Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation 2026 ($275,000 prize pool) – YOA

Deadline: July 8, 2026

Applications are open for the Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation 2026. The NSIA Prize for Innovation (NPI), an initiative of the Nigeria Sovereign Investment Authority (NSIA), is designed to empower entrepreneurs and changemakers whose revolutionary concepts can drive significant social and financial influence.

Designed to nurture ingenuity and speed up excessive-potential ventures, NPI supplies funding and strategic help to early-stage, development-pushed options. Through this initiative, NSIA goals to encourage groundbreaking concepts that improve productiveness, strengthen industries, and ship lasting social influence in Nigeria and past.

The programme will give attention to revolutionary startups within the following sectors:

• Healthcare
• Manufacturing
• Climate & Food Security

Prizes

• NSIA Prize for Innovation valued at $220,000.
• Cascador Prize for Impact valued at $45,000.
• Wema Bank Enterprise Prize valued at $10,000.
• A totally sponsored coaching with a companion establishment.
• An OPPORTUNITY to safe between US$500,000 and US$1,500,000 in fairness funding from Pula Xcelerator for mature companies.
• Opportunity to safe a spot on the National Finals of Wema Bank’s Hackaholics and compete for over ₦100 million in fairness-free grant funding.

Eligibility

• One of the founders should be a Nigerian Citizen.
• Applicants should be 18 years or older.
• Applicants should be working revolutionary and social influence-pushed startups.
• The startup ought to have operated for not lower than six months and be working in or inside Nigeria.
• The startup needs to be seeking to elevate a seed spherical.
• The startup ought to have developed a Minimum Viable Product (MVP).
• Applicants should be prepared and in a position to decide to a 4-week quick-observe accelerator programme.
• Only one application is permitted per applicant regardless of the sector. Subsequent functions will probably be disqualified.
• The startups of the highest 10 finalists should be registered in Nigeria.

Application

Click here to apply

For extra data, go to NSIA Prize for Innovation.