GTBank backed Team Neon wins at the Conrad finals

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Guarantee Trust Bank’s backed Team Neon, which includes Afolabi Williams, team leader, Olubusiyi Famobiwo, Menashi Mordi and Osagumwenro Naaman Ugbo from Whitesands School, Lagos, have emerged as the 2018 Power Pitch Winner of the Smoke-Free World category of the Conrad Foundation Spirit of Innovation challenge summit held at the Kennedy Space Centre, Visitor Complex, Florida, USA.

The four junior school students made it to the fourth round and final stage of the competition, the only representatives from Nigeria and Africa that participated in the finals. They pitched their idea on a Virtual Farm project, which falls under the category for Smoke-Free World.

The Conrad Challenge is an international and multi-phase innovation competition focusing on five areas: Aerospace Aviation, Cyber Technology and Security, Energy and Environment, Health and Nutrition, and recently, Smoke-Free World.

The Conrad Foundation’s Spirit of Innovation Challenge (SOIC) presents high school students with a very broad challenge: create an innovative product that provides solution to a real-world problem such that someone can pay for it, by applying principles in science, technology, engineering and mathematics (STEM).

Students were not just asked to complete a science project: they were required to conduct a research to determine their creation’s potential market impact and develop a full business plan.

This annual competition challenges teams to use science, technology, engineering and math innovation, as well as entrepreneurship, to create a more sustainable world for today and the future generations.

The global decline of smoking have many positive health impacts, but also brought negative economic consequences to tobacco farmers, many of whom are in developing nations. Students were invited to design 21st Century solutions to farmland that is currently used for tobacco production, especially in African countries.

Established in 2008, the Conrad Foundation honours the legacy of Apollo 12 astronaut, Charles “Pete” Conrad, and his four decade passion for innovation and entrepreneurship.

The students received the Good Citizen Award in the same summit and were accompanied to the summit by their coach, Matthew Omotoso, the junior school ICT teacher at Whitesands.

Inspired by the team’s outstanding young talents and driven by its passion for innovation, leading African bank, Guaranty Trust Bank plc, sponsored the young innovators to the finale of the Conrad Challenge. The Bank’s sponsorship included, among other benefits, the total coverage of the team’s travel and stay in America.

Guaranty Trust Bank plc has consistently played a leading role in Africa’s banking industry and is regarded by industry watchers as one of Africa’s most innovative financial institutions. The Bank also maintains an active and clearly defined Corporate Social Responsibility policy, which is focused on promoting education for all, fostering community development, promoting arts and protecting the environment

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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