Equity and Microsoft Launch Hackathon for University Students

Equity Group, in partnership with Microsoft, has launched a virtual hackathon open to students from The University of Nairobi and Meru University of Science and Technology.

The Hackathon, which opened for registration on 4th February, saw 663 students from the two universities registered to be among the 100 shortlisted participants to take part as innovators.

The Hackathon is the first of its kind to be run by the Group. It seeks to drive innovation and crowdsource solutions to address business problems and social issues. Students from the two universities will have an opportunity to take part in a competitive event and collaborate to build proofs of concept and minimum viable products for a pre-defined problem.

Speaking during the launch, Equity Group Managing Director and CEO, Dr. James Mwangi said the Group seeks to explore the use of Hackathons as a tool to drive the discovery of new technologies and process improvement solutions for the Bank.

“We are indeed very happy to be launching our first-ever Equity Hackathon in partnership with Microsoft, The University of Nairobi, and Meru University of Science and Technology.

The Hackathon promises to be a truly transformational experience for both universities and our institution, as it will enable us to create products and offerings that are beneficial to our people across the markets we operate in, while at the same time offering the students an opportunity to learn and apply their skills to solve business challenges,” said Dr. Mwangi.

Microsoft Kenya Country Manager, Kendi Ntwiga noted that the country stands a chance to be a global player in innovations through a collaborative effort on the part of University and industry linkage.

“Uncertain times call for solutions that are sustainable; solutions that bridge the gaps and challenges that Africa faces. With an average age of 19.6 in Kenya, our youth have the opportunity to engage and be part of the solution,” she said.

The University of Nairobi Vice-Chancellor, Prof. Stephen Kiama, commented on the role of universities in preparing their students for the job market, saying, “The University of Nairobi and Meru University of Science and Technology endeavor to develop closer ties with industry, such as the banking and ICT industries, to support our students acquire practical skills, beyond what universities can offer from a learning environment.”

Further, Meru University of Science and Technology Vice-Chancellor, Prof. Romanus Odhiambo added, “Universities play a pivotal role in accelerating knowledge and driving research and innovation.

This collaboration is bringing together like-minded organizations to innovate and create lasting change through technology. We are very happy to collaborate with Equity, Microsoft, and The University of Nairobi.”

University students taking part in the Hackathon event will stand a chance to win exciting prizes. The grand prize winner or winning group will walk away with a cash prize of Kes. 600,000, 3 months mentorship opportunity from Microsoft, Technical Cloud certificates for all team members, and a gift hamper.

In addition, the 1st and 2nd Runners Up individual or group will take home a cash prize of Kes. 250,000 and Kes. 150,000 respectively, in addition to a 3 months mentorship opportunity from Microsoft and a gift hamper.