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

₦250,000

(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