" ITREALMS: GITEX 2018: 407 startups jostle for NITDA sponsorship - ITREALMS

Tuesday, September 18, 2018

GITEX 2018: 407 startups jostle for NITDA sponsorship - ITREALMS

Estimated 407 sponsorships applications for GITEX 2018 were received by the Office for ICT Innovation & Entrepreneurship (OIIE), an arm of the National Information Technology Development Agency (NITDA) as the portal closed last week for startups vying to be sponsored to the GITEX Future Superstars (GFS), reports ITREALMS.

The GFS, ITREALMS gathered is holding as part of the headlined events for GITEX 2018 from October 14-18, 2019.

Confirming this to ITREALMS, Head, Corporate Affairs at NITDA, Hadiza Umar, quoted OIIE as saying, NITDA plans to promote 10 startups to join their over 600 peers from over 45 countries at the Global Startups Movement in GITEX. This year, the themes focus on startups creating solutions addressing any of these problems: Smart Cities, Energy, Smart Construction, Healthcare, Education, Retail, Transport and Logistics.

The country’s tech-ambassadors are being carefully selected by a team that include officials of OIIE, innovation hubs and angel investors among others as part of the pre-selection processes and planning for Nigeria’s overall participation in GITEX 2018.

Startups are a major feature of Nigeria’s participation to underscore NITDA’s agenda to expose the country’s budding tech startups ecosystem to global investors, mentors and venture capitalists.

The GITEX Technology Week is a five day event showcasing the latest technology trends. The event draws participation from over 140 countries every year and attracts more than 90 countries Pavilions and trade visitors in excess of 150, 000.

“We remain firm and committed to promoting technology deployment and building our local IT industry to world standard through participation in global events that further exposes the players to trends in the industry,” said Director-General/CEO, NITDA, Dr Isa Ali Ibrahim Pantami while recently inaugurating the GITEX LOC as well as the LOC for eNigeria.

Nigeria plans to promote three thematic activities this year on IT investment and exposure of indigenous tech companies. The activities are the Nigerian Pavilion, the Startups Innovation Hub, and the Africa Investment Forum (AIF) being put together jointly by the Nigerian government through the NITDA and the UAE government through the DWTC, organisers of GITEX.

The AIF is designed to attract to investment into Nigeria as a gateway to exploring business opportunities in Africa, particularly the ICT sector. The AIF will be drawing participation from the technology business communities in Asia, Europe, the Americas and the rest of Africa.

NITDA’s Director General, Dr Pantami said, “NITDA’s remains committed to its mandate to build a technology ecosystem that thrives on indigenous manpower connected to the global IT community.” Adding that young people are a critical focus of NITDA’s agenda to develop the IT sector.

Some of Nigerian startups are expected to compete in the GITEX Future Stars (GFS) competition which further exposes the winners to a large pool of global venture capitalists, mentors and angel investors.

Chuks Egbune/GEE
ITREALMS ... everything news digitally!

No comments:

Featured post @ITREALMS

Reprieve for UNILAG student, Aminat, who lives in swampy, flooded apartment+video - ITREALMS

ITREALMS ... making leadership SENSE with digital news! Reprieve is on the way for the 300-level University of Lagos (UNILAG) undergraduate...