News

July 11, 2024

Stakeholders make case for supportive environment for innovation devt

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Innovate UK Global Alliance Africa, in partnership with the Ministry of Innovation, Science and Digital Economy, MISDE, in Ekiti State, has pledged commitment to creating a supportive environment for innovation development.

While launching the second edition of the Young Innovators Programme, they said it would focus on sustainable innovation and practical solutions to local challenges.

According to MISDE it would drive economic development and technological advancement in Ekiti State.

Innovate UK Country Lead, Joshua Adedeji, said: “We are thrilled to announce the return of the Young Innovators Programme which builds on the success of last year’s edition. We are looking forward to an even better programme this year. Our commitment remains resolute: to empower young innovators in Ekiti State by providing them with the essential resources and support needed to turn their groundbreaking ideas into reality. This collaborative effort demonstrates the commitment on both sides to nurture a culture of innovation that not only transcends competition but inspires continuous growth and development in our local communities.”

Also speaking, Commissioner for Innovation, Science and Digital Economy, Seun Fakuade, said: “The first edition of the Young Innovators Programme was a tremendous success, with 10 innovators in the cohort. The top three innovators Odunola Olabintan of Health City, Yomi Adetunji of RISE (Rice Inventory Storage Exchange), and Mayowa Olajide of Motivar took home a total of £5,000 in prizes. This year, we are raising the stakes with a £7,000 prize to further encourage and reward the innovative spirit among our youth.”

This year’s programme, designed to inspire and support the next generation of innovators, will also see the winner take home £7,000 to help provide access to innovation support including mentorship, training and startup capital.

The programme will be co-designed to ensure it meets the unique needs of young innovators in Ekiti State and will include key elements such as a comprehensive selection process, interactive workshops, and mentoring sessions.

By involving industry experts, educational institutions, and past participants, the programme aims to create a dynamic and supportive environment for innovation development.