Jaiz Bank Covid-19 Challenge, Win millions of cash

Do you have innovative ideas that can aid in combating the spread of the COVID-19 pandemic? 

Don't just keep it to yourself, participate in the #JaizFightBackCOVID -19 Challenge and share it to the world.

This is an opportunity for developers, inventors and social entrepreneurs to ideate, experiment and build products/solutions to help address the COVID-19 crisis in the country.

Visit #JaizCares ( https://bit.ly/JaizFightCovidCh

allenge ) to register for the challenge and submit your projects.

Submission of entries closes on the 13th of May, 2020.

Let's take a stand to curb the spread of COVID-19.

Remember to Stay Home and Stay Safe

Application Form

Submit your project through the #Jaizcares online form before the deadline and be sure to answer all of the questions on the submission form. This and other information related to your submission will be treated consistent with extant national data privacy policy.

Each application can accommodate up to two projects/products and contestants are encouraged to make submission under the two categories (“Fight against Covid-19” and “Post-pandemic rapid economic sustainability”) wherever possible. While submitting a bundle of two projects/products is not compulsory, but the chances of success will be remarkably enhanced with solutions on both sides (“Fight against COVID-19” and “Post- pandemic economic sustainability”).

A pitch deck of not more than 25 slides  

 Guidance Note

Only short-listed entries will be contacted and notified about the next step in the selection process by our panel of Judges. If you did not hear from us by 17th of May 2020, it means your application has not made to the top ten.

Note: Only short-listed entries will be contacted and notified about the next steps in the selection process by our panel of Judges.

Video(Optional)

A link of uploaded video of a walk-through of your solution via YouTube or Vimeo. By submitting a video, you are acknowledging that your entry may be used to promote the #FIGHT BACK COVID-19 Challenge, without extra obligation to you. Videos should be a maximum of 3 minutes long. For any submission longer than 3 minutes, only the first three minutes of the video will be evaluated.

Duration

The challenge shall run for three weeks and the top ten entries submitted by the deadline shall be shortlisted into the first qualifying round (Quarter-Finals). The ten teams shall virtually pitch to a panel of judges to compete for eight slots in the Semi-Finals. Six best teams that emerge from the Semi-Finals shall proceed to the final round. The Finals’ pitch shall produce the winning project and three runner-ups.

Are there conditions attached to receiving the winning prize?
Details of the funding agreement will be shared with the shortlisted applicants. 

Q5. Are there consolation prizes for other finalists?
Yes. Apart from the 1st prize of N50million, there are also other prizes: 2nd Position (N40million); 3rd Position (N20million) and 4th Position (N15million).

 Q6. Must I have a company before applying for the Challenge?
No, but you need to register a company with the Corporate Affairs Commission of Nigeria.

Q7. Do I have to be resident in Nigeria to apply?
No, but you have to implement your solution in Nigeria. The prize shall only be paid through a company that is registered in Nigeria.

Q8. Is the pitching session going to be physical, where is the venue?
The pitch is going to hold virtually. Date and details will be communicated to successful applicants.

Q9. When is the deadline for application?
Submission of application closes on 13th of May 2020 at 11:59PM.

Q10. How much time is allotted for the pitching session?
Pitching guidelines will be shared with shortlisted applicants. However, you will find it useful to start practicing to pitch within 5 minutes.