Awards WHAT WINNERS GET Winning students STIC 2020 Champions ₦10,000,000(Ten Million Naira) + Business incubation First runner-up ₦4,000,000 (Four Million Naira) + Business incubation Second runner-up ₦1,500,000(One Million, Five Hundred Thousand Naira) Winning faculty guides STIC 2020 Champions ₦750,000(Seven Hundred and Fifty Thousand Naira) + Apple Mac First runner-up ₦500,000 (Five Hundred Thousand Naira) Second runner-up ₦200,000(Two Hundred and Fifty Thousand Naira) Winning institution STIC 2020 Champions WINNERS TROPHY+ research & development centre First runner-up SECOND PLACE TROPHY Second runner-up THIRD PLACE TROPHY JUDGING CRITERIA – Innovative solution must be scalable– Innovative solution must be driven by technology– Innovative solution must have real life applications– Innovative solution must proffer solution to at least one key sectors of the Nigerian economy –Innovative solution must create jobs–Innovative solution must reduce poverty– Innovative solution must be financially profitable and create wealth