20 Apr 2020

2020 Lagos Urban Innovation Challenge For Innovators And Entrepreneur [ $ 10,000 Grant ]

2020 Lagos Urban Innovation Challenge For Innovators And Entrepreneur [ $ 10,000 Grant ]
Application Deadline: May 31, 2020


Overview: 
The world as we know it is rapidly changing and Lagos, projected to become the world’s largest megacity by 2100, already faces significant challenges despite its position as a regional economic hub. These challenges present significant opportunities for entrepreneurs who leverage innovative approaches to build solutions that solve critical issues that impact residents within the city.

The Lagos Urban Innovation Challenge is designed to support the innovators and entrepreneurs who are shaping the Lagos of tomorrow.


Thematic Areas:
The challenge is focused on urban innovations across various themes that affect city life. All entries will be considered though we generally place solutions in these buckets.

  • Energy & Grid
  • Food, Waste & Water
  • Govtech & Civic Education
  • Transport & Mobility
  • Built Environment & Real Estate
  • Infrastructure & Industry
  • Public Health & Safety
  • Wildcard Solution
Evaluation Criteria:
  • Critical: Does this solution address a critical problem in Lagos?
  • Original: Is the urban solution innovative within the city?
  • Scalable: Can this solution impact one million people in Lagos?
  • Viable: Can this solution be implemented in Lagos?
  • Team Capacity: Has the team demonstrated the capacity to build and scale the urban solution?

Eligibility:
  • Your urban solution or startup must operate in or focus on Lagos. Your proposed urban solution could make the city better for the many, not just a few.
  • You must be an early-stage startup/team with at least a minimum viable product. There is a preference for teams with a gender mix.
  • You must be able to demonstrate a clear business model.
Benefits:
  • The Challenge is a great opportunity to build your network, gain access to key decision-makers and be recognized by the media. 
  • The Challenge can open doors for strategic partnerships to scale your solutions more broadly.
  • The Challenge is an opportunity to solve critical urban challenges for others in your city.
  • Up to 12 semifinalists will: Receive $10,000 in AWS Activate Credits valid for 2 years
  • Up to 6 finalists will: 
  1. Participate in Utopia’s virtual urban accelerator program 
  2. Receive curated  access to equity funding opportunities
  3. Receive curated access to relevant Lagos State government agencies
  4. Be eligible for workspace vouchers from Lagos Innovates
  5. Get access to Utopia’s global network of experts and partners
  6. Get 6 months priority access to Utopia Lagos CITYLAB space at launch
  7. Get access to Utopia Studio in Silicon Valley
Application Procedure:
Aspirants are required to apply online. Click Here to Apply Now



For More Info Check The Lagos Urban Website




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