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.
Contents
- 1 Who Can Apply for the Grant?
- 1.1 1. Must Be a Full-Time Student in an Accredited Institution
- 1.2 2. Must Be in 300 Level or Its Equivalent
- 1.3 3. Project Must Be in a STEMM Field
- 1.4 4. Demonstrated Innovation and Market Potential
- 1.5 5. Clear Project and Funding Plan
- 1.6 6. Willingness to Participate in Mentorship and Training
- 1.7 7. Ability to Use Digital Tools for Project Development
- 2 What Selected Applicants Will Benefit From
- 3 How to Apply
- 4 Conclusion
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.
