Nigerian Sovereign Investment Authority Prize for Innovation 2025
The Nigerian Sovereign Investment Authority (NSIA) Prize for Innovation (NPI) is an initiative designed to empower entrepreneurs and changemakers whose innovative ideas can drive meaningful social and economic impact. This program nurtures ingenuity and accelerates high-potential ventures by providing funding and strategic support to early-stage, growth-driven solutions.
📝 Opportunity Details
- Date Published: March 20, 2025
- Application Deadline: Ongoing
- Category: Entrepreneurs, Grants, Training
- Eligible Locations: Nigeria
📖 About the NSIA Prize for Innovation
The NSIA Prize for Innovation aims to inspire groundbreaking ideas that enhance productivity, strengthen industries, and deliver lasting social impact in Nigeria and beyond. Through this initiative, the Nigeria Sovereign Investment Authority (NSIA) seeks to support ventures that can transform industries and improve lives.
🎁 Benefits of the NSIA Prize for Innovation
- Total Prizes: US$220,000 in prizes to be won.
- Additional Prize: US$45,000 Cascador Prize for Impact.
- Training: A five-week all-expenses-paid training program.
✅ Eligibility Criteria
To qualify for the NSIA Prize for Innovation, applicants must meet the following requirements:
- Nationality: One of the founders must be a Nigerian citizen.
- Age: Applicants must be 18 years or older.
- Startup Focus: Must be running innovative and social impact-driven startups.
- Operational Period: The startup must have operated for at least six months and be operating in or within Nigeria.
- Funding Stage: The startup should be looking to raise a seed round.
- Product Development: Must have developed a minimum viable product (MVP).
- Commitment: Applicants must be willing and able to commit to a 10-week fast-track accelerator program.
- Application Limit: Only one application per applicant is allowed, irrespective of the sector. Subsequent applications will be disqualified.
- Registration: Startups of the top 10 finalists must be registered in Nigeria.
🎯 Target Sectors
The program focuses on innovative startups in the following sectors:
- Healthcare
- Agriculture
- Education
📅 Application Process
To apply for the Nigerian Sovereign Investment Authority Prize for Innovation, visit the official application portal:
🌐 Sponsor Organization
The Nigeria Sovereign Investment Authority (NSIA) sponsors this initiative to foster innovation and drive impactful change in Nigeria.
For more information, visit the official website linked above. Don't miss this opportunity to bring your innovative ideas to life and make a lasting impact! 🚀
- US$220,000 in prizes to be won
- US$45,000 Cascador Prize for Impact
- A five-week all-expenses-paid training programme.
