{"id":12181,"date":"2026-09-07T14:16:17","date_gmt":"2026-09-07T13:16:17","guid":{"rendered":"https:\/\/thestudententrepreneur.org\/?p=12181"},"modified":"2026-09-07T14:16:21","modified_gmt":"2026-09-07T13:16:21","slug":"apply-now-fg-grant-for-student-entrepreneurs","status":"publish","type":"post","link":"https:\/\/thestudententrepreneur.org\/?p=12181","title":{"rendered":"Apply Now: FG Grant For Student Entrepreneurs\u00a0"},"content":{"rendered":"\n
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If you are a student with a STEMM-based business idea and you have been waiting for funding to take it further, this is the opportunity you have been waiting for.<\/p>\n\n\n\n

The Federal Government has opened applications for the second cohort of the Next Moonshot Initiative. This is a grant program that will provide up to \u20a650 million each to 50 outstanding student-led ventures across Nigeria. The funding is completely equity-free, meaning you keep full ownership of your business while still receiving government backing.<\/p>\n\n\n\n

What You Stand to Gain<\/h1>\n\n\n\n

Selected students<\/a> will receive up to \u20a650 million in equity-free funding to develop their STEM-based business ideas into viable ventures. Beyond the money, successful applicants will also receive six months of mentorship from corporate and entrepreneurial organizations participating in the program. This will give them both the capital and the guidance needed to build something sustainable.<\/p>\n\n\n\n

How the Selection Process Works<\/h1>\n\n\n\n

Applications will first go through an AI-assisted screening process before being reviewed by ten human evaluators. Shortlisted applicants will then make virtual presentations, and finalists will attend a three-day boot camp before pitching their ventures to an evaluation committee. The process is thorough, so put your best foot forward from the start.<\/p>\n\n\n\n

Who Can Apply<\/h1>\n\n\n\n

The program is open to student innovators across Nigeria who are:<\/p>\n\n\n\n