country. The focus for this year’s Prize is on developing local content and capacity in Nigeria.
Project Theme: Innovative techniques for local content development in the food and agro-allied sector.
Benefit
- 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.
What they are looking for?
- FMN’s Prize for innovation is looking for solid ideas for improving local content development through previously untapped resources and technologically powered solutions to reduce dependence on food importation in the food and agro-allied sector in Nigeria.
Eligibility Criteria
- 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 roadmap to scale.
- Category 2
- Nigerian Students (Undergraduate and postgraduate level)
- 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 has a solid proof-of-concept and a social or commercial purpose.
Criteria
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
For more information, visit FMN.