The Nigerian Communications Commission (NCC) has awarded N20 million grant to four Nigerian tech startups in furtherance of its commitment to encourage development of new indigenous technologies and contents, that are oriented in cutting-edge research to stimulate sustainable economic growth.
NCC Awards N20m Grant to Tech Startups
Clearflow System Hub, Aelaus Engineering Teams/Hyech Electronics Solutions, Kalibotics, and CyberNorth Tech are the four startups that emerged winners of Virtual NCC Internet of Things (IoT) Code Camp and Hackathon 2021, and they received N5 million each on their innovative technology solutions aimed at making life better for Nigerians.
Categorizing the win, Clearflow System Hub and Aelaus Engineering Teams/Hyech Electronics Solutions, emerged winners on IoT category on kidnapping and banditry while Kalibotics and CyberNorth Tech, emerged winners on assistive robotics for effective e-waste management solutions.
The grant was for the novel digital solutions of four startups, aimed at finding innovative digital solutions in addressing the challenges of insecurity and to stem the growth in national e-waste rates, while advancing the frontier of Internet of Things (IoT) in Nigeria.
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Speaking at the prize-giving ceremony held at the commission’s headquarters, in Abuja recently, Director, New Media and Information Security at NCC, Dr. Haru Alhassan, who delivered a speech at the event, on behalf of the Executive Vice Chairman of NCC, Prof. Umar Danbatta, said the commission, as a frontline driver of innovation in Information and Communications Technology (ICT) industry, organized the second edition of the NCC Hackathon with a view to driving the creation of problem-solving tech innovations.
Danbatta said that the initiative was in line with the objectives of the Nigerian Economic Sustainability Plan (NESP) 2020, NCC’s Strategic Vision Plan (SVP) 2021-2025, Executive Order 5 of 2017, and Section 1 (f) of the Nigerian Communications Act (NCA), 2003 which focuse on promotion of Nigerian content in contracts, science, engineering and technology.
Representatives of agencies in the security governance sector, telecommunications operators, National Financial Intelligence Unit (NFIU) and Ministries, Departments and Agencies (MDAs) that attended the event lauded the NCC for the initiative.