FMN Prize for Innovation (PFI) 2024 For Students And SMEs in Nigeria | APPLY NOW

The Flour Mills of Nigeria Plc proudly presents the FMN Prize for Innovation (PFI) 2024, now open for applications. Now in its 3rd season, the initiative carries the theme “Driving Food Self-Sufficiency in Nigeria Through Precision Agriculture.”

FMN Prize for Innovation

The FMN Prize for Innovation was conceived to ignite a spark of creativity within the food and agro-allied sector across Nigeria and the continent of Africa at large. This initiative seeks tangible innovations that can pave the way for a sustainable and self-sufficient food system in Nigeria.

FMN Prize for Innovation (PFI) 2024 – Overview

This season of the FMN Prize for Innovation (PFI), the spotlight is on individuals and businesses actively driving the attainment of food self-sufficiency in Nigeria. The PFI management team, backed by the Flour Mills of Nigeria Group, will carefully assess, review, and test the processes employed by these innovators.

Candidates who emerge winners will not only receive recognition but also the vital resources and support needed to progressively boost their business sustainability

Benefits of FMN Prize for Innovation

  • The FMN Prize for Innovation offers an amazing prize value of N5,000,000, N3,000,000, and N2,000,000.
  • The significance of participating in the FMN Prize for Innovation goes beyond the aforementioned monetary rewards, as Winners gain access to a network of industry leaders, mentorship, and resources that can catalyze the growth of their ventures.

Eligibility Requirements for FMN Prize for Innovation

  • The FMN Prize for Innovation is open to residents of Nigeria aged 18 years or above
  • The price does not apply to employees of the organizer and their close relatives.
  • Participation does not require an entry fee or purchase.
  • Individuals are limited to one entry per person to maintain the integrity of the competition. Any act of multiple entries from the same Applicant will attract disqualification.

How to Apply for the FMN Prize for Innovation (PFI) 2024?

  • The FMN’s Prize for Innovation welcomes applications from registered food or agro-allied businesses in Nigeria or students with a passion for the food and agro-allied industry.
  • Qualified Candidates should Go to Flour Mills of Nigeria Plc (FMN) at to apply
  • This year, the focus is on innovative ways to leverage local materials in the food industry, meeting the ever-growing demands of the local market.

1st Category: Registered Businesses (Micro, Small & Medium Scale Enterprise Owners)

2nd Category: Nigerian Students (Undergraduates & Post Graduates)

For more details, visit the FMN website on

Application Deadline

February 15, 2024.

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