Nigeria News
Apply For 3MTT Cohort 1 Innovation Challenge (Get ₦1M Cash)
![Apply For 3MTT Cohort 1 Innovation Challenge (Get ₦1M Cash) 1 3MTT Cohort 1 Innovation Challenge](https://searchngr.com/wp-content/uploads/2024/03/3mtt-innovative-challenge.png)
The 3MTT Innovation Challenge is calling upon fellows in Cohort 1 to leverage their technical expertise to address pressing societal challenges in Nigeria. Whether you opt to participate individually or as part of a team, you stand the chance to secure a grand prize of 1 Million Naira and more.
To apply, go to: https://3mttinnovative.ng/cohort1
To partake in this transformative initiative, follow these steps:
- Identify Current Social Issues: Begin by delving into the prevalent social issues confronting Nigeria today. This could range from healthcare disparities and educational access to environmental sustainability and economic empowerment.
- Community Engagement: Dive deeper into these issues by engaging with local communities or conducting surveys to gain firsthand insights into their challenges. Understanding the root causes and nuances of these issues is pivotal to crafting effective solutions.
- Align with Technical Skills: Select issues that resonate with your technical skills and have the potential for substantial impact. Whether you specialize in software development, data analytics, engineering, or any other field, seek out challenges where your expertise can make a meaningful difference.
- Clearly Define the Problem: Articulate the problem statement clearly, outlining who it affects and why it is of utmost importance to address. Providing context and illustrating the significance of the issue will bolster the credibility and effectiveness of your proposed solution.
- Pitch Video Creation: Craft a compelling 3–5 minute pitch video that encapsulates your proposed solution succinctly and persuasively. Communicate your innovative approach, anticipated outcomes, and why your solution merits consideration.
- Application Submission: Submit your application, either as an individual or as part of a team (with a maximum of 5 members), along with your pitch video before the deadline.
Prizes awaiting the successful participants include:
- Monetary Awards: Six winners will each receive ₦1 million in prize money, serving as recognition for their innovative contributions.
- Pre-incubation Bootcamp: Gain invaluable insights and mentorship through a week-long pre-incubation boot camp in Lagos, designed to refine and enhance your project.
- Equity Funding Opportunity: Stand the chance to secure equity funding to further develop and scale your solution, amplifying its impact.
- Demo Day Showcase: Showcase your project to potential investors and stakeholders during a dedicated demo day, providing a platform to garner support and resources.
- Scholarship Opportunities: Benefit from LinkedIn and Azure scholarships, empowering you with additional skills and resources to propel your career forward.
- Internet Routers: Receive internet routers equipped with 500GB of data, facilitating seamless connectivity and access to online resources.
The deadline for idea submission is set for the 25th of March 2024. Don’t miss out on this incredible opportunity to drive positive change and contribute to the advancement of society in Nigeria. Join us in harnessing the power of innovation to tackle the most pressing challenges of our time.
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