FG Student Venture Capital Grant 2026 - Apply for N50M

FG Student Venture Capital Grant 2026 - Apply for N50 Million Equity-Free Funding Are you a Nigerian student with a brilliant idea that could change the world? The Federal Government of Nigeria has opened applications for the Student Venture Capital Grant — offering up to N50 million in equity-free funding to student innovators across Nigeria's tertiary institutions. This initiative is a central pillar of the Renewed Hope Agenda, designed to transform student-driven ideas into commercially viable, high-impact ventures and cultivate a new generation of Nigerian innovation entrepreneurs. PitchBook This is not a loan — you do not pay it back and you do not give up any shares in your business. About the Programme The programme is being implemented in partnership with the Bank of Industry to ensure transparency, accountability, and measurable outcomes. Facebook The Ministry has also partnered with Google to enhance the application and evaluation process. Google's Gemini AI powers custom-built evaluation agents embedded in the portal for fair and efficient review. Every applicant receives a one-year free Google Gemini Pro licence. LinkedIn Grant Details 🏆 Grant Name: Student Venture Capital Grant (S-VCG) 🏢 Offered By: Federal Ministry of Education 💰 Amount: Up to N50,000,000 — equity free 👥 For: Full-time Nigerian undergraduate students 📚 Focus: STEMM fields — Science, Technology, Engineering, Mathematics and Medical Sciences 📅 Deadline: Rolling basis — apply as soon as possible What You Will Receive Up to N50 million in equity-free grant funding Intensive incubation programme to accelerate your startup Expert mentorship from experienced entrepreneurs and industry leaders One year free Google Gemini Pro licence Access to tools and resources needed to scale your venture National visibility through Nigeria's innovation repository Eligibility Requirements Must be a student currently enrolled in a Nigerian tertiary institution — universities, polytechnics, and colleges of education Aveshost Must be at least 300 level or its equivalent at your institution Aveshost Your project must fall within STEMM fields Your project or innovation must have a business name registered with CAC in Nigeria Aveshost You can apply as an individual or as a team as long as you meet all eligibility criteria Aveshost Required Documents CAC registration proof and company profile A 2 to 3 minute pitch video showcasing your idea, team and market potential Investing.com NG Business plan with clear expenditure milestones and KPIs Funding request breakdown showing how you will use the grant Valid means of identification How to Apply Visit the official application portal below Create your account and complete your profile Select your STEMM focus area Upload your pitch video and business plan Submit your application as early as possible Official Application Link: https://svcg.education.gov.ng Tips for a Strong Application Keep your pitch video clear, confident and under 3 minutes Show that your idea solves a real Nigerian problem Provide a detailed and realistic funding breakdown Demonstrate your project is beyond just an idea — show proof of concept Apply early as proposals are reviewed on a rolling basis This is one of the biggest grant opportunities ever made available to Nigerian students. Up to N50 million in free funding, Google tools, mentorship and incubation — all in one programme. If you are a student with a bold idea, do not let this pass you by. 👉 Visit https://www.micrise.com.ng for more grants, scholarships, jobs and opportunities updated daily for every Nigerian. 🇳🇬