Federal Ministry of Education Launches ₦50m Student-Led Venture Capital Grant Programme (S-VCG)
Hello SKILLS AREWA HUB Community, The Federal Ministry of Education has officially launched the Student-Led Venture Capital Grant Programme (S-VCG)—a bold national initiative designed to support student innovators and entrepreneurs across Nigerian tertiary institutions.
Through this programme, eligible students can access equity-free grants of up to ₦50 million to scale innovative, technology-driven business ideas. This funding is a grant, not a loan, meaning beneficiaries do not give up ownership or repay the funds.
What the S-VCG Offers
- Equity-free grants of up to ₦50 million per successful student or venture
- Incubation support and mentorship
- Investment readiness and business scaling exposure
- Opportunity to transform innovative ideas into sustainable businesses
Also Apply: Call for Applications: SMEDAN GrowHer Accelerator Program (2nd Cohort) for Women Entrepreneurs 2026
Who Can Apply
- Students currently enrolled in Nigerian tertiary institutions
- Open to students from both public and private institutions
- Ideal for student-led, innovation-driven ventures, especially in tech and scalable solutions
This initiative reflects the Federal Government’s commitment to youth empowerment, innovation, entrepreneurship, and job creation, while positioning students as key drivers of Nigeria’s economic future.
Application Deadline: 23rd January 2026
Students with bold ideas are strongly encouraged to apply early and take advantage of this rare opportunity to secure up to ₦50 million in grant funding to scale their ventures.
