Utility Deadline: Might 31st 2020

The world as we all know it’s quickly altering and Lagos, projected to develop into the world’s largest megacity by 2100, already faces important challenges regardless of its place as a regional financial hub. These challenges current important alternatives for entrepreneurs who leverage progressive approaches to construct options that resolve essential points that influence residents throughout the metropolis. 

The Lagos City Innovation Problem is designed to help the innovators and entrepreneurs who’re shaping the Lagos of tomorrow. 

What does the way forward for Lagos appear like and the way does your answer make the town higher for everybody, together with these in casual city slums?

Necessities:

01 — City Focus

Your city answer or startup should function in or concentrate on Lagos. Your proposed city answer might make the town higher for the various, not simply the few.

02 — Stage and Crew

You should be an early stage startup/workforce with a minimum of a minimal viable product. There’s a desire for groups with a gender combine.

03 — Answer

You will need to be capable of show a transparent enterprise mannequin.

01 — Expanded Profile

The Problem is a good alternative to construct your community, acquire entry to key resolution makers and be acknowledged by the media.

02 — New Development

The Problem can open doorways for strategic partnerships to scale your options extra broadly.

03 — Inspiring Mission

The Problem is a chance to unravel essential city challenges for others in your metropolis.

Advantages

Extra advantages to be introduced within the close to future.

As much as 12 semifinalists will:

  • Obtain $10,000 in AWS Activate Credit legitimate for two years

As much as 6 finalists will:

  • Take part in Utopia’s digital city accelerator programme
  • Obtain curated  entry to fairness funding alternatives
  • Obtain curated entry to related Lagos State authorities businesses
  • Be eligible for workspace vouchers from Lagos Innovates
  • Get entry to Utopia’s international community of consultants and companions
  • Get 6 months precedence entry to Utopia Lagos CITYLAB house at launch
  • Get entry to Utopia Studio in Silicon Valley

Analysis Standards

01 — Crucial

Does this answer deal with a essential downside in Lagos?

02 — Authentic

Is the city answer progressive throughout the metropolis?

03 — Scalable

Can this answer influence a million folks in Lagos?

04 — Viable

Can this answer be carried out in Lagos?

05 — Crew Capability

Has the workforce demonstrated the capability to construct and scale the city answer?

Timeline:

April 6: Problem launched and name for purposes open

April 6 – Might 31: Utility part

June 1 – June 14: Utility assessment part; semifinalists chosen

June 15: Semifinalists notified and interviews scheduled

June 15 – July 5: Interviews performed and finalists chosen

July 6: Winners introduced

TBC: Summit and Award Ceremony

Be aware: Whereas the problem is designed to run just about and we don’t foresee any main influence of COVID-19 on the dates, there’s the potential of extending the applying interval to permit innovators reply to the emergence of latest developments that may form the way forward for cities.

For Extra Data:

Go to the Official Webpage of the Lagos City Innovation Problem 2020

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