UNILAG emerges first as FG awards N50m each to 45 students

FG Disburses N2.25bn to 45 Student Innovators Under Venture Grant Scheme - Tech

The Federal Government has given out N2.25 billion to 45 student innovators selected from tertiary institutions across the country. Presented in Lagos at the UNDP Innovation Hub in Ikoyi, where officials handed cheques to the beneficiaries on Sunday, the funding falls under the Student Venture Capital Grant (SVCG), a scheme designed to back student-led businesses with equity-free funding. The 45 winners emerged from a shortlist of 65 finalists w…

Students Get N50m Each As FG Launches Grant Scheme

The Federal Government has granted N50 million each to 45 students selected from 65 finalists from public and private tertiary institutions across the country under the Student Venture Capital Grant (S-VCG). The Minister of Education, Dr Tunji Alausa, who unveiled the initiative on Sunday at UNDP innovation Hub, Ikoyi, said the S-VCG was a bold declaration by the FG that the next wave of global innovation would be driven by the Nigerian youth. A…

45 Nigerian students get ₦50m each under FG's new Student Venture Capital grant

The Federal Government has inaugurated the Student Venture Capital Grant, disbursing ₦50 million each to 45 tertiary students drawn from universities across Nigeria. This is part of a national push to turn their ideas into scalable businesses. The Minister for Education, Tunji Alausa, unveiled the initiative on Sunday at the UNDP innovation hub in Ikoyi, Lagos. He described it as “a bold declaration by the federal government that the next wave o…

UNILAG emerges first as FG awards N50m each to 45 students

45 Nigerian students receive N50m each in FG grant, with UNILAG taking the lead, as Education Minister Alausa encourages creativity and entrepreneurship.

FG Disburses ₦2.25bn Grants to 45 Student Innovators, UNILAG Emerges Top Beneficiary

The Federal Government of Nigeria has distributed ₦2.25 billion to 45 student innovators under the Student Venture Capital Grant (S-VCG) initiative. The University of Lagos (UNILAG) is the largest recipient of this funding. Each grant is worth ₦50 million. These funds were awarded to the final group of beneficiaries selected from over 30,000 applicants from … The post FG Disburses ₦2.25bn Grants to 45 Student Innovators, UNILAG Emerges Top Benef…