Hackaholics: A Stepping Stone for that Big Idea you have 

by Atinuke Naomi
4 mins read

Do you have a big idea but have no means of execution? Or do you want to check out how well your idea sits with other intellectuals? This article explains everything you need to know about the solution to that problem you have – Hackaholics.

Who or what is Hackaholics?

Hackaholics is a tech event that brings together a diverse group of problem-solvers, developers, designers, and creative thinkers. The goal is to make a difference and serve as a laughing pad for solution-oriented ideas. An event proudly sponsored by WEMA bank.

Why Hackaholics?

Hackaholics is a great avenue for participants to learn and experiment with other intellectuals. Not only will you meet other intelligent people, but they are also beneficial in the following ways:

Provision of Grants

Many sellable ideas have died inside of the thinker because they can’t seem to find a financial solution. This is where Hackaholics serves as a bridge. The Grants provided help to build / scale solutions.

Provision of Support

They provide support for product development and integration.

Visibility

The publicity Hackaholics offers also provides visibility for your team / the solution to the problem you are offering.

Access

You get access to a community of founders. The importance of this can not be underestimated as we all need a circle of like minds.

Coaching / Mentorship

Not only will you get access to the community of founders, but there is also coaching/mentorship for founders of start-ups. Guidance on how to build your product and brand. How to sell your problem. How to make your solution more user-oriented, and other problems you might encounter.

An avenue to learn

You also get to learn from renowned industry experts. This benefit tops it all. This can be equated to as some sort of launching pad. You get to learn from their experiences too. The mistake they made that you should avoid, etc.

Criteria for Eligibility

1. All young Nigerians building a solution to some specific problems across numerous sectors are qualified to participate. The solution should highlight the limitless possibilities in the future of technology, like NFTs, Web 3.0, Metaverse, Blockchain, AR, VR, AI, IoT, etc.

To qualify, registration is done here. Interested and registered candidates will then be invited to a pitch centre to share their ideas.

2. Programme structure: Registered participants are screened through a set of questions that assess the strength of their ideas. This is to make sure that they are not just bringing the ideas but that they understand the problem and can provide a feasible solution. From each of the pitching centres, three winning ideas are selected. These winners will then compete at a grand finale to be held at another pitching centre.

3. Cash prizes: The finalists will be held in grand style later in the year, and after x regional pitches, it will be worth the wait.

 

The first, second, and third-place winners are awarded cash prizes.

4. Mentorship and training: Winners will also be mentored by some of the best innovators in the Nigerian tech space.

To know more about the competition, the process, winners, and other details head to ALAT through Wema’s Twitter, Instagram, Facebook, and LinkedIn handles.

Application Process

Steps to follow:

1. Click “Register Now” on the Hackaholics’ Website

2. Input your details and information on the solution you are providing.

3. Input your team members’ details. You are only allowed a maximum of three people on your team.

4. Submit your application, and wait patiently for the email from Hackaholics directing you to the next step to take.

The Future of Hackaholics

The management of Hackaholics is looking to expand its scope by exploring more verticals. This is because they are mostly known for launching solutions in the core part of the future of tech.

In their words, they are looking to explore these verticals in the coming years

  • Education
  • Climate
  • CivicTech
  • Insurance
  • GovTech
  • Gender-Based Violence
  • Financial Inclusion
  • Entertainment
  • FinTech

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