Empowerments

Student Venture Capital Grant (SVCG) Program

by Admin · November 18, 2025

The Federal Government of Nigeria, through the Federal Ministry of Education, has officially launched the Student Venture Capital Grant Program (S-VCG), a nationwide initiative designed to empower innovative student entrepreneurs.

This programme offers grant funding of up to ₦50 million to support groundbreaking projects in Science, Technology, Engineering, Mathematics, and Medical Sciences (STEMMS).

The Student Venture Capital Grant (SVCG) Program is open to 300 level students and above who are currently enrolled in accredited Nigerian tertiary institutions. More than 1,000 student led innovations will be featured in the National Innovation Repository as part of this initiative.

Table of Contents

About Student Venture Capital Grant (SVCG) Program

Fostering student led innovation with funding, mentorship, tools, robust performance, and national visibility. Student Venture Capital Program (S-VCG) partner with students and organizations that are building impactful solutions across Nigeria.

Student Venture Capital Program (S-VCG) provides development based support, robust quality assurance, and a national innovation repository that makes every innovative project visible, even when not selected for funding.

Student Venture Capital Program (S-VCG) built with transparency at its core and aligns with real world assessments, tracks progress against milestones, and enables payments through government approved channels.

Student Venture Capital Grant Program Summary

Application opens: Monday 17 November, 2025

Sponsored: Federal government of Nigeria

Host: Federal Ministry of Education

Grant Amount: Up to ₦50M grant funding

Program Targets: 1000 plus Student projects showcased in the National Innovation Repository

Program Location: 37 States and FCT Abuja.

Eligible Fields: Engineering, Mathematics, Medical Science, Science and Technology

Program Country: Nigeria

Application Deadline: Not Specified

Who is eligible for the S-VCG Program?

Applicants must be a citizens of Nigeria
Applicants must currently enrolled in tertary institutions in Nigeria (universities, polytechnics and colleges)
Applicants must be in their 300 Level and above and admitted in Nigerian tertiary institutions.
Applicants must be in any of the following: Science, Technology, Engineering, Mathematics, and Medical Sciences (STEMMS).

Student Venture Capital Grant (SVCG) Program Eligible Fields of Study

Engineering
Mathematics
Medical Science
Science
Technology

Student Venture Capital Grant (SVCG) Program Application Process

1. Pitch Your Business: Students or teams must upload their shared business information, a video pitch, and a funding request through the S-VCG application portal.

2. Review and Announcement: Applications go through multiple rounds of review. Even projects that are not selected receive positive feedback and are visible in the Creative Hub.

3. Validation and Shortlisting: Selected teams work through a rigorous validation process to fine-tune their solution, strengthen their business model, and prepare to launch significant work.

4. Receive Funding: Approved teams unlock funding in batches that have reached specific milestones, tracked through the S-VCG process and timeline.

Chevron Internship Program For Nigerians

Renewed Hope National Agricultural Mechanization Program (RHNAMP)

National Health Fellows (NHF) Programme

Labour Employment and Empowerment Program (LEEP)

Nigeria Jubilee Fellows Programme (NJFP)

Government Enterprise and Empowerment Programme (GEEP) for Nigerians

3MTT NextGen Fellowship for Nigerians

SMEDAN National MSME Conference for Nigerians

National Business Skills Development Initiative (NBSDI) For MSMEs