Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, recently introduced the Startup Support and Engagement Portal, leveraging cutting-edge technology in line with the provisions outlined in the Nigeria Startup Act. The newly launched portal harnesses technology to centralize information for startups, investors, and support organizations such as accelerators, incubators, and innovation hubs.
In a post shared on Tuesday night via X, Minister Tijani highlighted the significance of the portal launch, stating, “The technology-driven portal will allow us to initiate the process of setting up the startup consultative forums to select representatives to the National Council for Digital Innovation and Entrepreneurship. This aims to facilitate discourse and consensus among Nigerian ecosystem players.”
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It is noteworthy that only startups with less than 10 years of operational history qualify for the startup designation, showcasing a forward-looking approach integrating technology into the startup ecosystem. This development, occurring over a year after the enactment of the Startup Act, represents a significant stride in its implementation. While there have been ongoing efforts to encourage state governments, progress in garnering support has been slow. Currently, only Kaduna State has adopted and implemented the Act, despite expressions of interest from states like Lagos, Kwara, Anambra, and Imo.