ICAN-BOI iHack4SDG Challenge for Innovators Worldwide (N3.5 million in cash prizes) 2023

ICAN-BOI, in collaboration with the Institute of Chartered Accountants of Nigeria and the Bank of Industry, will gather a new generation of innovative thinkers from across the tech industry to tackle some of the most pressing Sustainable Development Goals (SDGs), tagged iHack4SDG Challenge 2023.

ICANBOI, an innovation hub, opens applications for the iHack4SDG Challenge, which will take place from May 17 to May 24, 2023, to be held physically at the ICAN-BOI Innovation Hub. Ten (10) ideas will be selected to participate in the challenge, from which three teams will emerge winners.

The challenge provides an opportunity for participants to collaborate and develop innovative solutions based on 10 out of the 17 SDGs. These winners will be given resources and support to improve, test, and scale their ideas, which will ultimately become real businesses. They will also have a chance to demo their solutions and have the opportunity to move into the ICAN-BOI incubation program.

• Table of Content
• About Bank of Industry
• ICAN-BOI iHack4SDG Challenge
• Aim and Benefits of ICAN-BOI iHack4SDG Challenge
• Requirements for ICAN-BOI iHack4SDG Challenge Qualification
• Application Deadline
• How to Apply

About Bank of Industry

The Bank of Industry Limited (BOI) is Nigeria’s oldest, largest and most successful development financing institution. It was reconstructed in 2001 out of the Nigerian Industrial Development Bank (NIDB) Limited, which was incorporated in 1964. The bank took off in 1964 with an authorized share capital of 2 million (GBP). The International Finance Corporation which produced its pioneer Chief Executive held 75% of its equity along with a number of domestic and foreign private investors. Although the bank’s authorized share capital was initially set at N50 billion in the wake of NI...... continue reading

ICAN-BOI iHack4SDG Challenge

Aim and Benefits of ICAN-BOI iHack4SDG Challenge

The winners will receive up to 3.5 million Naira in cash prizes amongst other benefits and will eventually move into ICANBOI’s incubation support program as well as access to the workspace.

• 1st Prize – N1,500,000
• 2nd Prize – N1,000,000
• 3rd Prize –  N750,000

Other benefits include:

• Access to a dynamic network and platform – Tap into ICAN and Bank of Industry networks.   
• Access to a dynamic platform of innovators – Tap into a conducive space to converge around practical SDG solutions.
• Immense networking potential – Build connections and be part of a community of practice around eco-systemic, collaborative solutions.
• A space to exercise your global citizenship muscle – Sharpen and hone your skills in leadership, innovative thinking, analytic thinking, interpersonal communication, intercultural collaboration, and allied areas.

Requirements for ICAN-BOI iHack4SDG Challenge Qualification

• Open to all innovators and participants from all backgrounds;
• No prior hacking experience is necessary. Since we’re not looking for technical submissions only — anyone can play a part in solving these problems. As long as you’re a team player who thinks the world could be a better place, you’re more than welcome to join!

Application Deadline

How to Apply

They are not looking for technical submissions only and your solution could be for example a concept, app idea, product or platform – basically anything as long as it contributes to the chosen challenge and the matching SDG!

For more details,visit ICAN-BOI website