FCMB and FMO Launch ₦20 Million AgriTech Investment Readiness Program 2025
The future of food security in Nigeria is getting a fresh boost as First City Monument Bank (FCMB), in partnership with FMO the Dutch entrepreneurial development bank, has unveiled a ₦20 million AgriTech Investment Readiness Program 2025. This initiative is designed to accelerate innovation in agriculture, empower entrepreneurs, and prepare promising AgriTech startups for sustainable investment opportunities.
Driving Growth in Nigeria’s Agricultural Ecosystem
Agriculture remains the backbone of Nigeria’s economy, contributing significantly to employment and food supply. However, the sector faces challenges such as low productivity, limited access to finance, and inefficient farming systems. By supporting AgriTech solutions, FCMB and FMO aim to bridge these gaps, enabling startups to develop scalable technologies that improve efficiency, access to markets, and profitability.
What the Program Offers
The ₦20 million funding will be directed towards capacity building, mentorship, and business development support. Selected startups will benefit from:
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Structured training sessions on business strategy, financial management, and investor relations.
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Access to mentors and industry experts with deep knowledge of agriculture, finance, and technology.
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Networking opportunities with potential investors and stakeholders.
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Practical support in scaling their innovations to reach smallholder farmers and agribusinesses.
Impact on Entrepreneurs
The Investment Readiness Program 2025 is not just about funding—it is about preparing AgriTech innovators to build strong, investor-ready businesses. Startups will gain the skills needed to attract local and international investors, ensuring long-term growth and sustainability.
According to FCMB, this initiative reflects the bank’s commitment to supporting small and medium enterprises (SMEs) and advancing food security in Nigeria. For FMO, it aligns with their mission of empowering entrepreneurs in emerging markets to drive inclusive development.
Why This Matters
As climate change, population growth, and food insecurity continue to pose challenges, AgriTech has become a vital solution for the future of farming. Programs like this one provide the platform needed to scale ideas into impactful businesses that can transform the agricultural landscape in Nigeria and across Africa.
Conclusion
The launch of the ₦20 million AgriTech Investment Readiness Program 2025 is a timely intervention that combines financial support, mentorship, and international collaboration. It’s a major step toward unlocking the potential of AgriTech startups and creating a more resilient agricultural sector for Nigeria’s future.
