The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has announced that the Federal Government is set to award N5 million each to 45 promising startups and researchers who are devoted to advancing the field of Artificial Intelligence.
Tijani disclosed this via a post on his official X handle on Friday, October 13.
According to the Minister, the Nigeria Artificial Intelligence Research Scheme is designed specifically to promote the widespread use of AI technology in order to foster economic growth and development.
“We’ve launched the Nigeria Artificial Intelligence Research Scheme to fund 45 consortia of startups and researchers to allow them to explore further opportunities to deepen their work and build a sustainable AI ecosystem in Nigeria.
“We are inviting researchers and startups working in AI to apply for up to N5m (Five Million Naira) at this link airg.nitda.gov.ng/#, as we build a strong foundation for our ministry’s efforts to drive innovation, increase productivity in critical sectors and position Nigeria as a global centre for AI technology application.”
According to the information shared on the scheme’s website, the focal point include; Agriculture, Education and Workforce, Finance, Governance, Healthcare, Utility, and Sustainability.
To be eligible, the applicant must comprise a consortium composed of either a start-up or technology company, a Nigerian university researcher, or a foreign researcher, and meeting other eligibility criteria stipulated by the Ministry.
The application period runs from October 13th to November 15th, 2023; all applications must be submitted via the designated online channel provided as per Ministry guidelines.
The proposals will be assessed by a group of AI specialists. Shortlisted candidates will receive an email notification and be invited to participate in an interview.
