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Lagos
October 22, 2026
The Industry
Fembol Group
Empowerment

Fembol Group awards ₦5m grants to student entrepreneurs

Fembol Group has awarded over ₦5 million in grants to student entrepreneurs through its Fembol Student Grant Pitch Day initiative. The program attracted over 500 applications from students across multiple tertiary institutions, with 10 finalists receiving ₦200,000 each to develop their ideas.

The winners were:

  • Pemnia Wellness (Opeyemi Adebisi) – ₦1.5 million for promoting holistic health and wellness through accessible and sustainable solutions
  • Versatile Energy (Nura Idris) – ₦1 million for providing innovative energy solutions aimed at improving efficiency and sustainability
  • Save Extra Ecopads (Joy Mamkwe) – ₦500,000 for addressing menstrual health challenges through eco-friendly and affordable sanitary products

The finalists presented solutions spanning wellness, energy, and sustainability, and were evaluated by a panel of industry professionals based on innovation, feasibility, scalability, and execution.

READ ALSO: Origin Tech unveils 2025 trends and 2026 outlook in Nigeria’s agricultural and food systems sector

Speaking at the event, a representative of Fembol Group reaffirmed the company’s commitment to youth entrepreneurship and innovation. “At Fembol, we believe that empowering young people with viable ideas is critical to building sustainable businesses and a resilient economy. The Student Grant is our way of supporting the next generation of founders,” the representative said.

Beyond funding, participants benefited from mentorship, feedback from judges, and networking opportunities, positioning them for long-term growth and scalability. The Fembol Student Grant Pitch Day underscores Fembol Group’s broader commitment to entrepreneurship development, innovation, and economic empowerment, particularly among Nigeria’s emerging MSME founders.

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