The FMN Prize for Innovation 5.0 is now open for registered Nigerian SMEs in the Food and Agro-Allied sector.
Flour Mills of Nigeria 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.
This year, we’re spotlighting innovative practices in cassava production and processing- solutions that can drive efficiency, scale impact, and strengthen our food systems.
Innovation Theme: Innovative practices in cassava production and processing
Benefits
- Successful candidates in category one will be invited to pitch their ideas in front of live judges who will award the winner the prize of N5 million, N3 million, and N2 million for the first and second runner-up.
- Successful candidates in category 2 will win: N700,000 (Seven Hundred Thousand Naira Only) for the 1st Prize, N500,000 (Five Hundred Thousand Naira Only) for the 2nd Prize, and N300,000 (Three hundred thousand Naira Only) for the 3rd Prize.
Requirements
- Â The fifth season of FMN’s Prize for Innovation (FMN PFI 5.0) focuses on Innovative Practices in Cassava Production and Processing.
- The competition is split into two categories,
- Category 1: entries from Nigerian MSMEs
- Category 2: Nigerian students in undergraduate and postgraduate levels.
Method of Application
Innovation Theme: Innovative practices in cassava production and processing
Category One:Â Click Here to Apply
Category Two (Nigerian students in undergraduate and postgraduate levels):Â Click Here to Apply
For More Information,
Visit the Official Webpage
Application Deadline: March 16, 2026.