Comprehensive Guide to Applying for the FG's N50 Million Student Venture Capital Grant
Student Venture Capital Grant Overview: The Federal Government has launched the Student Venture Capital Grant (S-VCG) to provide equity-free grants of up to ₦50 million to support student-led ventures in Nigerian tertiary institutions, aiming to discover high-potential innovators.
Application Process: The application involves multiple stages, including onboarding, project overview, media submission, funding intent, and final review, with a focus on STEMMS projects and a requirement for a registered business name.
Eligibility Criteria: The program is open to students enrolled in Nigerian public and private tertiary institutions, specifically those at least in their 300-level or above, although lower-level students can apply in teams with eligible peers.
Support and Guidance: Successful applicants will receive not only funding but also access to an incubation program and expert guidance to help refine their business models and achieve specific milestones during the incubation period.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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