Apply: Nigerian Bank Opens Application for N20m Grant, Lists Requirements, Target Beneficiaries

FCMB and FMO have launched a N20 million AgriTech Investment Readiness Programme in Nigeria to support promising agricultural startups and SMEs. The program, in partnership with Heave Ventures, aims to strengthen the capacity of agritech businesses by providing intensive training and access to funding.

The application process opened on August 8 and will run until September 12, 2025. Selected participants will receive training through digital learning tools like the Zimara platform to help them scale their operations.

Kudzai Gumunyu from FCMB and Abiodun Lawal from Heave Ventures emphasized the importance of scaling agribusiness innovation to revitalize the value chain, boost exports, and enhance Africa's position in the global food market. This initiative could potentially benefit the agriculture sector in Nigeria by creating opportunities for growth and development.