Edit Content

Lasric Innovation Cohort II Call For Application (Win N5M Innovation Grant)

Lasric Innovation Cohort II

The Lasric Innovation Cohort II call for application is now on, they are looking for great ideas that could be related but not limited to Agriculture, Education, Healthcare, Housing, and Transportation.

If you have ideas/innovation in the listed areas, apply immediately.

See Also: Swiss Re Foundation 2021 Entrepreneurs For Resilience Award

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

The Lagos State Science Research & Innovation Council (LASRIC), in its bid to develop and resource Innovation and Science research, the council is calling for fund ready innovations. It is calling for innovations with the capacity to scale and deliver on the intrinsic economic and civic value in Lagos.

These initiative key focus areas include but are not limited to Agriculture, Science & Technology, Manufacturing, Healthcare, Transportation, Education & Housing.

Eligibility Requirements

To be eligible to participate for the LASRIC award, as an applicant, you must;

  1. Be a citizen of Nigeria
  2. Must be a minimum of 18years of age
  3. You must submit your application which must be your original work
  4. Have an MVP (minimum viable product) i.e. you have customers.
  5. Be able to fund your team travel expenses and other associated costs – understand the objectives of LASRIC and what it stands for; and
  6. Be able to represent LASRIC as an Ambassador.

See Also: UK-Nigeria Tech Hub Future Females Business School Tech Programme

Additionally, you must be able to provide;

  1. Valid means of identification (LASRAA Card is acceptable)
  2. Full disclosure of criminal records, if any
  3. Evidence of payment of personal income tax to date (if as an innovator, you are gainfully employed).

Benefits Of Lasric Innovation Cohort II

The winner of the LASRIC Cohort II will, subject to the Terms & Conditions, receive Funding of N5,000,000 (five million Naira)

Assessment Criteria

Your application must meet up with the following criteria;

  1. Vision: Problem – how big, as in how many people affected by it? Solution – how unique and commercially viable.
  2. Proposition: How valuable is it to the target customers.
  3. Organisation: Ability to execute
  4. Economics: Ability to execute
  5. Milestones: Achievements to date and forecasts

See Also: Thrive Africa Challenge 2020 For Innovative Early-Stage African Startups

The deadline for submissions for the LASRIC Innovation Cohort II is 21 Oct. 2020. If you are an innovator in any of the listed areas, this is an amazing opportunity is for you. Apply using this link; https://lasric.lagosstate.gov.ng/callup

Let’s create visibility for your brand today and put your business on the world map. Contact us today to make your brand the preferred choice among our audience of entrepreneurs and business leaders.

To keep track of our activities, follow us on Instagram.

Go from idea to starting your business in 30 days
Go from idea to starting your business in 30 days



Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Business Registration

Most Popular

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Related Posts

Tech Innovations for Entrepreneurs

Tech Innovations for Modern Entrepreneurs To Improve Their Businesses

Staying ahead of the curve is crucial for success in today’s business world. Tech innovations are the driving force behind this progress, transforming how entrepreneurs operate and compete. These tech advancements are not just optional for businesses today; they are essential for survival and growth in a competitive market. Entrepreneurs

Networking for entrepreneurs

The Importance of Networking for Successful Entrepreneurs

Networking for entrepreneurs is a powerful tool that can significantly impact the growth and success of a business. In today’s competitive business environment, building strong connections is more important than ever. That is why we structured the Start Your Business in 30 Days programme in a way that our entrepreneurs

Marketing tips for new entrepreneurs

Marketing Tips for New Entrepreneurs To Boost Their Business

One of the biggest hurdles new entrepreneurs face is effective marketing. Without the right marketing strategies, even the best products or services can go unnoticed. New entrepreneurs need to be equipped with the right marketing tips that will help them stand out. For new businesses to survive, they need great

Business structure for success

How To Make Informed Decisions On Business Structure For Success

How do you choose the right business structure for your success? One of the most important decisions to make when starting a business is determining the most suitable business structure. Choosing the right legal structure is crucial, as this impacts how your business operates. Various factors will influence this decision.

Scroll to Top

Join Entrepreneurs Family!

Get access to FREE business insights and funding opportunities daily.

Entrepreneurs Sign Up