DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 7631

Apply to Nokia Open Innovation Challenge and Win!

0

 

Nigerian startups can now apply to Nokia Open Innovation Challenge, which offers companies in the IoT domain space the chance to win acceleration and a share of Euro100,000 in prize money.

The applications for the Open Innovation Challenge will close August 15 for innovators, startups and academia from around the world.

At Nokia we envision a future that’s marked by a whole new way of being. We believe in the benefits of harvesting the data produced by everything for everyone by turning it into new groundbreaking possibilities.

The Nokia Open Innovation Challenge 2016 is looking for futuristic technologies, the next big ideas and new business models in the Internet of things (IoT) domain.

Innovators, startups or academia from around the world can participate in this challenge and take a leap towards making lives better through technology. The rewards for the finalists include receiving a technology boost by entering the Nokia innovation accelerator program, access to the internal and global market of Nokia and investment opportunities from Nokia Growth Partners (NGP) and other venture capital firms. In addition, the top three teams will share incubation prize money of €100,000.

When: you can submit your innovation here  from June 6 to August 15, 2016.

 

Nigeria needs to copy Angola’s FACRA venture capital model

0

The economy of Angola mirrors that of Nigeria. Both are oil basket nations. They do well when there is boom and suffer when there is bust.

Nigeria has been trying to diversity into technology by giving money to entrepreneurs vi YouWin! and other initiatives at state levels. In these cases, the government runs the show with no sustainability. Angola has a private sector vehicle which does better.

FACRA is one of Africa’s largest VC Funds with assets in excess of $250 million. As an Angolan Government-backed organization, the Fund’s objective is to encourage innovation in Angola by supporting local entrepreneurs.

FACRA’s objectives involve helping to facilitate the launch and expansion of new businesses, boosting entrepreneurship, supporting the development of business skills, and promoting innovation and efficiency in Angolan small and medium enterprises. The fund also aims to build competencies, innovation and technological capabilities in businesses with which it invests.

As a government-backed venture capital fund, FACRA is a powerful instrument for the diversification of the Angolan economy. The Fund plays a particularly important role due to the current macro-economic environment, where access to financing by SMEs is difficult and the relatively small pool of skilled local workforce often impedes business expansion.

FACRA provides alternative, stable long-term equity funding to local and foreign entrepreneurs looking to enter the Angolan market. Organizations that FACRA invests in also benefit from expert business support in both a strategic and financial capacity during the business life cycle.

Kenya goes to professionalize ICT, requiring licensing

0

Kenya wants the IT techies to get licenses – the way lawyers, doctors and dentists do. It has a bill in the parliament for that. Welcome to the death of ICT in Kenya where growth will be driven by degrees instead of results.

 

Inaugural Quartz Africa Innovators 2016

0

The following are the 2016 Quartz Africa Innovators. According to the online publisher, the innovators have been chosen for their groundbreaking work, thought-leading initiatives, and creative approaches to problems.

 Amrote Abdella ? Iyinoluwa ‘E’ Aboyeji ? Bilikiss Adebiyi-Abiola ? Ally Angula ? Mantse Aryeequaye & Sionne Neely ? Patrick Awuah ? Edwin Bruno ? Evelyn Gitau ? Marie Githinji ? Danai Gurira ? Joseph Hundah ? Cyrus Kabiru ? Wanuri Kahiu & Nnedi Okorafor ? Agosta Liko ? Rafael Marques de Morais ? Dada Masilo ? Given Mkhari ? Matsi Modise ? Isaac Nabwana ? Wilfred Ndifon ? Axel Ngonga ? Okechukwu Ofili ? Diana Opoti ? Yusuf Randera Rees ? Winnifred Selby ? Laolu Senbanjo ? Gbenga Sesan ? Smockey (Serge Bambara) ? Kola Tunbosun ? Ciiru Waweru

Neuroscientists say multitasking literally drains your energy

0

Neuroscientists say multitasking literally drains your energy.Try carving out different times for specific activities instead.

Studies have found that people who take 15-minute breaks every couple of hours end up being more productive, says Levitin. But these breaks must allow for mind-wandering, whether you’re walking, staring out the window, listening to music or reading. “Everyone gets there a different way. But surfing Facebook is not one of them,” he says. Social networks just produce more fractured attention, as you flit from one thing to the next.