NITDA opens application for tech startups to win $220,000

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NITDA opens application for tech startups to win $220,000

The National Information Technology Development Agency (NITDA) has officially opened the application for tech startups to win as much as $220,000.

NITDA while declaring the application open in a post on its X handle on Friday gave Saturday, 23rd March, 2024 as the deadline for registration.

“Are you a startup? Can your startup create ground-breaking, tech-enabled solutions in your industry? If the answer is yes, submit your application to NPI 2.0,” said NITDA.

“Here is an opportunity to win up to $220,000 and an all expense paid training programme in Silicon Valley, United States (USA).

“For Registration, interested applicants should please visit http://nsia-ip.com. Don’t miss out on this incredible opportunity.”

According to NITDA, the NSIA Prize for Innovation (NPI) is sponsored by the Nigeria Sovereign Investment Authority (NSIA) to bolster innovation in Nigeria’s digital ecosystem and also support homegrown solutions that can drive socio-economic development.

NPI is designed to encourage and support ingenuity within the digital ecosystem and fund early-stage, growth driven solutions, with the aim of driving transformative economic growth, enhancing the nation’s productive capacity and creating jobs.

NITDA added that the goals of NPI are to recognise and reward Nigerian innovators and start-up founders in the tech ecosystem and also act as an early-stage investment catalyst for innovators.

Other goals are to mentor and equip founders with the tools required for scaling and product-market fit, to connect startup founders to potential investors and also to create a community of connected individuals to ensure partnership across the ecosystem.

“The programme is expected to catalyse the growth and development of the Nigerian technology ecosystem by identifying budding technopreneurs, enhancing their capabilities, and providing a platform to showcase and scale their digital solutions on a global scale,” explained NITDA.

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