The Nigerian Minister of Communications, Innovation and Digital Economic system, Bosun Tijani, revealed on Friday, Oct.13, that the federal government intends to grant 5 million naira ($6,444) to 45 synthetic intelligence (AI)-focused startups and researchers.
This initiative was disclosed by the minister in a publish on X (previously Twitter) and is a part of the not too long ago launched Nigeria Synthetic Intelligence Analysis Scheme, which is designed to facilitate the widespread utilization of AI to drive financial development.
As outlined on the scheme’s official web site, the main target areas embrace agriculture, schooling and workforce, finance, governance, healthcare, utility and sustainability. To be eligible for a grant, candidates should kind a consortium comprising a startup or tech firm, a researcher from a Nigerian college or a overseas researcher, based on the ministry.
To help the mainstreaming of the appliance of Synthetic Intelligence for financial prosperity, we’ve launched the Nigeria Synthetic Intelligence Analysis Scheme to fund 45 consortia of startups and researchers to permit them discover additional alternatives to deepen their… pic.twitter.com/CaD5Vqs8Du
— Dr. ‘Bosun Tijani (@bosuntijani) October 13, 2023
Candidates ought to current a analysis proposal aligned with the Ministry of Communications, Innovation and Digital Economic system’s AI focus areas. Moreover, they have to present a complete proposal highlighting the venture’s potential financial influence in Nigeria.
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Candidates will need to have a confirmed monitor document of excellence in analysis or entrepreneurship and are anticipated to publish a minimum of one peer-reviewed article inside one 12 months of receiving the grant.
In August, the Nigerian authorities prolonged an invite to scientists of Nigerian heritage, in addition to globally famend specialists who’ve labored throughout the Nigerian market, to collaborate in formulating its Nationwide Synthetic Intelligence Technique.
The applying interval commences on Oct.13, 2023, and concludes on Nov. 15, 2023. The ministry has indicated {that a} panel of AI specialists will assess the proposals.
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