CARI New Product Development Program 2025 (Funded)

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About CARI New Product Development Program

Selected and qualified processors will be supported in developing New Products (using cashew and rice /rice and cashew by-products) and launching these products into the market through a market exhibition that the project will organise.

The new products could be in the form of:

• Products new to the Market
• Products new to the firm/business
• Minor modifications of existing products)
• Completely innovative
• Improvement/Revision of existing products)

• Sponsor Organisation: Competitive African Rice Initiative (CARI)

Benefits of CARI New Product Development Program

Costs

• The project will support selected processors with funds to cover the cost associated with the development and launching of the products at a market exhibition to be organised by the MOVE project in collaboration with the Federal Ministry of Industry, Trade, and Investment. However, applicants with a reasonable budget will be given preference.

CARI New Product Development Program Requirements

They are looking to partner with processors, who are agents of innovation in the rice and cashew value chains and are willing to increase the local consumption of the rice/cashew and their byproducts in Nigeria.

• Processors that are motivated & willing to change.
• Must be operating in Nigeria.
• Must be a legally recognised business (valid business registration, business permits, etc.).
• Have at least three (3) years of experience in the field of rice or cashew pastry and gastronomy processing, Agri-food, cosmetics, health, etc.
• Prior plans to develop a new product (with Rice/Cashew and their by-products).
• Novel product (new to the business).
• Reasonable Budget based on product type.
• Must have already existing marketing channels: social media, joints, direct orders, supermarkets, etc.
• Not less than one Customer-oriented new products: Edible or not, Combustible or not.
• Willingness to share product recipe, available for future collaboration & M&E Reporting.

Application Date and Process

The applicants are expected to submit a concept note/proposal for the planned new products to be developed including the financial proposal to get the product to the exhibition/launching stage. Kindly make use of the concept note/proposal as a guide in writing your detailed proposal and hand it to [email protected] via E-mail. We highly encourage female-led businesses and persons with disabilities to apply.

Download Concept Note/Application Form Here

The application period will start on July 1, 2025, and closes on July 21, 2025

For further information, email them at the following email address: [email protected]

Application Deadline

21 July, 2025

Scholarship Application Portal

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