Wema Financial institution has introduced the highest 10 groups continuing to the grand finale of Hackaholics 5.0, following a pre-pitch.
The High 10 finalists for Hackaholics 5.0 are College X, Empayment AI, BloomBeauty, Aceede, Fegor, Northino, Nimsy, MyTherapist, GbalePrime, and MyItura.
The pre-pitch ceremony is the precursor to the Hackaholics 5.0 Grand Finale, scheduled for Wednesday, November 27, 2024, with the theme “Meta Thought: Catalyzing Africa’s Development By means of Innovation”.
Following their shortlisting to High 10, the finalists are set to show their mettle, battling for N75,000,000 value of prizes within the Hackaholics 5.0 Grand Finale.
Included on this ₦75,000,000 prize package deal is ₦30 million value of prizes for the grand prize winner, ₦20 million value of prizes for the primary runner-up, ₦15 million value of prizes for the second runner-up and ₦10 million value of prizes for the highest women-led workforce.
Past the prizes, winners will acquire mentorship, networking alternatives, and assets to scale their improvements globally, probably boosting Nigeria’s economic system and contributing to the development of the African continent on the worldwide scale.
Talking, Chief Transformation Officer of Wema Financial institution, Babatunde Mumuni, expressed anticipation for the grand finale occasion.
He mentioned: “Hackaholics embodies Wema Financial institution’s dedication to driving innovation and fostering youth empowerment. The passion demonstrated by the youth throughout the various establishments visited is proof of the creativity and willpower of younger Nigerians and tech fans, looking for a platform to hone their abilities and maximise their creativity. Because of this we birthed Hackaholics.
“Hackaholics not solely underscores the function of know-how and entrepreneurship in addressing Africa’s macroeconomic challenges and accelerating its socio-economic progress, but additionally takes the necessary step of offering a platform and enabling setting for this know-how and entrepreneurship to thrive.
“These prime 10 groups signify the following era of game-changers who will form Africa’s tech-driven future. We’re proud to offer a platform that nurtures their groundbreaking concepts whereas empowering them to catalyze Africa’s progress by means of innovation. We look ahead to seeing their ingenuity come to life on the grand finale”, Mumumi concluded.
Hackaholics is Wema Financial institution’s youth and startup centered hackathon. Dubbed Hackaholics 5.0, the fifth version of Hackaholics kicked off on April 18th, 2024, touring campuses throughout Nigeria and charging Nigerian youth to pitch tech-driven concepts throughout agriculture, finance, schooling, healthcare, sustainability, and synthetic intelligence. With over 3,500 purposes acquired, Hackaholics 5.0 has shortlisted the highest 10 innovators to contest within the Hackaholics 5.0 Grand Finale for a share of N75,000,000 value of prizes.