31.1 C
Abuja
Saturday, May 18, 2024

NCC extends submission of application for Hackathon

Must read

The Nigerian Communications Commission (NCC) has extended the deadline for submission of applications and entries into the 2023 Talent Hunt through Hackathon to Saturday, September 30, 2023.

To this end, the deadline for applications and entries into the contest, which opened on September 1, 2023, and initially closed today (September 22, 2023), has now been extended to the last day of September 2023.

The approval of the extension window by the Commission is to give ample time for more prospective and viable startups to tidy up their solutions in the required format for submission, as well as to enable more upcoming technology entrepreneurs to participate in the competition.

The talent hunt is one of the means through which the Commission gives concrete expression to its Strategic Vision Plan 2023–2025 by encouraging the development of new technologies and indigenous content through cutting-edge research to stimulate sustainable economic growth and development in Nigeria.

Consequently, the Commission had invited the Tech Hubs and Innovation-Driven Enterprises (IDEs) in Nigeria to enroll their start-ups and their solutions in the third edition of the NCC Talent Hunt Research through a hackathon with a focus on three (3) thematic areas, such as blockchain-enabled data protection solutions for enhancing regulatory compliance, assistive technology solutions for the elderly and people with disabilities, and technology solutions for renewable energy in rural areas.

The NCC Talent Hunt Research through Hackathon leverages emerging digital technologies to facilitate the development of home-grown innovative solutions and local content development in the telecommunications sector while fostering economic growth and social advancement in Nigeria.

The competition enables the translation of novel ideas into the development of hardware and software solutions that address industry and societal challenges. The best three solutions, one from each of the three areas listed above, will receive grants of N10 million each for the development of the solutions.

The Commission has set out eligibility criteria for those seeking to participate in the competition, which include that the enterprise applying must provide a certificate of registration with the Corporate Affairs Commission (CAC), the enterprise must not have previously received support from the Commission, the project should have clear relevance to one of the three thematic areas above, and it must provide a clear problem statement, proposed solution, and roadmap to deployment.
Other requirements include a proof of concept (which may also include technical feasibility of the idea with a diagram, algorithm, existing models, or case studies); the solution must be novel with the applicant making a declarative statement on ownership of the intellectual property; the solution, including prototype development, shall be concluded within 6 months of receipt of the grant; and it must propose a detailed commercialization plan for the prototype.

 The Entry Submission format indicated that the proposal must include ideation, Minimum Viable Product (MVP) and solution, Current Sweat Equity Investment, Product-Market Fit status, Verifiable Go-to-Market status, Growth Feasibility Assurances, Maturity Model and Timeliness; and Exist time: Disaster Recovery, where applicable

 All applications should be made online and must follow the stipulated entry format and there is no financial cost to participating in the competition while full control and ownership of the intellectual property of the developed solutions remain with the Commission.

The entries must be made by a tech hub or innovation-driven enterprise that must show evidence of the relationship with the start-up or solution being entered, a 4-page executive summary of the project concept, a 3-5 minute video of the pilot project, names, age, contact details, passport photos, and profiles of all team members, as well as the website (if available), as well as the email address of the applicant.

 

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article