Call For Application: NSIA Prize for Innovation NPI 2026

About NPI

The NSIA Prize for Innovation (NPI), an initiative of the Nigeria Sovereign Investment Authority (NSIA), is designed to empower entrepreneurs and changemakers whose innovative ideas can drive meaningful social and economic impact. Designed to nurture ingenuity and accelerate high-potential ventures, NPI provides funding and strategic support to early-stage, growth driven solutions. Through this initiative, NSIA aims to inspire groundbreaking ideas that enhance productivity, strengthen industries, and deliver lasting social impact in Nigeria and beyond.

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Does your startup have the potential to drive innovation and deliver impactful solutions in Healthcare, Climate & Food security, or Manufacturing? Apply for NPI 4.0 for an opportunity to win a share of the US$275,000 prize pool, comprising the NSIA Prize of $220,000, the Cascador Prize for Impact valued at US$45,000, and the Wema Bank Enterprise Award worth US$10,000, alongside fully sponsored training at a partner institution.

What Are The Goals of NPI?

The NSIA Prize for Innovation (NPI) was established by the Nigeria Sovereign Investment Authority to strengthen Nigeria's entrepreneurial ecosystem and _support homegrown solutions with the potential to drive meaningful socio-economic development. This mandate is anchored in anchored in five clear goals.

• To recognise and reward Nigerian innovators and start-up founders in key sectors within the Nigerian business ecosystem.
• To act as an early-stage investment catalyst for innovators.
• To mentor and equip founders with the tools required for scaling and product-market fit.
• To connect startup founders to pote investors.
• To create a community of connected individuals to ensure partnership across industries and sectors.

What NPI offers

a. The NPI programme champions start-ups that are poised to shape the future with innovative solutions. If you have an innovative solution that drives progress, transforms industries, or addresses real-world challenges, we provide the funding, mentorship, and resources to scale your solution.

b. Our network of experts and industry leaders will guide you to expand your reach and make lasting impact. With our support, you don't just build, you create sustainable solutions, unlock new opportunities, and lead the next wave of innovation.

How to apply:

Interested and qualified applicants should apply here https://nsia-ip.com

Closing date: 8 July 2026