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Nigeria launches portal for registration of startups, accelerators, and investors

The portal is a provision of the Nigeria Startup Act that aims to aggregate startups, investors, and support organisations like accelerators, incubators, and innovation hubs

Promise Eze by Promise Eze
November 23, 2023
in National
Reading Time: 1 min read
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  • In 2021, members of Nigeria’s startup ecosystem began working on the Nigeria Startup Act, a piece of legislation intended to streamline cooperation between the government and startups

Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani has announced the launch of the Startup Support and Engagement Portal.

The portal is a provision of the Nigeria Startup Act that aims to aggregate startups, investors, and support organisations like accelerators, incubators, and innovation hubs.

“The launch of the 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, in order to facilitate discourse and consensus among Nigerian ecosystem players,” the Minister revealed in a post on X on Tuesday night.

In 2021, members of Nigeria’s startup ecosystem began working on the Nigeria Startup Act, a piece of legislation intended to streamline cooperation between the government and startups.

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Reeling from the devastating effects of policies like a motorcycle ban in Lagos State, these stakeholders posited that active engagement with the government would forestall similar occurrences in the future, provide more capital, and generally drive innovation in the country.

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