The 2023 Talent Hunt Research through Hackathon has been opened for Tech Hubs and Innovation-Driven Enterprises (IDEs) in Nigeria to enrol their start-ups and their solutions, organizer of the Hackathon, the Nigerian Communications Commission (NCC) has announced.
Announcing this in a statement, the telecom regulator said the Talent Hunt Research through Hackathon is part of giving expression to its Strategic Vision Plan 2023-2025, which is to encourage the development of new technologies and indigenous content through cutting-edge research.
“The goal of this initiative is to stimulate sustainable economic growth and development in Nigeria,” the statement noted.
According to the statement, the Hackathon focuses on 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.
Also, the 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.
Meanwhile, 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.
Critiria for application
The Commission has set out eligibility criteria for those seeking to participate in the competition, which include that the Enterprise 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
- It must provide a clear problem statement, proposed solution, and roadmap to deployment.
- A proof of concept (which may also include technical feasibility of the idea with 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 must propose a detailed commercialization plan of the prototype.
Entry submission format
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 existing time
- Disaster Recovery, where applicable
Other criteria
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/Innovation-Driven Enterprise that must show evidence of the relationship with the Start-up/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 profile of all team members and the website (if available) as well as an E-mail address of the applicant.
All interested and qualified enterprises should submit requested documents in a zip folder to https://ncc.gov.ng/talenthuntresearchhackathon2023 with the subject of the mail titled “Submission from <business name>” and the zipped file named after the business.
The Commission has run an advertorial on the Hackathon for 3 weeks and hereby requests those in the startups ecosystem to note that the application closes by Friday, 22nd September 2023.