Call For Applications: NSIA Prize for Innovation 2024 For Nigerians Startups, Entrepreneurs & Innovators (Up to $220,000)
Announcement: Call for Applications – NSIA Prize for Innovation 2024
Are you a startup poised to revolutionize your industry with groundbreaking, tech-enabled solutions? If so, seize the opportunity and submit your application to the NSIA Prize for Innovation 2024 (NPI). This prestigious initiative, sponsored by the Nigeria Sovereign Investment Authority (NSIA), aims to foster innovation within Nigeria’s digital ecosystem and support homegrown solutions that drive socio-economic development.
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Program Overview:
- Prize Pool: Up to US $220,000 in prizes, including cash awards and equity investment.
- Training Program: All-expense paid 5-week training program in Silicon Valley, USA, at a top-rated US university.
- Sectors: While priority sectors include Financial Services, Agriculture, Health, Education, Manufacturing, Logistics & E-mobility, E-commerce & Marketplaces, and Climate, startups from other sectors are also encouraged to apply.
Eligibility Criteria:
- Startups with ground-breaking, tech-enabled solutions in any industry.
- Applicants operating within or outside the priority sectors are welcome.
- Open to startups at the early-stage with growth-driven potential.
Prizes:
- Ten finalists will be selected, with the top three winners receiving a combination of cash and equity investment. The funding will be provided in a 75:25 equity and cash mix, determined post-valuation.
- All ten finalists will participate in the Silicon Valley training program, gaining valuable insights and exposure to global investors.
Application Details:
- Deadline: March 3, 2024
- Click HERE to submit your application and embark on a journey to transform your startup into a global success story.
Don’t miss this opportunity to elevate your startup, gain invaluable mentorship, and access potential investment. Apply now and take your innovation to new heights with the NSIA Prize for Innovation 2024.
