The fifth season of the FMN Prize for Innovation (FMN PFI 5.0) is now open for applications. This year’s edition focuses on Innovative Practices in Cassava Production and Processing, aimed at advancing efficiency, sustainability, value addition, and competitiveness within Nigeria’s cassava value chain. Small Business About the Prize The Prize for Innovation is an initiative of (FMN) designed to stimulate transformative solutions in Nigeria’s food and agro-allied sector. The competition is structured into two distinct categories to broaden participation and encourage both enterprise-driven and academic innovation. Categories & Eligibility  SME Category Open to: Registered Nigerian Micro, Small and Medium Enterprises (MSMEs) Operating within the food and agro-allied sector Developing innovative solutions in cassava production, processing, or value addition Prizes: First Prize: ₦5,000,000 Second Prize: ₦3,000,000 Third Prize: ₦2,000,000  Student Category Open to: Food Nigerian students at undergraduate or postgraduate levels Enrolled in recognized tertiary institutions Proposing innovative solutions addressing challenges in cassava production and processing Prizes: First Prize: ₦300,000 Second Prize: ₦200,000 Third Prize: ₦100,000 Focus Area: Innovative Practices in Cassava Submissions should demonstrate: Improved productivity or yield optimization Efficient processing technologies Post-harvest loss reduction Sustainable and climate-smart practices Market expansion or value-chain enhancement Technological integration (e.g., automation, digitization, biotech, etc.) Entries will be assessed based on innovation, feasibility, scalability, sustainability, and potential impact within Nigeria’s cassava ecosystem. How to Apply Visit the official application portal: https://www.fmnplc.com/prizeforinnovation/ Select the appropriate category (SME or Student). Complete the online application form. Submit required documentation before the stated deadline. The post Call for Applications: FMN Prize for Innovation 5.0 For MSMEs and Students (Up to N10 Million) first appeared on Oppotunities Hub.