Loan & Grant

Documents Required to Apply for FG’s ₦50m Student Grant

The Federal Government has launched a new Student Innovation Grant aimed at supporting undergraduates with creative, impactful, and scalable ideas. The initiative provides up to ₦50 million in equity-free funding, giving Nigerian students the chance to turn their innovations into full-scale businesses.

This programme is part of the government’s broader plan to encourage youth-led solutions, promote digital skills, and strengthen the country’s innovation ecosystem. Below is a clear look at the eligibility requirements and what students need to qualify.

Who Can Apply for the Grant?

The grant is open to young Nigerians currently studying in recognized institutions. Applicants must meet the following requirements:

1. Must Be a Full-Time Student in an Accredited Institution

Only students enrolled in approved universities, polytechnics, colleges of education, and other recognized higher institutions are eligible.

2. Must Be in 300 Level or Its Equivalent

Applicants should be at a senior academic level (300-level and above), or ND2/HND2 for polytechnic students. This ensures applicants have enough experience to manage a structured innovation project.

3. Project Must Be in a STEMM Field

Eligible projects must fall within:

  • Science
  • Technology
  • Engineering
  • Mathematics
  • Medical Sciences

These sectors were selected to support ideas that address real-life challenges and promote technological advancement.

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4. Demonstrated Innovation and Market Potential

Students must have a solution that:

  • Solves a clear problem
  • Shows creativity
  • Can be developed into a viable business
  • Has potential for scalability

5. Clear Project and Funding Plan

Applicants must be able to explain:

  • What their idea is
  • Why it matters
  • How the grant will be used
  • The expected outcome

A simple proposal or concept outline is acceptable.

6. Willingness to Participate in Mentorship and Training

Successful applicants will undergo:

  • Incubation programmes
  • Digital learning sessions
  • Expert mentorship
  • Business development support

Applicants must be willing to commit to these activities.

7. Ability to Use Digital Tools for Project Development

The programme involves technology-based assessments and learning tools. Students must be comfortable using:

  • Online learning platforms
  • Digital resources
  • Evaluation tools

What Selected Applicants Will Benefit From

The grant does not only provide funding. Selected students will gain:

  • Business support and incubation
  • Access to premium learning tools
  • Mentorship from industry professionals
  • Technical support for project development
  • Opportunities for partnership and future investment

The programme aims to nurture student-led innovations that can grow beyond the campus environment and create long-term economic impact.

How to Apply

Interested and eligible students can apply through the official application portal:

Apply Now: https://svcg.education.gov.ng/

Applicants should prepare their project concepts, academic details, and a clear explanation of how funding will support their innovation.

Conclusion

The ₦50 Million Student Innovation Grant provides one of the biggest opportunities for Nigerian students to turn their ideas into real, impactful solutions. If you are a student with a strong, promising idea in STEMM fields, this is your chance to access funding, mentorship, and nationwide recognition.


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