The University of Lagos (UNILAG) is set to hold its maiden edition of the Professor Oluwatoyin Innovative Challenge (POIC) which is scheduled to commence on the 3rd of September, 2019 at the main campus of the institution.
No fewer than eleven teams are expected to present their innovations to top government functionaries, captains of industry, corpotare investors, researchers, students and members of the public.
The Innovation challenge, named after the Vice Chancellor of UNILAG, was designed to cater for emerging talents in a bid to build young entrepreneurs, make them locally relevant and globally competitive in their chosen areas of interest.
Addressing newsmen in Lagos ahead of the event, the Chairperson of POIC committee, Dr. Kehinde Kemabonta explained that the challenge entails groups of young, ingenious Nigerian students who will come forward with ideas and innovations that could proffer solutions to several human and environmental problems as well to advance the course of research in Science and Technology.
Kemabonta stated that no fewer than five hundred students from across Nigeria applied, noting that the number was pruned down to 25 and later to 11, out of which three would emerge as winners at the grand finale of the challenge.
Three finalists with the best creative scientific innovations will be rewarded with a sum of N1million each in addition to mentoring by experts in their chosen areas for the purpose of changing their ideas to commercial and profitable ventures.