About NPI

NSIA Prize for Innovation

NPI is poised to identify, nurture and channel Nigeria's latent potential to catalyse economic growth, enhance productive capacity, create jobs and optimise resource sustainability. It is designed to encourage and support homegrown creativity within the key sectors and to fund new ideas that could potentially result in cost-effective, scalable, and transformative impact not just for Nigerians, but communities across the globe.

The programme is a multi-year commitment by the NSIA to empower budding Nigerian innovators and drive groundbreaking solutions across various sectors. Designed as a four-stage competition, it will culminate in the selection of ten (10) finalists, each receiving tailored support and prizes to scale their innovations and create lasting impact.

About NSIA

Nigeria Sovereign Investment Authority

Established as an independent investment institution by an Act of the National Assembly and assented to by the President of the Federal Republic of Nigeria on May 26, 2011, the Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) is the manager of Nigeria’s sovereign wealth fund. The Authority commenced operations in 2012, with the inauguration of the Board of Directors on 9th October 2012.

The NSIA is empowered to receive, manage, and invest funds in a diversified portfolio of medium and long-term assets on behalf of all three tiers of government in preparation for the eventual depletion of Nigeria’s hydrocarbon resources. NSIA achieves its mandate through three separate and ring-fenced core funds namely: the Stabilisation Fund (SF), the Future Generations Fund (FGF) and the Nigeria Infrastructure Fund (NIF).

About PVAC

The Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) is a strategic initiative aimed at transforming Nigeria’s healthcare sector into a global hub for health product and technology manufacturing. PVAC focuses on strengthening local production, improving access to quality healthcare products and services, facilitating knowledge transfer, driving economic growth, and fostering a supportive regulatory environment.
For more information, please visit PVAC

About Cascador

Cascador is a strategic entrepreneurship and leadership initiative focused on supporting high-impact African entrepreneurs in building scalable and sustainable businesses. Cascador provides founders with leadership development, practical business support, mentorship, and access to a strong network of business leaders and industry experts. The initiative is designed to strengthen entrepreneurial capacity, drive business growth, foster innovation, and create long-term social and economic impact across key sectors.
For more information, please visit Cascador

About Hackaholics by Wema Bank

Hackaholics is Wema Bank’s flagship innovation and entrepreneurship initiative focused on supporting startups, innovators, and technology-driven businesses across Nigeria and Africa. The platform is designed to foster innovation, accelerate business growth, promote digital transformation, and provide entrepreneurs with access to funding, mentorship, strategic partnerships, and market opportunities. Through Hackaholics, Wema Bank aims to strengthen the innovation ecosystem, encourage technology-enabled solutions to local challenges, and drive sustainable economic development.
For more information, please visit Wema Bank Hackaholics

About EDC

Enterprise Development Centre (EDC) is a leading enterprise development centre in Nigeria and indeed within the African continent. Established as a University connected enterprise development center in January 2003, EDC is a unit of the Pan-Atlantic University (www.pau.edu.ng) that provides a holistic approach to enterprise development service largely to small and growing businesses and more recently to students within the university community. EDC is headquartered in Lagos with satellite offices in Abuja and Kano.
For more information, please visit Enterprise Development Centre

About Innov8 Hub

Innov8 Hub is a Nigerian innovation and enterprise development organization focused on transforming promising ideas, research, and entrepreneurial talent into scalable, market-ready solutions. Working across startups, research institutions, industry, and the broader innovation ecosystem, the Hub supports venture development, commercialization, strategic partnerships, and enterprise growth, with a strong focus on driving job creation, economic development, and measurable social impact.
For more information, please visit Innov8 Hub

About Pula Xcelerator

Pula is a leading insurtech and climate risk management company focused on improving the resilience, productivity, and financial inclusion of smallholder farmers across Africa and emerging markets through innovative insurance solutions, digital infrastructure, and public-private partnerships with governments, insurers, agribusinesses, and development institutions. Beyond its core insurance business, Pula established the Pula Xcelerator, a strategic partnership and investment platform targeting mature, high-growth companies with proven products, commercial traction, and scalable deployment potential across emerging markets, providing selected ventures with access to Pula’s extensive network, distribution channels, implementation opportunities, and institutional partnerships to accelerate growth at scale.
For more information, please visit Pula Xcelerator