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Digital Times Nigeria
Home » Moniepoint Founder Launches Future Builders Fund To Boost STEM Education
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Moniepoint Founder Launches Future Builders Fund To Boost STEM Education

DigitalTimesNGBy DigitalTimesNG10 October 2025No Comments4 Mins Read16 Views
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In a bold move to nurture Nigeria’s next generation of scientists, engineers, and innovators, the Tosin Eniolorunda STEM Foundation has unveiled the Future Builders Fund, a new scholarship initiative dedicated to empowering brilliant but under-resourced students.

The pilot programme aims to break down financial and systemic barriers that often limit access to quality STEM education, ensuring that high-potential students from all backgrounds can thrive and contribute meaningfully to Nigeria’s technological and economic growth.

In recognition of the fact that nations need to strategically invest in preparing their youth to take advantage of the global digital economy, the Tosin Eniolorunda STEM Foundation had donated a CAD/CAM laboratory worth over 100m naira to the Obafemi Awolowo University last year.

This gesture was even as the STEM Foundation was supporting other initiatives that include Management Students Association of the University of Lagos Entrepreneurship Challenge, Nigenius Inter-School Robotics Competition, and NextGen Connect Interschool Oratory Competition valued at 50m naira.

The Future Builders Fund addresses a challenge facing Nigerian universities: while STEM programmes have expanded and enrollment in fields like computer science and engineering has increased, many students face financial constraints that force them to abandon their studies.

This scholarship programme targets under-resourced students who possess the drive, intelligence, and builder’s mindset necessary to become Nigeria’s future innovators.

The vision behind the Future Builders Fund is premised in the belief that education is a powerful equalizer capable of turning raw potential into real solutions.

“Every child deserves the opportunity to become the best version of themselves, and socioeconomic barriers should not be a roadblock to mastery and brilliance,” said Tosin Eniolorunda, founder of the Foundation.

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“We are launching the Future Builders Fund to find and nurture the innovators who will shape Nigeria’s future. This is a way of creating financial happiness leveraging the power of education to help students from low-income and under-resourced backgrounds gain mastery, giving them a fighting chance at being innovative change makers, who will develop life-changing solutions.”

The Future Builders Fund will sponsor 14 outstanding students, two per university, across seven federal universities, providing tuition support, hostel accommodation, a laptop, and a monthly stipend.

In addition, scholars will benefit from ongoing mentorship and development programs designed to cultivate a solutions-oriented mindset throughout their academic journey.

For the pioneer cohort, the participating federal universities were selected across Nigeria’s six geopolitical zones, including Lagos. They are: Obafemi Awolowo University (OAU), Ile-Ife; University of Nigeria, Nsukka; University of Calabar; University of Abuja; Ahmadu Bello University (ABU), Zaria; University of Maiduguri and University of Lagos.

The scholarship is open to STEM students entering 200 level (i.e., those who have completed 100 level) in the listed universities. Interested applicants are required to submit: Basic bio-data, Academic record (100 level transcript or statement of result) and a personal essay or statement of need

Applicants will be screened based on academic merit, clarity of purpose, and demonstrated need. From each university, the top 10 shortlisted candidates will sit for a standardized test assessing academic ability, critical thinking, and problem-solving skills.

The best two candidates per university will be awarded the Tosin Eniolorunda STEM Foundation Scholarship.

The Future Builders Fund is demonstrating a commitment to nurturing talent that can drive national development. Scholarship recipients will be assessed annually and renewal will be based on satisfactory academic performance and demonstrated growth in technical or leadership skills outside the classroom.

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This ensures the programme supports students who are actively applying their knowledge to solve real-world problems.

This pilot edition of the initiative will lay the groundwork for a sustainable five-year, scalable scholarship program that exudes an innovative approach – financial support with mentorship, leadership development, and practical STEM skill application in a manner that can accelerate Nigeria’s cultivation of world-class STEM innovators.

Applications open immediately via the link: https://www.tosineniolorundafoundation.com/scholarshipapplication, and will close on 16th of October, 2025.

#Foundation #Future Builders #Moniepoint #STEM Education #Tosin Eniolorunda
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