The Minister of Education, Tunji Alausa, has officially launched the Student Venture Capital Grant (S-VCG), offering Nigerian students the opportunity to access up to ₦50 million in investment funding for their businesses.
According to Alausa, the launch, which took place in Abuja, is part of President Bola Tinubu’s Renewed Hope Agenda, aimed at empowering youth and fostering innovation.
Speaking at the event, Alausa described the S-VCG as a government initiative designed to support student-driven innovations and startups through funding, mentorship, and visibility.
The S-VCG application portal opened on November 17, 2025, inviting students from federal, state, and private institutions to submit their applications.
