Federal Government Student Venture Capital Grant (SVCG) ( ₦50 Million Award) is ongoing for applicants that are qualified for this grants.
The Federal Government of Nigeria, through the Federal Ministry of Education, has officially opened the portal for the Student Venture Capital Grant (S-VCG).
This program is part of the Renewed Hope Agenda, created to support student innovators and help them transform their ideas into real, commercially viable businesses.
The goal of the S-VCG is to raise a new generation of young Nigerian innovators—students who can create solutions to both national and global problems using science, technology, and creativity.
Who Is Eligible to Apply?
To qualify for the Student Venture Capital Grant, applicants must meet the following criteria:
1. You must be a Nigerian student
You must be currently enrolled in a recognized tertiary institution in Nigeria:
- University
- Polytechnic
- College of Education
2. You must be working on an innovation
Your idea must be a solution that can address a major challenge—either in Nigeria or globally.
3. Your project must have potential
It should show clear potential for:
- Scalability
- Commercialization
- Real-world impact
4. Your idea must fall under STEMM
All projects must be within the following areas:
Focus Areas (STEMM)
The S-VCG program supports innovations in:
- Science
- Technology
- Engineering
- Mathematics
- Medical Sciences
What You Will Gain from the S-VCG Grant
The program offers more than just money. Successful applicants and qualified participants receive:
Up to ₦50 million in equity-free funding
This means the government does not take ownership or shares in your business.
Business incubation and venture development
You will receive intensive support to refine your business model and validate your idea.
Mentorship from top industry experts
Professionals, entrepreneurs, and innovators will guide you through your growth journey.
Access to tools and business resources
Everything you need to develop, test, and scale your innovation.
Bonus for ALL applicants:
Every student who successfully submits a project receives:
- 1-year free Google Gemini Pro License
- Premium learning and development materials
This applies even if you are not selected for funding.
Required Documents for Application
Before you apply, prepare the following:
- Proof of student status (student ID, admission letter, or other academic documentation)
- A well-written project proposal explaining:
- The problem you want to solve
- Your innovative solution
- Market need and relevance
- How your idea can scale
- Details about your founding team, including roles and responsibilities
How to Apply (Simple Step-by-Step Guide)
Step 1: Visit the Official Portal
Go to: https://svcg.education.gov.ng
Step 2: Prepare Your Project Submission
- Write a strong proposal
- Gather all academic and identity documents
- Ensure your project clearly aligns with STEMM
Step 3: Fill Out the Online Application Form
- Complete all required fields
- Upload your proposal and documents
- Submit your application
Step 4: Receive Your Free Premium Access
Once your submission is confirmed, you will automatically gain:
- 1-year free access to Google Gemini Pro
- Additional premium learning resources
This benefit is given to every student who completes the application.
Apply Now
Begin your application at the official portal:
👉 https://svcg.education.gov.ng