The National Information Technology Development Agency (NITDA) has successfully secured $12.1 million in funding from a Japanese agency to establish a startup hub in Nigeria. This initiative aims to foster innovation and support the growth of technology-driven businesses throughout the nation.
The planned startup hub will provide crucial resources, including mentorship, training, and funding access for entrepreneurs. NITDA envisions this hub as a key driver for creating a vibrant startup ecosystem that can stimulate economic growth and generate employment opportunities.
This partnership with the Japanese agency underscores a commitment to enhancing Nigeria’s technological landscape and promoting international collaboration. NITDA believes that the startup hub will empower local entrepreneurs and position Nigeria as a significant player in the global technology sector.
