The Nigerian Communication Commission in keeping with its strategic intent as encapsulated in the National Digital Economy Policy and Strategy (NDEPS 2020-2030) pillar 8 “Indigenous Content Development and Adoption” is committed to promoting innovation for the sustainability and continuous development of the Nigerian Communications Industry.
Pursuant to this, the Commission invites Startups and Tech Hubs as well as Investors and the ICT ecosystem to participate in the third edition of the Annual Innovation Competition with the theme “Utilizing Indigenous Digital Solution to Bridge the Digital Divide”.
The ICT Innovation Competition will be a medium for showcasing talents and innovations in ICT ecosystem. This is aimed at motivating and encouraging Nigerian youths to engage in innovative developments for the telecoms industry and improve the nation’s ability to compete in the global economy.
In addition, the Competition is designed to promote indigenous solutions to bridge digital divide. The objective is to invite tech hubs and techpreneurs that have solutions in respect of the theme to come and showcase their innovations as developed.
Fifteen (15) Tech hubs/Startups will be shortlisted to showcase their technology to a panel of judges at the Digital Bridge Institute (DBI) Lagos Campus.
Those shortlisted will be announced on 23rd January, 2023.
The Tech hub/Startups with the best three Innovative prototypes will be awarded cash Prizes of N2 million, N1.5million and N1 million respectively.
Consolation prize will be given to the other competitors. Accommodation will be provided for the competitors for four (4) nights.
Eligibility
Prospective Technology Hubs and Startups entering the competition are required to submit proposals that meet the following criteria for consideration:
• The project should have a clear relevance to ICT/Telecommunication industry.
• Interested participants should be duly registered with the Corporate Affairs Commission.
• Proof of concept (feasibility of idea with diagram, algorithm, etc.).
Novelty of the project.
• The pitch idea should demonstrate clear commercial sustainability and profitability framework.
• Team diversity and indigenous capacity to develop and support the solution.
Project Submission
Guidelines
All applications should be ONLINE.
There is no cost to enter the competition and you will retain full control and ownership of your technology.
Each Team will register and submit the following documentation:
• 4 page Executive Summary of the project concept
• 5-7 minutes video of the pilot project
• Names, contact details, passport photos and profile of all Team members.
• Website (if available)
Submission Deadline
9th - 15th January, 2023
Submission Form for ICT Innovation 2023 - Click On This Link Below