The Science and Technology Innovation Challenge (STIC) is a novel entrepreneurship development program by the Nigerian Content and Development Management Board (NDCMB) and implemented by Enactus Nigeria/
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This content is intended to challenge all students of accredited Nigerian tertiary institutions, to apply science, technology and innovation to finding home-grown solutions to everyday problems across all sectors of the economy.
STIC are in the fourth industrial revolution where technology is positively disrupting EVERY sector-including, but not limited to finance, education, health, transportation, entertainment, communication, and retail.
- Host Country: Nigeria
- Category: Competitions
- Eligible Countries: Nigeria
- Reward: Over 60 Million Naira Prize & Grants
- Deadline: January 31, 2021
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Details
The STIC will challenge the next generation of Nigerians to think of innovative ways to apply science and technology to solving the deep problems experienced in every sector of the Nigerian economy.
Winners of the 2020 STIC will not only get prizes, but will gain exposure to industry experts who will mentor them to scale their innovation into business ideas that will remain profitable, while providing more jobs and creating wealth.
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Requirements
- Teams of two students from any of the accredited tertiary institutions in Nigeria
- A team can only consist of students who are not graduating before December 2021.
- Students can be from any department in any of the tertiary institutions
Benefit
- Encourage research and development (R&D) as well as local content development in Nigerian tertiary institutions.
- Facilitate the development of research-based, technologically-driven, innovative and profitable entrepreneurial ventures.
- Foster collaboration among tertiary institutions and the private sector for the development of local content.
- Inspire Nigerian students to embrace and imbibe the culture of critical thinking and R & D.
- Challenge Nigerian students to develop home-grown innovations that support the Nigerian development drive
- Position the Nigerian Content and Development Management Board (NCDMB) as a front-runner in encouraging R & D among Nigerian students while also stimulating ideas that can open up development in science, engineering and technology.
Competition Stages
- Regional screening: All submitted entries are screened and grouped into three geographical regions (North, South/East and West) where the students’ institutions are located. Top 5 entries each are selected from each region
- Regional competition: The top 5 entries from each region advance to the regional competition stage. They are given seed fund of N500,000 (Five Hundred Thousand Naira) to develop a prototype of their innovation or concept which will be showcased at the regional competition. Top 2 entries each are selected as regional winners
- Bootcamp and mentorship: The 2 entries from each region then enter a one-week bootcamp where the business side of their innovation is further developed through one-on-one mentorship
- Grand finale: The 6 regional winners enter the grand finale where 3 teams will emerge as winners. One of these, will be STIC 2020 National champions
Method of Application
Application for the 2020 STIC is open from November 19th, 2020 to January 31st, 2021 using the link provided below
Deadline: January 31, 2021
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