Team FUTA made up of Ige Shalom Oluwaseun , Otobo Nemi
Richard , Abisuwa Oluwadunsin Timothy, Agunbiade Temitope Comfort , and Jumbo
Tamarapreye Toluwanimi all Year Four students studying Industrial and Production
Engineering and Mechanical Engineering respectively fended off challenges from
Teams from University of Ilorin and the University of Lagos to emerge the
overall best and winner of the Grand Prize.
The 2022 edition, the third in the series, was dedicated to
start-up businesses which are being run by students.
The Bank selected 3 institutions with a budding community of
Tech Talents which include Babcock University, the University of Lagos, and the
Federal University of Technology, Akure for the Preliminaries. Over 770 entries
were received nationwide for the competition . These were pruned and teams for
the Preliminaries were selected.
The pitch preliminaries were held in FUTA on February
15&16, 2022, with over 200+ entries with three teams qualifying for the
grand finale in Lagos from the Centre.
The three teams, ROOMME, XPRESS, and TRADDEX presented
brilliant ideas and superb business models and were picked as Representatives
of FUTA Centre
The grand finale was held on May 2, 2022, at the Wema Bank
Training School, Ilupeju Lagos, where the best nine teams from the three
locations – Babcock, University of Lagos and FUTA- pitched their business
ideas.
The ideas were judged by Ibifuro Apiafi, Chuba Ezekwesili,
Joel Ogunsola, and Olamide Oladele, investors and the general populace who were
available at the scene.
Team ROOMME from FUTA was adjudged as the Team with the best
idea and declared as winner of the first position with a grant of 2.5 million
Naira. Team Kodar Tech from the University of Ilorin emerged the second
position with the sum of 1.5 million Naira, and team Ajovest from the
University of Lagos emerged the third position winning the sum of 1 million
Naira.
Team Roomme’s business aims to solve the housing problems of
the society.
ROOMME is an online platform that matches individuals with
apartments and potential roommates BASED ON UNIQUE PREFERENCES determined via
digital configurations .
The Vice Chancellor, Professor Joseph Fuwape has
congratulated members of the team describing them as Worth ambassadors of FUTA.
” I am elated that students of FUTA have continued on the path of Excellence
and Contributing to proffering solutions to real societal problems . Members of
Team Roomme have done our University proud and their names will be recorded in
our Hall of Fame,” Professor Fuwape said.
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