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Federal Government Student Venture Capital Grant (SVCG)

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Editorial Staff
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Federal Government Student Venture Capital Grant

Apply for the Federal Government Student Venture Capital Grant (SVCG)!

The Federal Ministry of Education has officially announced the commencement of applications for the Student Venture Capital Grant (S-VCG).

The Federal Government Student Venture Capital Grant (SVCG) offers a ₦50m equity-free grant to student entrepreneurs with innovative projects that address real-world challenges.

Individuals interested in the Federal Government Student Venture Capital Grant (SVCG) should review the details, requirements, and application process provided below.

Federal Government Student Venture Capital Grant Summary:

  • Eligible Country: Nigeria
  • Category: Undergraduate Scholarships | Grant
  • Rewards: ₦50m Grant | Google Gemini Pro License | Access to Resources | Expert Mentorship

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Federal Government Student Venture Capital Grant Details:

The Federal Government of Nigeria, through the Federal Ministry of Education, has officially opened the application portal for the Student Venture Capital Grant (S-VCG).

The SVCG initiative is a central pillar of the Renewed Hope Agenda, designed to transform student-driven ideas into commercially viable, high-impact ventures and cultivate a new generation of Nigerian innovation entrepreneurs.

The program provides seed investment to student founders with innovative projects that address real-world challenges with clear potential for scale and commercialization.

Federal Government Student Venture Capital Grant Requirement:

To be considered for the Student Venture Capital Grant (S-VCG), you must:

  • be an eligible Nigerian student currently enrolled in an accredited tertiary institution (university, polytechnic, or college of education).
  • be capable of solving critical national or global challenges through the venture.
  • submit a proposal must demonstrate clear potential for scale and commercialization.
  • have a project that falls within the STEMM fields.

The primary focus areas for the S-VCG are the critical STEMM fields:

  • Science
  • Technology
  • Engineering
  • Mathematics
  • Medical Sciences

Document Requirement for Federal Government Student Venture Capital Grant:

To apply, candidates must be ready to submit the following documents;

  • Proof of Student Status: Valid student ID and admission documents.
  • Detailed Project Proposal: A comprehensive document outlining the problem, solution, market relevance, and scalability plan (focusing on the STEMM field).
  • Team Composition: Information on the core founding team and their roles.

Federal Government Student Venture Capital Grant Rewards:

The S-VCG provides comprehensive support far beyond the financial grant, ensuring ventures successfully transition into market-ready enterprises:

  • Equity-Free Funding: Successful student founders can receive up to ₦50 million in equity-free grants.
  • Intensive Incubation: Absorption into structured programs designed to refine and validate business models.
  • Expert Mentorship: Access to guidance from seasoned entrepreneurs and industry leaders.
  • Resource Access: Full access to the necessary tools, platforms, and resources required to develop and scale their startups.
  • Google Gemini Pro License: Every applicant who successfully submits a project will receive a one-year free Google Gemini Pro license, along with premium learning resources.

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How to Apply for Federal Government Student Venture Capital Grant

To apply for the Federal Government Student Venture Capital Grant (SVCG) for Nigerians, interested and qualified candidates should;

  • Click the link to visit the application page.

Step 1: Access the Official Portal

Step 2: Submission Preparation

  • Develop a strong proposal that clearly demonstrates the project’s scalability and market relevance, particularly within the STEMM sector.
  • Be ready to provide all necessary personal and institutional details.

Step 3: Online Submission

  • Complete the online application form.
  • Upload your project proposal and any supporting documentation as required by the portal.

Step 4: Receive Premium Access

  • Upon successful submission of a business project or innovation, the applicant will receive the promised one-year free Google Gemini Pro license and premium learning resources.
APPLY HERE: Federal Government Student Venture Capital Grant

Application Deadline: Not Specified

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