NSIA prize for innovation’s call for application now open [Video]

NSIA launched an innovation prize with a total prize value of US$255,000 to be awarded as a combination of cash and equity investment to the underlying businesses of the winners.

The NSIA Prize for Innovation’s (NPI) primary objective is to identify, build, and finance early-stage innovative solutions that have the potential to catalyze economic growth, enhance the nation’s productive capacity, and create jobs. The NPI is designed to encourage and support ingenuity within the digital sector and to fund new solutions that could result in cost-effective, scalable, and transformative positive impact.

The NPI priority sectors are technology-enabled businesses in financial services, agriculture, health, education, manufacturing, logistics & e-mobility, e-commerce & marketplaces, renewables & power, and climate. The listed priority sectors were selected given the appreciable impact innovations in these sectors can have on the Nigerian economy. Applications from innovative tech-focused or tech-enabled businesses aforementioned sectors will be considered by an …