4 Days to go – Apply for In’Genius Youth Competition – Let your Business idea win you N2,500,000 this July
Submitted by admin on June 16, 2012 – 2:09 pm
Updated: 16/6/2012
4 more days to apply…
Are you a young Nigerian graduate or undergraduate between the age of 18 and 35? Do You Have an Innovative Idea that can advance the cause of Nigeria? The InGenius Youth Competition offers you a life time opportunity to contest and stand a chance to win N750, 000, N1, 500,000 or a Grand Prize of N 2,500,000In’Genius project is a movement that provides opportunities for ingenious individuals to present their solutions to problems in developing countries and receive funding for its execution. In’Genius project competition is accepting applications from innovative Nigerian youths around the world to participate in the InGenius Youth Competition. The InGenius Youth Competition
The
first edition of In’Genius project competition (Version 1.0),
structured for undergraduates, is centered on problem solving ideas and
will be hosted in the Moshood Abiola University
of Lagos (formally UNILAG) for July 2012. Young idea generators will
express themselves intellectually while identifying the problems and
solutions. It focuses on six basic problems that cripple the Nigerian
economy; Poor Electric Power Supply, Poor Transportation, Expensive ICT, Poor Agricultural mechanization, Poor Tax management systems and Low Tourism Attractions.
 Idea Selection Criteria Competitions are to provide relevant and innovative ways for;
9th-11th July, 2012 Prizes to be Won The prizes for the 1st edition of In’Genius project competition are as follows 2nd Runner Up The second runner up will win a cash prize of seven hundred and fifty thousand naira (N750,000). 1st Runner Up The first runner up will win a cash prize of one million five hundred thousand naira (N1,500,000) The Best Idea The best idea will go home with a cash prize of two million five hundred thousand naira (N2,500,000) Other Benefits The top ten (10) finalists will be invited to attend a dinner with top government functionaries, captains of industries, and company representatives. The top twenty (20) ideas will be published in the In’Genius Magazine to be unveiled at the dinner. Entry Requirements Competitors are required to enter as groups; minimum of 3 and maximum of 6 members in each group, with an (optional) supervisor (A doctor in the group’s discipline). How to Enter To enter for the youth competition, send an email to submission@ingeniusyouth.com;
The group head will receive a letter confirming their entry once all requirements have been verified. Submission Deadline Entry for the competition closes on June 20th, 2012. Competition Procedure Round 1 All groups will be required to submit a twenty (20) paged (at most) power-point presentation of their ideas via the portal allotted on the website for that purpose. Submission of ideas and judging will last for about one month. Presentations will be judged based on Clarity of Presentation, Ingenuity, Relevance of the Idea, and Practical application in present day Nigeria. Presentations must follow the following sequence; Title Page, Content Page, Statement of Problem, Innovative Solution (Idea), Application of Solution in Nigeria, Procedure for producing (manufacturing) the Solution, and Limitations of Solution. Presentations should be limited to 500 words, Andalus font-type and justified page alignment (Images of prototype would be an added advantage) Round 2 At the end of one month, twenty (20) groups that qualify for the semi-finals will be contacted and requested to upload a video presentation of their ideas showing (at least) a miniature prototype of the idea. Uploaded videos will be judged based on quality of video, clarity of presentation, quality of prototype, output of prototype, ingenuity and relevance of idea, and teamwork. Video presentations should be at most 15 minutes long and in H.264/MPEG 4, HD and flv formats. For purposes of idea protection, all submitted videos will be copyrighted by In’Genius® Management team before being released for public viewing and voting. Round 3 Two weeks before the day slated for the finals, voting portals will be opened online for audience and students in competing schools to vote for their representatives. Voting will close at 12 midnight on the eve of the finals. All competitors will be brought in from their respective schools for a proper presentation in front of a large crowd, where the judges will (in conjunction with voting audience) decide the top three winning ideas. Get more details about the youth competition at www.ingeniusyouth.com/competition.php Read more: http://www.afterschoolafrica.com/2012/06/let-your-business-idea-win-you-n2500000-this-july-apply-for-ingenius-youth-competition-today.html#ixzz1xzJsoHpJ |
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