Federal Government Student Capital Grant
Job Description
Federal Government Student Venture Capital Grant (S-VCG)
Empowering Student Innovation Across Nigeria
The Student Venture Capital Grant (S-VCG) is a major Federal Government initiative designed to support bold, student-led businesses across Nigeria. The program provides funding, mentorship, validation support, national visibility, and a platform for student innovators to build high-impact solutions.
Key Benefits
In this cycle, applicants get:1
- Up to ₦50,000,000 in milestone-based grant funding
- National Innovation Repository; your project stays visible even if not selected
- Exposure across all 36 states & FCT
- Structured mentorship and validation support
- Fair, transparent evaluation and professional feedback
About the S-VCG Program
The program supports students and teams working on innovative projects in STEMM sectors:
- Science – biotechnology, agriculture, research-based innovations
- Technology – software, hardware, AI-driven solutions
- Engineering – systems design, machinery, sustainable infrastructure
- Mathematics – data-driven solutions, modeling, analytics
- Medical Science – healthcare, med-tech, public health tools
- Every project submitted becomes part of Nigeria’s Innovation Repository; making your work discoverable by partners, investors, institutions, and potential collaborators.
How the Program Works
- Submit Your Business or Project: Upload your pitch video, business details, and funding request on the S-VCG portal.
- Get Reviewed: Your application goes through multiple professional review rounds. Even if you are not selected, you still receive feedback and your project remains visible.
- Validate & Refine: Shortlisted teams undergo a structured validation process to strengthen their model before funding.
- Receive Funding: Approved applicants receive equity-free grants, released in tranches when milestones are achieved.
National Endorsement
- The Honourable Minister of Education, Dr. Tunji Alausa (FAMedS), CON, emphasizes the purpose of S-VCG:
“We are looking for the next Nigerian moonshot from our tertiary institutions… This is an equity-free investment in Nigeria’s future.”
Eligibility Requirements
To apply, you must:
- Be a student currently enrolled in a Nigerian university, polytechnic, or college of education
- Be at least 300 level or equivalent (lower levels can join a team led by 300 level+)
- Have a business name registered with CAC
- Have a business or project in STEMM sectors
- Have a project that is beyond proof of concept (not just an idea)
- Have a clear business plan, KPIs, and funding milestones
- You can apply individually or as a team.
What S-VCG Is Looking For
Projects that are:
- Innovative
- Scalable
- Solving real challenges in Nigeria
- Technically feasible
- Built by students willing to follow validation and milestone structures
Frequently Asked Questions
Q: Can private school students apply?
Yes — both public and private institutions are eligible.
Q: Must my business already be fully built?
Not fully, but it must be beyond just an idea. A workable prototype or clear validation helps.
Q: Can I apply as a team?
Yes. All teams must include at least one 300-level-and-above student.
Q: Do I need a registered company?
You need a CAC business name, not necessarily a full company.
Q: What sectors are eligible?
STEMM — Science, Technology, Engineering, Mathematics, Medical Science.
Why You Should Apply
This program gives students:
- National visibility
- Access to mentors and government-backed support
- A chance to unlock up to ₦50M
- Recognition in the official Innovation Repository
- Pathways to investors, partners, and incubators
Ready to Apply?
Join thousands of young Nigerian innovators building solutions for the future.
Apply Now
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