The Minister of Education, Dr. Tunji Alausa, has announced a N50 million Student Grant Venture Capital Initiative to support scaling student-led enterprises in Nigeria’s tertiary institutions.
Alausa said the initiative aims to bridge the gap between academia and industry by turning homegrown research into commercially viable products and services.
The minister made the announcement on Wednesday in Abuja when he inaugurated the Research and Innovation Commercialisation Committee (RICC).