LAUTECH Innovation Challenge is a student competition open to all LAUTECH undergraduate and post-graduate students. Teams and individuals compete to create innovative startups that will help solve important societal problems. The winner receives N1 million in seed capital to launch and scale their business.
The aim is to tell the other side of the LAUTECH story. The brand LAUTECH is famous for two parallel things; Cybercrime and the other less celebrated – Innovation. The unfortunate narrative that the former has crafted for LAUTECH has simply been as a result of the latter not being championed and given the kind of public airing it deserves. The technological space as well as other sectors of the Nigerian economy are replete with very brilliant minds who are LAUTECH products. This is the real LAUTECH – an institution that by default brings the entrepreneur to the fore in its teeming mass of students; that inculcates resilience, grit and creativity in its student populace.
LAUTECH student (undergraduates and post – graduates) teams of a minimum of three and a maximum of four persons make up a competing entry. Individuals can also participate.
No! All University alumni are prohibited from competing and entries submitted by them will not be considered valid for a spot in the competition.
Log on to www.lic.ennovatelab.com
Yes. You are not required to make any form of payment to anyone at any point in time to register for the competition.
Applications officially opened on the 15th of July.
Application officially closes on the 28th of September.
All applicants will create solutions that solve problems in the following thematic areas; Energy Access or Distribution, Human Security, Quality Education, Financial Inclusion, Quality Extractive Industry Processes, Qualitative Healthcare, Food Security.
No. All applicants must be LAUTECH students.
All applicants are advised to focus on just one of the thematic areas.
For further clarifications you can call or WhatsApp the following numbers: +2348163246055, +2347037062556, +2348109846416, +2347051676603. Or send an email to: email@example.com
The Judges are selected from the business, innovation and academic circles. Our main judges will be those who have experience with investment options.
No. Only one entry is allowed to be made per team and per individual
No. The competition will reckon with only the originally enlisted team members as bonafide candidates for the competition
Upon submission, all successful applicants will receive confirmation emails.
All successful teams will receive emails confirming their progress to the next stage.
Links to important resources are on this website as well as our social media platforms.
Yes. We guarantee that all submitted intellectual property will be actively protected from any form of theft.
Applicants are strongly implored to be on the lookout for information regarding the competition.
No. All applications will be judged using the given thematic areas.
The presentation will be for 10 minutes and finallists are advised to adhere to this rule.
Ennovate Lab and Hybrid Capital will have a percentage equity in the business.