ALP NG & Co Innovation Prize Challenge 1.0

ALP NG & Co Innovation Prize Challenge 1.0

Are you a creative? Are you under 35 years? Do you have an innovative idea that helps solve a life problem and makes life easier for the future?

Join the Challenge and stand a chance to win from a prize pot of over #2 million & 9-months legal retainer for the execution of your idea.

ALP NG & Co-Innovation Prize is an ALP NG & Co / ALP Professional Services Ltd project that seeks to encourage, promote and identify creativity and innovation among Nigerian youths.

Application Deadline - 7th December 2022

APPLY HERE (CLOSED)

Terms and conditions apply!

APPLICATION REQUIREMENTS

  • Innovations must be unique and original
  • Under 35 years old
  • Must be Nigerian living in Nigeria with innovative solutions capable of growing and scaling within the Nigerian eco-system.
  • Follow ALP NG & Co & ALP Professional Services on LinkedIn, Instagram, & Twitter
  • Upload your pitch deck and a 2-minute video of yourself giving a brief overview of your idea & ‘what Innovation means to you’.

Application is FREE

TIMELINE (Process & Grading)

Registration

Submission of Application: Those who meet all the requirements can apply from the 1st of December till the 7th of December 2022.

1st Phase

Application Assessment: The judges will assess the applicants pitch deck and video entries using the following guidelines;

  • Originality(idea) – 20 points
  • Functionality – 10 points
  • Technology – 20 points
  • Impact & Presentation – 15 points

Applicants with the best 5 (Five) innovations will be selected to proceed to the next phase.

2nd Phase

Social Media Campaign: The video entries of the 5 (Five) finalists will be published on the social media handles of ALP NG & Co & ALP Professional Services (LinkedIn, Instagram & Twitter). The finalists are expected to campaign for votes in the form of likes for their video entry on the social media handles of ALP NG & Co & ALP Professional Services for a period of 3 days.

The points to be earned for this phase are as follows.

Highest Likes – 25 points

Second Highest Likes – 15 points

Third Highest Likes – 5 points

The total points from the first and second phase will be collected and the finalist with the highest points will be declared winner.

1st Place (Winner) - One Million Naira (#1,000,000) & 6-months Retainer

2nd Place (Runner-up) - Seven Hundred Thousand Naira (#700,000) & 3-months Retainer   

3rd Place (2nd Runner-up) - Five Hundred Thousand Naira (#500,000) 

3rd Phase

Presentation of Prize Award: 16th December 2022: The cash prize award will be presented to the winners.

APPLY HERE (CLOSED)