FG awards N2.5bn to 45 student ventures at 2026 S-VCG Bootcamp in Lagos

The Federal Government has awarded N2.5 cardinal successful grants to 45 outstanding pupil ventures astatine the 2026 Student Venture Capital Grant S-VCG Bootcamp and Awards, held astatine the UNDP Innovation Hub successful Lagos.

The winners were selected from a excavation of 65 finalists aft a rigorous screening process, according to a connection shared connected the Federal Ministry of Education’s authoritative page.

Speaking astatine the event, the Minister of Education Maruf Tunji Alausa, said the inaugural reflects the government’s committedness to turning tertiary institutions into hubs of innovation, entrepreneurship and applicable occupation solving arsenic portion of the Renewed Hope Agenda of President Bola Ahmed Tinubu.

“Beneficiaries tin entree up to ₦50 cardinal successful equity-free funding, alongside mentorship, incubation enactment and integer tools. With implicit 30,000 applications from 404 institutions,” Alausa said.

According to the statement, the Minister of Communications and Digital Economy Bosun Tijani, highlighted the relation of integer innovation successful shaping aboriginal businesses, portion Suwaiba Said Ahmad praised the finalists for their creativity and determination.

Other stakeholders, including Muntari Dandutse and Elsie Attafuah, urged continued concern successful youth-driven innovation to prolong momentum and enactment the country’s economical growth.

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