NSIA Opens Application Portal For $255,000 Maiden Innovation Prize

Following the recent launch of its US$255,000 innovation prize to be awarded as a combination of cash and equity investment in the underlying businesses of the winners, the Nigeria Sovereign Investment Authority (NSIA) is set to open its application portal to the public.

Application for the Innovation Prize programme which is structured as a business enhancement initiative to support early-stage, scalable solutions through education, mentorship, and financing, will open in March 2023 while the programme will run and close within Q2 of 2023.