Grant: FG Opens Application for N10m Agric Project to Stimulate Fourth Industrial Revolution via Technology
LAGOS, NIGERIA – November 27, 2023 – The Nigerian government has opened applications for the Agriculture Demonstration Project, a groundbreaking initiative to foster the fourth industrial revolution (4IR) through technology. Spearheaded by the Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, the project offers a generous grant of N10 million to innovative contributors in the agricultural sector.
About the Project
The Agriculture Demonstration Project is designed to identify and integrate market-ready innovations that leverage 4IR technologies such as UAV, IoT, AI, and Blockchain. The goal is to revolutionize and optimize productivity and sustainability in Nigeria’s agricultural landscape.
“Our intent is to encourage and inspire the use of technology, especially 4IR technologies, to optimize different sectors of our economy,” stated Minister Bosun Tijani.
Eligibility Criteria
The Agriculture Demonstration Project welcomes applications from Nigerian tech enthusiasts, startups, and SMEs equipped with innovative ideas applicable to the agricultural sector.
Application Process
Interested applicants can submit their applications on the project’s official website (https://4irta.nitda.gov.ng). The application window is open now and will close on Thursday, December 7, 2023.
Selection Process
A panel of experts will meticulously review all applications, selecting the most promising projects for funding based on their potential to drive innovation in the agricultural sector.
Funding Details
Successful projects will be awarded a substantial grant of N10 million to develop and implement their innovations.
Project Timeline
The Agriculture Demonstration Project is slated for completion within 12 months from the commencement date.
Anticipated Impact
The initiative is expected to make a significant impact on Nigeria’s agricultural sector by enhancing productivity, sustainability, and profitability.
Frequently Asked Questions (FAQs)
1. What is the Agriculture Demonstration Project?
- The Agriculture Demonstration Project is a government-funded initiative that seeks to identify and integrate market-ready innovations using 4IR technologies to enhance productivity and sustainability in the agricultural sector.
2. Who is eligible to apply for the project?
- The Agriculture Demonstration Project is open to Nigerian tech enthusiasts, startups, and SMEs with innovative ideas applicable to the agricultural sector.
3. How can I apply for the project?
- Applications can be submitted online at https://4irta.nitda.gov.ng.
4. What is the deadline for applications?
- The deadline for applications is Thursday, December 7, 2023.
5. How will the projects be selected?
- A panel of experts will review all applications and select the most promising projects for funding.
6. What is the funding amount?
- Selected projects will receive a grant of N10 million.
7. When will the project be completed?
- The project is expected to be completed within 12 months.
8. What is the impact of the project?
- The Agriculture Demonstration Project is anticipated to significantly impact the Nigerian agricultural sector by increasing productivity, sustainability, and profitability.
