Student Venture Capital Grant (S-VCG) 2026 — Up to ₦50 Million for Student Innovators
The Student Venture Capital Grant (S-VCG) is a Federal Ministry of Education initiative designed to support student innovators and teams developing high-impact solutions in Nigeria. The programme focuses on Science, Technology, Engineering, Mathematics and Medical Sciences (STEMM) and provides selected ventures with milestone-based funding, structured validation and national visibility. The current S-VCG cycle lists up to ₦50 million in grant funding. Funding is released in tranches based on achievement of defined milestones.
Verified by ScholarsConnect
Official Source CheckedReviewed by ScholarsConnect Editorial Team • Last checked: 12 Oct 2026
APPLICATION CLOSED — Application Cycle Concluded
The formal deadline for this opportunity was 30 September 2026. Applications are no longer being accepted by the awarding body at this time.
💡 Editorial Tip: Review the eligibility criteria and documentation requirements below to prepare your transcripts, motivation letters, and references well ahead of the next anticipated cycle.
Opportunity Overview
ScholarsConnect Eligibility Check
Difficulty: Highly Competitive✓ Best Suited For
Student innovators and cross-disciplinary university teams with STEMM prototypes solving tangible challenges in health, agriculture, energy, or education.
✕ Not Suitable For
Non-students, traditional non-tech retail ideas, or unverified student teams.
Eligibility Requirements
Applicants must:
- Be currently enrolled in a Nigerian tertiary institution.
- Attend a university, polytechnic or college of education.
- Be in 300 level or above, or equivalent.
- Be from either a public or private tertiary institution.
- Apply individually or as part of a team.
- Have a project/business with a CAC-registered business name/company in Nigeria.
- Have a clear business plan.
- Include expenditure milestones and KPIs.
- Operate within an eligible STEMM area.
- Have a project beyond the proof-of-concept stage and sufficiently developed to demonstrate real-world potential.
Lower-level students: Students below 300 level can participate as team members if the team is led by a qualifying 300-level-or-above student, with the eligible student included as a co-founder or partner.
Eligible Areas
- � Science
- � Technology ⚙️ Engineering
- � Mathematics 🩺 Medical Sciences
Benefits & Financial Coverage
Selected/qualifying ventures may receive:
- � Equity-free seed/grant funding
- � Milestone-based funding
- 🧪 Structured validation support
- 🧑🏽🏫 Mentorship
- �️ Tools and venture support
- 🌍 National visibility
- �️ Inclusion in the national innovation repository
- � Structured feedback for non-selected project
Required Documents Checklist
Applicants should be prepared to provide:
- Student/institution information
- Business/project information
- CAC registration details
- Business plan
- Expenditure milestones
- KPIs
- Pitch video
- Funding request
- Details about the innovation and its potential impact
- The official platform specifically states that applicants upload their business details, pitch video and funding request.
Common Mistakes to Avoid
Submitting speculative business concepts without a demonstrable prototype, institutional validation, or faculty endorsement.
Application Steps (Step-by-Step)
Visit the official S-VCG platform.
Create a student account.
Provide your personal and institution details.
Submit your business/project information.
Upload the required pitch and supporting information.
Submit your funding request.
Applications go through review rounds.
Shortlisted projects undergo validation and refinement.
Approved ventures can receive funding in milestone-based tranches.
ScholarsConnect Strategic Advice
Ensure your team includes a technical developer, product lead, and an academic mentor or department head as an endorser.
ScholarsConnect Editorial Verdict
A historic federal government grant initiative providing non-dilutive milestone funding of up to ₦50 million for breakthrough student ventures.
Official Source & Verification Notice
ScholarsConnect operates as an independent discovery platform. We summarize program guidelines to empower applicants. Never submit payment to unauthorized agents. Always verify current requirements on the official provider's portal.
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