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FG to award N5 million to AI startups in new research scheme

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Dr. Bosun Tijani

The Federal Government has launched an Artificial Intelligence (AI) Research Scheme, through which it plans to award N5 million each to 45 startups and researchers focusing on AI.

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, announced the opening of applications for the scheme on Friday.

According to him, the objective of the scheme is to support the mainstreaming of the application of Artificial Intelligence for economic prosperity.

He said the N5 million grant is to help the startups and researchers improve their work for the benefit of the economy.

Announcing the launch of the scheme and opening of applications via a post on X, the Minister said:

According to the information shared on the scheme’s website, the areas being looked at include Agriculture, Education and Workforce, Finance, Governance, Healthcare, Utility, and Sustainability
Eligibility criteria

To be eligible for the grant, the Ministry said the applicant must be a consortium that includes a start-up or technology company, a Nigerian academic researcher, or a foreign researcher

Must be able to publish at least one peer-reviewed article within one year of receiving the grant.

The application opens on October 13, 2023, and ends on November 15, 2023. The Ministry said all applications must be submitted through the designated online channel provided.

It added that the proposals will be evaluated by a panel of AI experts, while shortlisted applicants will be notified via email and invited for an interview.

 

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