A bold new chapter in Nigeria’s STEM education has begun as the Tosin Eniolorunda STEM Foundation unveils the Future Builders Fund, a scholarship initiative aimed at equipping brilliant but under-resourced students with the tools, mentorship, and opportunities they need to transform their potential into lasting impact.
The pilot program seeks to eliminate the financial and structural hurdles that often derail promising students in science, technology, engineering, and mathematics (STEM) fields. Rooted in the belief that education is the most powerful driver of equality and innovation, the Fund will support exceptional students across seven federal universities, helping them stay focused on building solutions for Nigeria’s future.
Last year, the Foundation donated a ₦100 million CAD/CAM laboratory to Obafemi Awolowo University (OAU) and supported several youth innovation challenges, including the University of Lagos Entrepreneurship Challenge, Nigenius Inter-School Robotics Competition, and NextGen Connect Interschool Oratory Competition, valued collectively at ₦50 million.
According to Tosin Eniolorunda, founder of the Foundation and CEO of Moniepoint Inc., the initiative is a natural extension of his vision to democratize opportunity:
“Every child deserves the chance to become the best version of themselves. Socioeconomic barriers should not stand in the way of brilliance. Through the Future Builders Fund, we’re giving talented young Nigerians the support they need to innovate, lead, and create life-changing solutions.”
The Future Builders Fund will sponsor 14 students, two from each participating university, offering full tuition, accommodation, a laptop, monthly stipends, and continuous mentorship. Beneficiaries will also engage in structured leadership and innovation programs designed to shape them into solution-driven thinkers.
Participating universities span Nigeria’s six geopolitical zones, including OAU Ile-Ife, University of Nigeria Nsukka, University of Calabar, University of Abuja, Ahmadu Bello University Zaria, University of Maiduguri, and University of Lagos.
The scholarship is open to 200-level STEM students who have completed their first year. Applicants must submit their biodata, academic records, and a statement of need. Shortlisted candidates will take a standardized test assessing academic excellence and problem-solving ability, with the best two from each institution earning the scholarship.
Beyond financial aid, the Foundation emphasizes continuity and excellence, scholarship renewal will depend on academic performance and active engagement in leadership or technical development activities.
Applications are now open and will close on October 16, 2025.
The Future Builders Fund stands not just as a scholarship but as a movement, one that reimagines what is possible when Nigeria invests in its youth, empowering them to become the innovators who will shape the nation’s digital and economic destiny.
