The Federal Government Student Venture Capital Program (S-VCG) for young Nigerian student founders (50 Million Naira in equity-free funding)

4.6K

Application Deadline: Unspecified

Applications are now open for the 2025 Student Venture Capital Program. The Student Venture Capital Program (S-VCG) provides funding, validation support, and national visibility for bold student-led businesses — powered by the Federal Ministry of Education.Sectors

Requirements

• The program is looking for ideas, solutions, projects, or businesses that fall under STEMMS — that’s Science, Technology, Engineering, Mathematics, and Medical Sciences.

Empowering Student Innovators Across Nigeria’s Key Development Sectors

Science

Ventures Creating tangible solution from scientific research, biotechnology and agricultural innovation

Technology

Tech-driven ventures using software, hardware or AI to solve specific challanges and build Nigeria’s digital economy

Engineering

Engineering-based projects that design, build or optimize machinery, sustainable infrastructure and industrial systems

Mathematics

Ventures built on mathematical innovation, including advanced analysis, financial modeling and data driven solution

Medical Science

Ventures in healthcare and med-tech that improve healthcare delivery, develop medical devices or enhance public health

Program Details

Submit Your Business

Students or teams upload their business details, pitch video, and funding request through the S-VCG application portal.

Get Reviewed & Receive Feedback

Applications go through multiple review rounds. Even non-selected projects receive structured feedback and remain visible in the Innovation Repository.

Validate & Refine Your Solution

Shortlisted teams work through a structured validation process to refine their solution, strengthen their business model, and prepare for milestone activation.

Receive Milestone-Based Funding

Approved teams unlock funding in tranches upon reaching specific milestones, tracked transparently through the S-VCG system and incubation period.

For More Information:

Visit the Official Webpage of the Student Venture Capital Program