NSIA Prize for Innovation 2024 (Up to $220,000)

This informs the public about the NSIA Prize for Innovation 2024. Details about the Program are given below.

NSIA Prize for Innovation 2024

Can your startup create ground-breaking, tech-enabled solutions in your industry? If the answer is yes, submit your application to NPI 2.0. Up to US$220,000 to be won in prizes and an all expense paid training programme in Silicon Valley, USA.

Program Details

NSIA Prize for Innovation (NPI) is sponsored by the Nigeria Sovereign Investment Authority (NSIA) to bolster innovation in Nigeria’s digital ecosystem, and support homegrown solutions that can drive socio-economic development.

NPI is designed to encourage and support ingenuity within the digital ecosystem and fund early-stage, growth driven solutions, with the aim of driving transformative economic growth, enhancing the nation’s productive capacity, and creating jobs.

Goals of NPI?

  • To recognise and reward Nigerian innovators and start-up founders in the tech ecosystem.
  • To act as an early-stage investment catalyst for innovators.
  • To mentor and equip founders with the tools required for scaling and product-market fit.
  • To connect startup founders to potential investors.
  • To create a community of connected individuals to ensure partnership across the ecosystem.


  • Open to startups with ground-breaking, tech-enabled solutions in your industry.
  • The priority sectors for the programme are: Financial Services, Agriculture, Health, E-commerce & Marketplaces, and climate. However, applicants that operate outside these priority sectors are still encouraged to apply.

How to Apply

For those interested in the NSIA Prize for Innovation 2024. Open this link to start the application process.

Application Deadline

  • The deadline for receipt of applications is 3 March 2024.

Open this link for more details about the NSIA Prize for Innovation 2024.

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