STARTUP ABUJA CONFERENCE THRIVES AT MERIT HOUSE, MAITAMA

Introduction:

Startup Abuja, a leading organization promoting new enterprises and the tech ecosystem in Nigeria, has called for sustained policy to create an enabling environment for small businesses to thrive. The conference, themed “Learn. Build. Collaborate: The Influence of Startups and Digital Skills on Nigeria’s Economy,” highlighted the importance of innovation and digital skills in driving Nigeria’s economic growth.

Call for Sustained Policy:

Mr. Chigozie Ezugwu, the Convener of Startup Abuja Conference, emphasized the need for policies that support small businesses. He stated, “There is a need for sustained policy that will create the enabling environment for small businesses to thrive.”

Conference Objectives:

The conference aimed to champion innovation and digital skills, explore catalysts for accelerating startup growth, and examine the transformative influence of startups on Nigeria’s economy. It brought together influential startups, non-profit leaders, investors, entrepreneurs, and stakeholders from the Federal Capital Territory and neighboring states to facilitate multi-stakeholder dialogue on emerging issues, challenges, and strategies for nurturing successful startups nationwide.

Government Initiatives:

Ezugwu highlighted federal government efforts in creating an enabling environment through initiatives such as the Young Initiative Builders, Agri-Tech Initiatives, and the 3 Million Technical Talent Program (3MTT). He noted that Nigeria’s digital economy is projected to reach $300 billion by 2025, with startup capitalization valued at nearly $1.3 billion as of 2023.

Conference Highlights:

The event featured prominent speakers and engaging sessions:

1. Erin Nardo (Google USA) – Delivered a virtual session on “Beyond National Borders: The Challenges and Triumphs of Taking Your Product Globally,” discussing the complexities of scaling products internationally.
2. Peter Jigba (The Alternative Bank) – Spoke on “Financing the Future: How Startups Can Build Effective Relationships with Banks,” emphasizing research, preparation, transparency, and communication.
3. Charles Usie (Plan International Nigeria) – Addressed “Social Enterprise: Building for Impact and Not for Profit Alone,” sharing principles for a successful venture.
4. Dr. Samuel Maduka Onyishi (Peace Mass Transit and Maduka University) – Delivered a session on “Cultivating an Entrepreneurial Mindset,” emphasizing the importance of integrity and focus.
5. Arc. Dr. Barka Umaru Mshelia (Mshel Homes) – Explored the “Multiplier Effect: How Startups Can Catalyze Investment and Unleash Nigeria’s Economic Potential,” highlighting customer feedback and strategic foresight.
6. Temi Badru (Voices and Faces Communications) – Discussed “Unleashing the Potential of Startups: How Social Media Empowers Startups to Forge Global Influence and Drive Growth.”
7. Ms. Chinwe Okoli (Anambra State Government) – Talked about “Digital Skills/Innovation Hub Development,” emphasizing government policies and initiatives for startups.
8. Bosah Chukwuogo (Hosab Integrated Services Limited) – Tackled “Product Market Fit: Challenges and Opportunities in Building Tech Companies in Nigeria.”
9. Prof. Mohammed Aliyu Paiko (Abdulkadir Kure University) – Shared insights on the “Green Revolution: How Abdulkadir Kure University is Modeling the Future of Startups.”

Panel Discussion:

A high-level panel discussion, moderated by Mr. Femi D. Amele (Dataphyte), featured Miss Lillian Okonkwo (Raadaa Partners International), Kelechi Azunna-Benny (Tribesquare), Ola Stephen Onuh (Server Zero Technologies), and Wisdom John (Lawgic Africa). The panel explored challenges and strategies for running successful startups in Nigeria.

Closing Remarks:

Mr. Vincent Monu, Program Manager of Startup Abuja, emphasized the conference’s alignment with government efforts to create an enabling environment for small businesses. He underscored Startup Abuja’s vision of promoting and nurturing the startup ecosystem and tech community in Nigeria. The convener, Mr. Chigozie Ezugwu, reiterated his commitment to positioning Startup Abuja as a premier platform dedicated to fostering innovation and entrepreneurship.

Conclusion:

Startup Abuja continues to play a pivotal role in propelling Nigeria’s economic development by unlocking the potential of startups and harnessing the transformative power of digital skills and emerging technologies. The conference served as a hub for networking, knowledge sharing, and growth opportunities for startups, entrepreneurs, investors, and industry stakeholders.