ALAT By Wema Teases Five Million Naira Prize For Most Innovative Ideas At Hackaholics 3.0…

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This ALAT by Wema was announced as the 2022 edition of its Hackathon, #Hackaholics 3.0  inorder to help in Building The Future. The competition is aimed at helping startups scale to gain entrance into the market.

 

Howrvet, ALAT by Wema, Nigeria’s first digital bank in its announcement of this 2022 edition of its Hackathon, #Hackaholics 3.0 specified that, this innovation was meant for all Tech Bros, Tech Sis.

 

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And the acceleration, which is aimed at helping startups scale and gain entrance into the market, is targeted at university students and youths within the community, who will put their coding and pitching skills to work by solving interesting problems.

 

Wema bank also went ahead to express that, this year’s edition will focus on exploring the limitless power of the future of technology, like NFTs, Metaverse, Blockchain, AR, VR, AI, IoT and most importantly how young Nigerians can apply these to solving societal issues across Finance, Health, Entertainment, mSME, lending, even as they stand the chance to win a total prize of five million naira.

 

According to ALAT, the aim of the programme is to discover and nurture at least 50 tech-hirable talents across Solutions Engineering, Data Science, Product Management, Product Designers across identified University communities.

 

Speaking on the initiative, Olusegun Adeniyi, the Chief Digital Officer, Wema Bank, said, “The tech space is filled with emerging technological advances that hold so many possibilities and we want to key into that by raising the next generation of tech giants who will use their creativity and talent to change the course of society. We will also be assisting them in thriving as key drivers in economic expansion and catalysts for radical innovations”.

 

The registration process for Hackathon 3.0 began on February 5, 2022 and will run until February 14, 2022. Successful applications will proceed to a 3-day bootcamp where they will have the opportunity to learn the steps needed to launch the next unicorn while also pitching their ideas to selected judges at 3 hubs across the country, FUTA, UNIBEN and UNILAG to determine if their idea is viable and scalable for launch into the market.

 

Hackaholics 3.0 promises to be an interactive event where innovators, creative thinkers, developers and coding experts connect and show off their skills, while opening themselves up to a world of greater possibilities. 1st, 2nd and 3rd place winners at this 3rd edition will walk home with two million Naira, 1.5 million Naira, and one million Naira, respectively.

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