The best three solutions, one from each of the three areas listed above will receive grants of N10 million each for the development of the solutions.
Other requirements include a proof of concept months of receipt of the grant and must propose a detailed commercialization plan of the prototype. All applications should be made online and must follow the stipulated entry format and there is no financial cost to participating in the competition while full control and ownership of the intellectual property of the developed solutions remain with the Commission.
Source: News Formal (newsformal.com)
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