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FG Launches 2.5 Billion Naira Student Venture Grant Scheme

The Federal Government has launched the second cohort of its Student Venture Capital Grant, aiming to provide up to 2.5 billion naira in equity-free funding to student-led businesses. Through this initiative, 50 selected ventures will receive up to 50 million naira each to scale their innovative projects. The programme targets students in STEMM-related fields across Nigerian tertiary institutions, offering mentorship, industry connections, and business support. Applications remain open until September 30, 2026.

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