NASENI Awards N100 Million Grand Prize to InnovateNaija Finalists
Young Nigerian innovators showcased homegrown solutions for energy and transport challenges, with a N100 million grand prize awarded to the top enterprise.
Young Nigerian innovators showcased homegrown solutions for energy and transport challenges, with a N100 million grand prize awarded to the top enterprise.
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The National Agency for Science and Engineering Infrastructure (NASENI), in partnership with AfriLabs, hosted the InnovateNaija 2026 Final Pitch Event, where 15 finalists presented locally developed solutions. These innovations aimed to address pressing challenges in sectors such as transportation, energy, agriculture, healthcare, and education.
The competition saw over 1,200 applications from across Nigeria, with the top 15 finalists vying for a N100 million grand prize. The presented solutions included locally fabricated electric vehicles and smart systems for monitoring liquefied petroleum gas (LPG) usage.
Nanko Madu, director of programmes at AfriLabs, highlighted that the initiative encourages young Nigerians to identify community problems and develop practical, technology-driven solutions. The program emphasizes moving innovations from prototypes to commercialization and market adoption.
The winner of the InnovateNaija competition will receive N100 million, with N30 million and N20 million awarded to the second and third-place winners, respectively. Additionally, state champions received N2.5 million, and five state winners received N5 million through matching commitments from state governors.
Beyond prize money, AfriLabs is providing an acceleration program to help participants strengthen their businesses, access further funding, and connect with investors, government institutions, and corporate organizations. This support aims to foster the growth of local enterprises and contribute to industrial development.
FAQ
What is the purpose of the InnovateNaija initiative?
The InnovateNaija initiative aims to encourage young Nigerians to identify pressing challenges within their communities and develop practical, technology-driven solutions, fostering commercialization and market adoption.
What support do the InnovateNaija finalists receive?
Finalists receive prize money, with the winner taking home N100 million, and participate in an acceleration program designed to help them strengthen their businesses, access funding, and connect with industry stakeholders.
