NSIA Prize for Innovation for Nigerian Entrepreneurs 2024

Introducing the NSIA Prize for Innovation (NPI), a prestigious scholarship opportunity sponsored by the Nigeria Sovereign Investment Authority (NSIA) to empower and promote innovation within Nigeria’s digital landscape. This initiative aims to nurture and uplift indigenous solutions that can drive socio-economic progress in the nation. NPI is tailored to foster creativity within the digital sector by backing early-stage, high-potential innovations that can spur transformative economic growth, enhance productivity, and generate employment opportunities.


Benefits of NSIA Prize for Innovation:

  • Recognition and rewards for Nigerian innovators and tech startup founders.
  • Acting as a catalyst for early-stage investments in innovative projects.
  • Providing mentorship and resources to aid founders in scaling their ventures and achieving product-market fit.
  • Facilitating connections between startup founders and potential investors.
  • Building a supportive community to foster collaboration and partnerships across the ecosystem.

Requirements for NSIA Prize for Innovation:

  • At least one founder must be a Nigerian Citizen.
  • Applicants must be 18 years or older.
  • Operating tech-focused or tech-enabled businesses/startups with at least six months of operation in Nigeria.
  • Seeking seed funding for their business.
  • Having developed a minimum viable product (MVP).
  • Willingness to commit to a 4-week accelerator program.
  • Only one application is allowed per applicant regardless of the sector.

If you fit the criteria and are interested in this incredible opportunity, visit the Nigeria Sovereign Investment Authority (NSIA) website at to submit your application before the deadline on March 3, 2024. Don’t miss this chance to take your innovation to the next level and make a significant impact in the digital realm!


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