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, 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.
The challenge is open to all students of accredited Nigerian tertiary institutions.
Why it matters
We 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. 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.
Who can apply
-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
Criteria
-Innovative solution must be scalable
– Innovative solution must be driven by technology
– Innovative solution must have real life applications
–Innovative solution must proffer solution to at least one key sectors of the Nigerian economy
–Innovative solution must create jobs
–Innovative solution must reduce poverty
– Innovative solution must be financially profitable and create wealth.
Application for the 2020 STIC is open from November 19, 2020 to January 14, 2020
