- Prize Pool– up to $220,000
- Deadline – April 05, 2025
- CLICK HERE TO APPLY
Does your startup have the potential to drive innovation and deliver impactful solutions in healthcare, education, or agriculture? If so, apply for the NPI 3.0 for a chance to win a share of US$220,000, the Cascador Prize for impact valued at US$45,000, and a five-week all-expenses-paid training program in Silicon Valley, USA.
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The NSIA Prize for Innovation (NPI), an initiative of the Nigeria Sovereign Investment Authority (NSIA), is designed to empower entrepreneurs and changemakers whose innovative ideas can drive meaningful social and economic impact.
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Designed to nurture ingenuity and accelerate high-potential ventures, NPI provides funding and strategic support to early-stage, growth-driven solutions. Through this initiative, NSIA aims to inspire groundbreaking ideas that enhance productivity, strengthen industries, and deliver lasting social impact in Nigeria and beyond.
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For NPI 3.0, NSIA is proud to partner with the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) as a strategic partner. PVAC’s objective is to reshape Nigeria’s healthcare ecosystem by fostering socially impactful innovations.
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NSIA Prize for Innovation (NPI) is sponsored by the Nigeria Sovereign Investment Authority (NSIA) to bolster innovation in Nigeria’s entrepreneurial ecosystem and support homegrown solutions that can drive socio-economic development. NPI is designed to encourage and support ingenuity within the entrepreneurial ecosystem and fund early-stage, growth-driven solutions, with the aim of driving transformative economic growth, enhancing the nation’s productive capacity, and creating jobs.
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Eligibility:
- One of the founders must be a Nigerian Citizen
- Applicants must be 18 years or older
- Applicants must be running innovative and social impact-driven startups
- The startup should have operated for not less than six months and operating in or within Nigeria
- The startup should be looking to raise a seed round
- The startup should have developed a minimum viable product (MVP)
- Applicants must be willing and able to commit to a 10-week fast-track accelerator programme
- Only one application is permitted per applicant irrespective of the sector. Subsequent applications will be disqualified
- The startups of the top 10 finalists must be registered in Nigeria
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