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Flour Mills Nigeria 2023 Innovation Competition for MSMEs, Undergraduates & Postgraduates | win N5m grand prize

Flour Mills of Nigeria Plc has launched the second edition of her annual Prize for Innovation competition. FMN’s Prize for Innovation aims to highlight new and imaginative ways to achieve sustainability in Nigeria’s food value chain.

This year’s campaign is designed to facilitate the promotion of local content development in Nigeria’s food & agro-allied sector, to encourage sustainable food production.

Participants in this year’s contest will develop novel solutions to facilitate a paradigm shift from dependence on imported raw materials to developing local capacities for the purpose of sustaining local communities.

Competition Theme: Innovative techniques for local content development in the food and agro-allied sector.

Table of Content

About Flour Mills of Nigeria Plc (FMN)

Flour Mills of Nigeria Plc (FMN) was incorporated on 29th September, 1960 as a private limited liability company with a modest paid-up share capital of N1 million and converted to a public company in November, 1978. The beneficial interest in the company's equity is held by Nigerian and Overseas shareholders.


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FMN Category 1 – Micro, Small and Medium-sized Enterprises (MSMEs)


Aim and Benefits of FMN Category 1 – Micro, Small and Medium-sized Enterprises (MSMEs)

FMN’s Prize for innovation is looking for solid ideas for improving local content development through previously untapped resources and technologically powered solutions to reduce dependence on food importation in the food and agro-allied sector in Nigeria.

The call for application for FMN’s Prize for Innovation is now open in two categories with the chance of winning the star prize of N5 million.


Requirements for FMN Category 1 – Micro, Small and Medium-sized Enterprises (MSMEs) Qualification

  • 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

Category 1 – Micro, Small and Medium-sized Enterprises (MSMEs)

Eligibility Criteria

  • Micro, Small, and Medium Scale Enterprises (MSMEs) that are registered in Nigeria and operate in the agro-processing and food production space.
  • Your big idea and innovative solution should address a shift from dependence on raw materials import to prioritize local content usage in Nigeria’s food and agro-allied sector.
  • Your idea should have a solid proof-of-concept, a social or commercial purpose, and a clear roadmap to scale.

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Interview date, Process and Venue for FMN Category 1 – Micro, Small and Medium-sized Enterprises (MSMEs)

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

January 5, 2023

Interested in this scholarship; Go down to apply


FMN Category 2 – Nigerian Students (Undergraduate and Postgraduate Level)


Aim and Benefits of FMN Category 2 – Nigerian Students (Undergraduate and Postgraduate Level)

FMN’s Prize for innovation is looking for solid ideas for improving local content development through previously untapped resources and technologically powered solutions to reduce dependence on food importation in the food and agro-allied sector in Nigeria.

The call for application for FMN’s Prize for Innovation is now open in two categories with the chance of winning the star prize of N5 million.


Requirements for FMN Category 2 – Nigerian Students (Undergraduate and Postgraduate Level) Qualification

  • Your big idea and innovative solution must address a shift from dependence on raw materials import to prioritize local content usage in Nigeria’s food and agro-allied sector.
  • Your idea must have a solid proof-of-concept and a social or commercial purpose.

Checkout: How To Write A Scholarship Essay - Scholarship Essay Examples

Interview date, Process and Venue for FMN Category 2 – Nigerian Students (Undergraduate and Postgraduate Level)

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

January 5, 2023


How to Apply

For category 1:

  • To applyclick here
  • Complete the form on or before the 5th of January 2023.
  • Upload a 60 seconds video and a short presentation on your Innovative techniques for local content development in the food and agro-allied sector
  • Your presentation should clearly indicate how your idea will facilitate the use of local content within the Nigerian food value chain.
  • Your entry must be accompanied by proof of registration.

For category 2:

  • To apply, visit this form
  • Complete the form on or before the 5th of January 2023
  • Upload a 60 seconds video on your Innovative techniques for local content development in the food and agro-allied sector
  • Your presentation should clearly indicate how your idea will facilitate the use of local content within the Nigerian food value chain.
  • Participants are encouraged to post their entries on social media – Follow and tag @FMNGroup and get your friends to engage the post

For more details, visit FMN website


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