The Federal Government has announced that 65 student innovators have been shortlisted from a pool of 30,639 applicants across 404 tertiary institutions nationwide for the final stage of the Student Venture Capital Grant (S-VCG). The initiative, a flagship program of President Bola Tinubu, is designed to support high-potential student-led ventures and strengthen Nigeria’s innovation-driven economy.
According to officials, the S-VCG program provides funding, mentorship, and technical support to students with scalable business ideas, aiming to nurture entrepreneurship and drive socio-economic growth. The shortlisted innovators represent a diverse range of sectors, including technology, healthcare, agriculture, and creative industries.
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The Federal Government emphasized that the program seeks to bridge the gap between academic knowledge and practical enterprise development, enabling young innovators to transform ideas into viable businesses. Finalists will undergo rigorous evaluation and receive guidance to ensure their ventures achieve maximum impact, positioning Nigeria as a hub for youth-led innovation in Africa.
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