The inaugural 3MTT Innovation Challenge beckons Cohort 1 fellows to utilize their technical prowess in tackling critical societal issues plaguing Nigeria. Whether opting for individual participation or team collaboration, participants have the chance to vie for a grand prize of 1 Million Naira and more.
To embark on this transformative journey, interested individuals are encouraged to:
1. Identify Current Social Issues: Dive into prevailing social challenges ranging from healthcare disparities and educational access to environmental sustainability and economic empowerment.
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2. Community Engagement: Engage with local communities or conduct surveys to gain firsthand insights into their challenges. Understanding the root causes of these issues is pivotal for crafting effective solutions.
3. Align with Technical Skills: Select issues aligning with one’s technical expertise for maximum impact, be it in software development, data analytics, engineering, or other fields.
4. Clearly Define the Problem: Articulate the problem statement clearly, illustrating its significance and who it affects.
5. Pitch Video Creation: Craft a compelling 3–5 minute pitch video detailing the proposed solution’s innovative approach and anticipated outcomes.
6. Application Submission: Submit applications, either individually or in teams (up to 5 members), along with the pitch video before the deadline.
Exciting prizes await successful participants, including:
Monetary Awards: Six winners will each receive ₦1 million in prize money.
Pre-incubation Bootcamp: Gain insights and mentorship through a week-long boot camp in Lagos.
Equity Funding Opportunity: Stand a chance to secure equity funding to scale solutions.
Demo Day Showcase: Present projects to potential investors and stakeholders.
Scholarship Opportunities: Benefit from LinkedIn and Azure scholarships.
Internet Routers: Receive routers equipped with 500GB of data for seamless connectivity and resource access.
The deadline for idea submission is March 25, 2024. Seize this opportunity to drive positive change and contribute to Nigeria’s societal advancement through innovation. Join the initiative in addressing the nation’s most pressing challenges.
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