FMN Prize for Innovation 2026 - Win Up to N5 Million

FMN Prize for Innovation 2026 - Win Up to N5 Million for Cassava Innovation Do you have a bold idea that could transform Nigeria's food industry? The 2026 Flour Mills of Nigeria Prize for Innovation Competition is now open, offering Nigerian SMEs and students the chance to win up to N5 million for groundbreaking ideas in cassava production and processing. Aveshost Nigeria remains the world's largest producer of cassava, yet the country still imports significant volumes of cassava-based industrial derivatives. Biogic This competition is your opportunity to change that — and get rewarded for it. About the Competition The FMN Prize for Innovation is a social impact initiative established by Flour Mills of Nigeria to encourage new ideas in food production, innovation, and engineering, and how these can enable a sustainable food system in Nigeria. Micross Since its launch in 2021, the programme has supported 24 innovators across four editions, disbursing more than N42 million in prize funding and committing over N200 million in structured support systems. Biogic Competition Details 🏆 Competition Name: FMN Prize for Innovation 2026 — PFI 5.0 🏢 Organised By: Flour Mills of Nigeria Plc 🎯 Theme: Innovative Practices in Cassava Production and Processing 👥 Open To: Nigerian SMEs and Nigerian students 📅 Deadline: March 16, 2026 Prize Money SME Category: 1st Place — N5,000,000 2nd Place — N3,000,000 3rd Place — N2,000,000 Student Category: 1st Place — N300,000 2nd Place — N200,000 3rd Place — N100,000 Beyond cash prizes, winners receive mentorship and training to scale their innovative ideas. LinkedIn Eligibility Requirements SME Category: Registered Nigerian Micro, Small or Medium Enterprise Must operate in the food and agro-allied sector Innovation must focus on cassava production or processing Student Category: Nigerian undergraduate or postgraduate student Must be enrolled in a recognised Nigerian institution Idea must demonstrate practical impact and sustainability How to Apply Visit the official application portal below Select your category — SME or Student Complete the online application form Prepare a detailed entry demonstrating your innovative solution Submit all required documentation before March 16, 2026 Official Application Link: https://www.fmnplc.com/prizeforinnovation/ Tips for a Winning Entry Clearly demonstrate measurable impact and scalability Show how your idea strengthens Nigeria's cassava value chain Provide evidence that your solution is practical and sustainable Apply early — do not wait until the last day Make sure your documentation is complete before submitting This is a genuine opportunity for Nigerian innovators to win millions of naira and gain national recognition. If you have an idea that can transform cassava production in Nigeria, now is the time to act. The deadline is March 16, 2026 — do not miss it! 👉 Visit https://www.micrise.com.ng for more grants, scholarships, jobs and opportunities updated daily for every Nigerian. 🇳🇬