Flour Mills of Nigeria (FMN) is inviting young Nigerians to apply for the 2026 FMN Prize for Innovation Competition.
The Flour Mills of Nigeria Prize for Innovation Competition offers a ₦10m reward for Nigerian students who run innovative Micro, Small, and Medium Enterprises (MSMEs).
In this post, we will provide you with the details of the program, its requirements, benefits, and step-by-step application procedure for interested candidates.
Flour Mills of Nigeria Prize for Innovation Summary
- Host: Flour Mills of Nigeria (FMN)
- Category: Competitions
- Eligible Country: Nigeria
- Reward: ₦10m Prizes | Training | Mentorship
- Deadline: March 16, 2026
- Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE
Details of Flour Mills of Nigeria (FMN) Prize for Innovation Competition:
Applications are now open for the 2026 Flour Mills of Nigeria (FMN) Prize for Innovation Competition.
Flour Mills of Nigeria (FMN) Plc, a leading food and agro-allied group in Africa, launches the FMN 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.
Every year, the FMN Prize for Innovation will highlight an important part of the food value chain that is critical to the transformation and long-term development of the country’s food systems.
The fifth season of FMN’s Prize for Innovation (FMN PFI 5.0) focuses on Innovative Practices in Cassava Production and Processing.
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Eligibility Requirements for FMN Prize for Innovation Competition 2026
To be considered for the FMN Prize for Innovation Competition, you must meet the requirements below:
SME Category (For registered Nigerian SMEs in the Food and Agro-Aillied Sector)
- Registered Nigerian Micro, Small, and Medium Enterprises (MSMEs)
- Operating within the food and agro-allied sector
- Developing innovative solutions in cassava production, processing, or value addition
Student Category (For students with innovative ideas to transform Cassava Processing and Production in Nigeria.)
- Nigerian students at undergraduate or postgraduate levels
- Enrolled in recognized tertiary institutions
- Proposing innovative solutions addressing challenges in cassava production and processing
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Flour Mills of Nigeria Prize for Innovation Rewards
The competition is split into two categories, to accept entries from Nigerian MSMEs and Nigerian students in undergraduate and postgraduate levels.
SME Category
Prizes:
- First Prize: ₦5,000,000
- Second Prize: ₦3,000,000
- Third Prize: ₦2,000,000
Student Category
- First Prize: ₦300,000
- Second Prize: ₦200,000
- Third Prize: ₦100,000
Focus Area: Innovative Practices in Cassava
Submissions should demonstrate:
- Improved productivity or yield optimization
- Efficient processing technologies
- Post-harvest loss reduction
- Sustainable and climate-smart practices
- Market expansion or value-chain enhancement
- Technological integration (e.g., automation, digitization, biotech, etc.)
How to Apply for Flour Mills of Nigeria Prize for Innovation Competition 2026 (Step by Step)
To apply for the Flour Mills of Nigeria Prize for Innovation Competition, interested and qualified candidates should click the green button below to submit their entries.
Deadline: March 16, 2026
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