Federal Government Opens Portal for Student Venture Capital Grant (S-VCG) — Up to ₦50 Million for Student Innovators

The Federal Government of Nigeria has launched the Student Venture Capital Grant (S‑VCG), a national initiative offering up to N50 million in equity-free grants to student innovators. This program is designed to transform ideas into market-ready businesses.

Eligibility Criteria: Who Can Apply?

To qualify for the S-VCG, you must:

• Be a student enrolled in a Nigerian tertiary institution (University, Polytechnic, or College of Education).
• Be at least in 300-level or its equivalent.
• Have a venture in a STEMM field: Science, Technology, Engineering, Mathematics, or Medical Sciences.
• Have a project that is beyond the idea stage with real-world potential.
• Have a business name registered with the Corporate Affairs Commission (CAC).

How the S-VCG Application Process Works

1. Submit Your Proposal: Upload your business details, pitch video, and funding request via the official S‑VCG application portal.
2. Review & Feedback: Applications undergo multiple reviews. Even unsuccessful projects receive valuable feedback.
3. Validate & Refine: Shortlisted teams enter a validation phase to strengthen their business model.
4. Receive Funding: Approved ventures unlock milestone-based funding tranches as they achieve specific goals.

Ready to Apply? Create Your Account Now

Visit the official S-VCG portal to start your application. You will need to:

• Provide personal details (Name, Email, NIN).
• Verify your account via a 4-digit OTP.
• Complete your student profile (Institution, Department, Level).
• Upload a valid school ID, admission letter, or fees receipt.

Don’t Miss Out! Early applicants will also receive a free one-year license for Google Gemini Pro & Advanced to power their ventures with cutting-edge AI tools.

Apply now and turn your innovation into a success story!