Competition & Award
NSIA Prize for Innovation (NPI 4.0) 2026
Apply by Jul 8, 2026
About
A competition designed to support Nigerian entrepreneurs by providing a substantial prize pool and opportunities for mentorship and training, focusing on innovative solutions in critical sectors such as healthcare, climate, food security, and manufacturing. Participants will engage in a multi-stage competition that connects them with potential investors and industry experts.
Benefits
- 💰Total Prize PoolTotal prize pool of $275,000
- 🏆NSIA PrizeNSIA Prize of $220,000 for the winner
- 🌍Cascador PrizeCascador Prize for Impact valued at $45,000
- 🏦Wema Bank AwardWema Bank Enterprise Award worth $10,000
- 🎓Training OpportunityFully sponsored training at a partner institution
Eligibility Criteria
- Open to Nigerian entrepreneurs
- Startups in Healthcare, Climate & Food security, or Manufacturing
- Must have innovative solutions with potential for social and economic impact
Participation Commitments
- Must participate in a multi-stage competition
- Commitment to mentorship and training throughout the program
- Engagement with potential investors during the competition
Target Region
Nigeria
Target Sector
Healthcare, Climate & Food security, Manufacturing
Nigeria Sovereign Investment Authority (NSIA)