NSIA Prize for Innovation 2023 for Tech-Enabled Nigerian Startups
Apply Now for NSIA Prize for Innovation 2023: Tech-Enabled Solutions Transforming Nigeria's Industries.
- Apply for NSIA Prize for Innovation 2023 and empower your tech-enabled Nigerian startup. Win up to $255,000 in cash and equity, contributing to the nation's digital ecosystem and socio-economic development. Deadline: April 8, 2023.
Updated on by Olusegun Fapohunda
Are you a Nigerian startup with innovative, tech-enabled solutions that can revolutionize your industry? Don’t miss the opportunity to apply for the NSIA Prize for Innovation 2023 by April 8, 2023.
The Nigeria Sovereign Investment Authority (NSIA) sponsors the NSIA Prize for Innovation (NPI) to boost innovation within Nigeria’s digital ecosystem and support homegrown solutions that drive socio-economic development. NPI aims to encourage and fund early-stage, growth-driven solutions that can lead to transformative economic growth, enhance the nation’s productive capacity, and create jobs.
NSIA Prize for Innovation Targeted Sectors
The program focuses on technology-enabled businesses in the following sectors:
- Financial Services
- Logistics & E-mobility
- E-commerce & Marketplaces
NSIA Prize for Innovation Prizes
After the boot camp, ten finalists will be selected, including three winners and seven runners-up who will receive up to $255,000 in cash and equity.
NSIA Prize for Innovation Eligibility
- One of the founders must be a Nigerian citizen
- Applicants must be 18 years or older
- Applicants must run innovative tech-focused or tech-enabled businesses/startups
- The business should have operated for at least six months and have a presence in Nigeria
- The business should be looking to raise a seed round
- The business should have developed a minimum viable product (MVP)
- Applicants must be willing and able to commit to a 4-week fast-track accelerator program
- Only one application is permitted per applicant, regardless of the sector. Subsequent applications will be disqualified.
How to Apply for NSIA Prize for Innovation
Interested candidates who meet the criteria listed above should apply by clicking on the “Apply” button below:
For more information about the NSIA Prize, visit the official website. Don’t miss this chance to take your innovative startup to the next level and contribute to Nigeria’s digital ecosystem.
FAQS Regarding NSIA Prize for Innovation
Who is eligible for the NSIA Prize for Innovation 2023?
Nigerian citizens, 18 years or older, running innovative tech-focused or tech-enabled businesses/startups operating in Nigeria for at least six months, seeking to raise seed round, and with a minimum viable product (MVP) are eligible.
What sectors are targeted by the NSIA Prize for Innovation 2023?
The program focuses on tech-enabled businesses in financial services, agriculture, health, education, manufacturing, logistics & e-mobility, e-commerce & marketplaces, and climate.
What are the prizes for the NSIA Prize for Innovation 2023?
The 10 finalists will receive up to $255,000 in cash and equity, with 3 winners and 7 runner-ups emerging after the bootcamp.
What is the deadline for the NSIA Prize for Innovation 2023 application?
The deadline for the application is April 8, 2023.
How can I apply for the NSIA Prize for Innovation 2023?
To apply, visit the NSIA Prize website and follow the application instructions provided.
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