From Dealroom · · 40s
Nigeria's Flour Mills backs cassava-cheese startup with $7,600 grant
Nigerian food giant Flour Mills gives $7,600 to cassava cheese startup Kiyoko Foods.
In brief
Nigerian food giant Flour Mills gives $7,600 to cassava cheese startup Kiyoko Foods. Flour Mills of Nigeria awarded Kiyoko Foods a $7,600 grant for converting cassava into cheese balls. Originally reported by Dealroom.
Quick answers
- What's the deal?
- Kiyoko Foods, a Nigerian startup that converts cassava into nutrient-rich cheese balls, won a 10,000,000 NGN grant from Flour Mills of Nigeria.
- Why now?
- The fifth edition drew more than 2,700 entries and produced the prize's first female winner in its five-year history.
- What's the endgame?
- Flour Mills aims to strengthen food security through product innovation, local content development, and investment across agricultural value chains.
- What is the key takeaway from Nigeria's Flour Mills backs cassava-cheese startup with $7,600 grant?
- Flour Mills of Nigeria awarded Kiyoko Foods a $7,600 grant for converting cassava into cheese balls.
What's the deal?
Kiyoko Foods, a Nigerian startup that converts cassava into nutrient-rich cheese balls, won a 10,000,000 NGN grant from Flour Mills of Nigeria.
Why now?
The fifth edition drew more than 2,700 entries and produced the prize's first female winner in its five-year history.
What's the endgame?
Flour Mills aims to strengthen food security through product innovation, local content development, and investment across agricultural value chains.
The big picture
Flour Mills of Nigeria awarded Kiyoko Foods a $7,600 grant for converting cassava into cheese balls.
