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. Every year, 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 maiden edition of FMN’s Prize for Innovation aimed to foster creative ideas and technology-powered solutions to address concerns of food loss and wastage in Nigeria’s food production process. The competition was split into two categories, to accept entries from Nigerian MSMEs & Nigerian students in undergraduate and post graduate levels.

Competition Theme: Innovative practices in livestock farming in Nigeria

Benefits of Flour Mills Nigeria Prize for Innovation Competition

Category 1: Successful candidates in this category will be invited to pitch their ideas in front of live judges who will award the winner the prize of N5 million.

Category 2: Successful candidates in this category will win: N500,000 (1st Prize), N300,000 (2nd Prize), N200,000 (3rd Prize)

Requirements for Flour Mills Nigeria Prize for Innovation Competition

The Prize is open:

To residents of Nigeria aged 18 years or over except employees of the organizer and their close relatives and anyone otherwise connected with the organisation or judging of the competition.

Micro, Small and Medium-sized Enterprises (MSMEs) in Nigeria

Undergraduates in Nigeria

Postgraduate students in Nigeria

Selection Process

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

Note: Only Shortlisted candidates will be contacted. 

Application Deadline

February 12, 2025

How to Apply

Category 1: For registered Nigerian SMEs in the Food and Agro-Allied Sector, apply here

Category 2: For students with innovative ideas to transform livestock farming in Nigeria, apply here