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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Innovation»Calling Startups to apply for the LASRIC Innovation Challenge 2025
    LASRIC Innovation Challenge

    Calling Startups to apply for the LASRIC Innovation Challenge 2025

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    By Staff Writer on January 9, 2025 Innovation

    Are you a visionary innovator or startup ready to redefine the future? The Lagos State Science Research and Innovation Council (LASRIC) calls on bold thinkers and trailblazers to apply for funding and support under its 2024 Innovation Initiative.

    The LASRIC is an initiative established by the Lagos State Government to promote science, research, and innovation within the state. Its primary aim is to position Lagos as a hub for technological and scientific advancements, fostering innovation and research-driven solutions to societal challenges.

    Challenge Areas

    • Circular Economy: Innovations addressing waste reduction, recycling, and sustainable resource use.
    • Agritech and Food Security: Solutions ensuring food sustainability, enhancing agricultural productivity and improving supply chains.
    • Emerging Technologies: Disruptive ideas leveraging blockchain, laser technology, quantum computing, artificial intelligence, machine learning, and cloud computing.

    Why You Should Apply

    • Funding: Get the financial backing to scale your project.
    • Global Recognition: Become part of the elite group transforming Lagos.
    • Impact: Take your solution to new heights with LASRIC’s support.

    Eligibility Criteria

    To qualify for the LASRIC Innovation Award, applicants must:

    • Be a Nigerian citizen aged 18 or older.
    • Present a valid means of identification (LASSRA Card accepted).
    • Register and operate their business in Lagos State.
    • Have a Minimum Viable Product (MVP) with active customers.
    • Be ready to fund their team’s travel and associated expenses.
    • Show evidence of payment of Personal Income Tax in Lagos State.
    • Submit an original and innovative application.
    • Understand LASRIC’s objectives and align with its vision.
    • Have no outstanding debts to Lagos State Government programs (e.g., LSETF loans or support funds).

    Application Deadline: 31st January 2025.

    Click here to apply

    LASRIC granted N1 billion seed fund for innovative startups

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