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The Nigerian Minister of Communications, Innovation and Digital Financial system, Dr. Bosun Tijani, revealed on Friday, Oct.13, that the Federal Authorities intends to grant a sum of $6,444 (5 million naira) every to 45 synthetic intelligence (AI) centered startups and researchers. This determine makes a complete of $289,980 (225 million naira) being given out for the aim of AI.
This data was disclosed by the minister in a submit on X. The not too long ago launched Nigeria Synthetic Intelligence Analysis Scheme is designed to facilitate the widespread utilization of Synthetic Intelligence to drive financial development.
As outlined on the scheme’s official web site, the focal areas embody Agriculture, Schooling and Workforce, Finance, Governance, Healthcare, Utility and Sustainability. To be eligible for the grant, candidates are required to type a consortium, comprising a startup or tech firm, a researcher from a Nigerian college, or a overseas researcher, as acknowledged by the Ministry.
To assist the mainstreaming of the applying 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 in keeping with the Federal Ministry of Communications, Innovation and Digital Financial system’s AI focus areas. Moreover, they need to present a complete venture proposal that highlights the venture’s potential financial affect in Nigeria.
As well as, a confirmed observe report of excellence in analysis or entrepreneurship is a requirement. Lastly, candidates are anticipated to publish a minimum of one peer-reviewed article inside one 12 months of grant receipt.
In August, the Nigerian authorities prolonged an invite to scientists of Nigerian heritage, in addition to globally famend specialists who’ve labored inside the Nigerian market, to collaborate within the formulation of its Nationwide Synthetic Intelligence Technique.
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The applying interval commences on Oct.13, 2023, and concludes on Nov. 15, 2023. All submissions must be made by the required on-line platform. The Ministry has indicated {that a} panel of AI specialists will assess the proposals. Those that make it to the shortlist will obtain e mail notifications and be invited for interviews.
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