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Startups, Seize the Opportunity! Apply Now for the LASRIC Innovation Challenge 2025!

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Startups, Seize the Opportunity! Apply Now for the LASRIC Innovation Challenge 2025!
Startups, Seize the Opportunity! Apply Now for the LASRIC Innovation Challenge 2025!
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Are you a visionary innovator or a bold startup ready to redefine the future? The Lagos State Science Research and Innovation Council (LASRIC) invites trailblazers and creative thinkers to apply for funding and support through its 2024 Innovation Initiative.

About LASRIC

Established by the Lagos State Government, LASRIC is dedicated to fostering science, research, and innovation. Its mission is to position Lagos as a global hub for technological and scientific advancements, driving solutions to societal challenges through groundbreaking innovation.

Focus Areas

The LASRIC Innovation Challenge 2024 targets transformative ideas in the following areas:

  • Circular Economy: Innovations in waste reduction, recycling, and sustainable resource management.
  • Agritech and Food Security: Solutions to enhance agricultural productivity, ensure food sustainability, and improve supply chains.
  • Emerging Technologies: Disruptive ideas leveraging blockchain, quantum computing, AI, machine learning, laser technology, and cloud computing.

Why Apply?

  • Funding: Secure the financial resources needed to scale your project.
  • Global Recognition: Join a prestigious network of innovators transforming Lagos.
  • Impact: Elevate your solution with LASRIC’s support and resources.

Eligibility Criteria

To qualify for the LASRIC Innovation Award, applicants must:

  1. Be Nigerian citizens aged 18 or older.
  2. Provide a valid means of identification (e.g., LASSRA Card).
  3. Register and operate their business in Lagos State.
  4. Have a Minimum Viable Product (MVP) with active customers.
  5. Be prepared to fund their team’s travel and associated expenses.
  6. Show evidence of Personal Income Tax payment in Lagos State.
  7. Submit an original and innovative application aligned with LASRIC’s vision.
  8. Have no outstanding debts to Lagos State Government programs (e.g., LSETF loans).

Application Deadline

Don’t miss this opportunity! Submit your application by 31st January 2025 to take the first step in revolutionizing the future.

Click here to apply

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Written by
Ejiga Victor -

An experienced writer with an analytical edge. 1000+ articles published since 2023, specialising in leadership, finance, venture capital, startups and technology

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