• Sunday, May 26, 2024
businessday logo

BusinessDay

NCC extends submission of application for Hackathon

Fintech unveils platform to support businesses streamline  operations  Tomisin Fatoba  FinTrust Technologies Ltd., a fast growing fintech business has launched the PawaSuite platform to help businesses streamline their operations.    FinTrust through PawaSuite initiative, it brainchild project, is providing comprehensive business management solutions that are meticulously crafted for the unique demands of the Nigerian market.   The transformative platform is poised to revolutionize the operations and success trajectories of businesses, NGOs, and government agencies across Nigeria and beyond.  According to FinTrust,  the platform isn’t just another software platform, it’s an all-encompassing business management ecosystem designed to streamline operations across various sectors.   With its suite of features including sales, finance, HR, CRM, project management, marketing, and communication among others covers every aspect of organisational functionality.  “Our mission with the platform is to empower businesses of all sizes, from startups to established enterprises, with the tools they need to succeed in today’s competitive landscape,” Eyo Eluma, founder and CEO of FinTrust Technologies Ltd said.   “We understand the unique challenges faced by businesses in Nigeria, and PawaSuite is our answer to those challenges.”  Speaking on what sets the platform apart from others, the founder said whether it’s managing sales pipelines, handling finances, tracking projects, or nurturing customer relationships, the platform offers specialised modules tailored to specific industries- hotel management, pharmacy management, NGO management, and more.  The platform’s user-friendly interface and intuitive functionalities make it accessible to users with varying levels of technical expertise, he noted.  “Unlike complex and cumbersome alternatives, PawaSuite is designed to be flexible and easy to use,” he said.   “We believe that technology should empower, not hinder, business growth.”  Key features of the platform includes bulk communication that reaches customers effortlessly through bulk email, SMS, and WhatsApp messaging, and CRM which nurture leads, manage client interactions, and enhance collaboration with comprehensive CRM tools.  Others are HR management which  simplify HR tasks such as attendance tracking, leave management, payroll, and performance evaluation, and project management which helps businesses keep projects on track with task management, milestone tracking, and seamless team collaboration.  The platforms also provides sales and finance, customization and security for businesses

The Nigerian Communications Commission (NCC) has extended the deadline for submission of applications and entries into the 2023 Talent Hunt through Hackathon to Saturday, September 30, 2023.

To this end, the deadline for application/entries into the contest, which opened on September 1, 2023, and initially closed today (September 22, 2023), has now been extended to close on the last day of September 2023.

The approval of the extension window by the Commission is to give ample time for more prospective and viable startups to tidy up their solutions in the required format for submission as well as to enable more upcoming technology entrepreneurs to participate in the competition.

The talent hunt is one of the means through which the Commission gives concrete expression to its Strategic Vision Plan 2023-2025, by encouraging the development of new technologies and indigenous content through cutting-edge research to stimulate sustainable economic growth and development in Nigeria.

Consequently, the Commission had invited the Tech Hubs, and Innovation-Driven Enterprises (IDEs) in Nigeria to enroll their start-ups and their solutions in the third edition of the NCC Talent Hunt Research through a Hackathon with a focus on three (3) thematic areas such as Blockchain-enabled Data Protection Solutions for Enhancing Regulatory Compliance; Assistive Technology Solutions for the Elderly and People with Disabilities, and Technology Solutions for Renewable Energy in Rural Areas.

The NCC Talent Hunt Research through Hackathon leverages Emerging Digital Technologies to facilitate the development of home-grown innovative solutions and local content development in the telecommunications sector while fostering economic growth and social advancement in Nigeria.

The competition enables the translation of novel ideas into the development of hardware/software solutions that address industry and societal challenges. The best three solutions, one from each of the three areas listed above will receive grants of N10 million each for the development of the solutions.

Read also: NCC, UBA, others seek collaboration to strengthen payment system

The Commission has set out eligibility criteria for those seeking to participate in the competition, which include that the Enterprise applying must provide a certificate of registration with the Corporate Affairs Commission (CAC), the Enterprise must not have previously received support from the Commission, the project should have clear relevance to one of the three thematic areas above, it must provide a clear problem statement, proposed solution, and roadmap to deployment.

Other requirements include a proof of concept (which may also include technical feasibility of the idea with diagram, algorithm, existing models, or case studies; the solution must be novel with the applicant making a declarative statement on ownership of the intellectual property, the solution including prototype development shall be concluded within 6 months of receipt of the Grant and must propose a detailed commercialisation plan of the prototype.

The Entry Submission format indicated that the proposal must include ideation,

Minimum Viable Product (MVP) and solution, Current Sweat Equity Investment, Product-Market Fit status, Verifiable Go-to-Market status, Growth Feasibility Assurances, Maturity Model and Timeliness; and Exist time: Disaster Recovery, where applicable

All applications should be made online and must follow the stipulated entry format and there is no financial cost to participating in the competition while full control and ownership of the intellectual property of the developed solutions remain with the Commission.

The entries must be made by a Tech Hub/Innovation-Driven Enterprise that must show evidence of the relationship with the Start-up/solution being entered, a 4-page Executive summary of the project concept, a 3-5 minute video of the pilot project, names, age, contact details, passport photos and profile of all team members and the website (if available) as well as an E-mail address of the applicant.

All interested and qualified enterprises should submit requested documents in a zip folder to https://ncc.gov.ng/talenthuntresearchhackathon2023 with the subject of the mail titled “Submission from ” and the zipped file named after the business.

The Commission therefore, wishes to notify members of the public that the deadline for sublimation has now been extended to September 30, 2023, when the application and enjoin the startup ecosystem to note their participation.