Institute, LCCI to launch tech start-ups

The Founder Institute, a start-up accelerator has partnered with the Lagos Chamber of Commerce and Industry (LCCI) on birthing new technology companies to solve some of the problems confronting Nigeria.

Founder Institute has supported the launch of over 4,300 companies in 75 countries, and since last year, has launched 40 new tech companies across two cohorts in Lagos.

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Based in Silicon Valley and with chapters across the world, the Institute’s mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.

The institute’s Lead Director in Lagos, Ayowande Adalemo, said, “LCCI supports tech enabled startups in Nigeria with events such as its annual Tech Expo, ICTEL. I am convinced that this partnership will be the beginning of an era where innovation and the startup mindset becomes the norm.”

Adalemo also noted that Founder Institute Lagos commences it’s third cohort, virtually, on August 19, 2020, disclosing that about 40 founders are already enrolled to begin the journey of launching their start-ups.

Founder and Regional Director for Africa, Chukwuemeka Fred Agbata Jnr. Also commented, saying, the partnership will go a long way to help support the growth of startups in Africa.

President of LCCI, Mrs. Toki Mabogunje, said leveraging on technology would make a whole lot of difference at both micro and macro levels in the nation’s economy; noting that, LCCI is a critical stakeholder in the post-pandemic economic plans and activities designed to reposition the private sector.

“The blend of legacy and tech businesses makes the LCCI-FI collaboration unique, as it opens up opportunities for tech startups in Lagos to add immense value to the real economy through solutions to deep-rooted challenges in sectors like Agriculture, Health, Transportation, Finance, Media, Manufacturing and so forth.”