FG Announces the Launch of Startup Portal for Entrepreneurs

The Federal Government on Tuesday launched the Startup portal and Engagement Portal, which is a key requirement for the implementation of the Nigeria Startup Act.

The launch was announced by the Minister of Communications Innovation and Digital Economy, Bosun Tijani, on his X account.

He tweeted, “We are pleased to announce the launch of the Startup Support and Engagement Portal, https://startup.gov.ng/, a key requirement for the implementation of the Nigeria Startup Act. The startup portal will drive the identification and aggregation of Nigerian startups, venture capital companies, hubs, and innovation centres to facilitate engagement and support for ecosystem players.”

He highlighted that the launch of the portal will allow the government to initiate the process of setting up startup consultative forums to select representatives to the National Council for Digital Innovation and Entrepreneurship, to facilitate discourse and consensus among ecosystem players.

Tijani added, “We invite all Nigerian startup venture capital companies, hubs, and innovation centres to register at the portal https://startup.gov.ng/ and look forward to working with all industry stakeholders to ensure that we fully implement the Startup Act for the benefit of our innovation ecosystem. Cc: NITDA Nigeria.”

This development is coming a year after the Startup Act was signed into law by the former President, Muhammadu Buhari.

About the Nigeria Startup Portal

The Startup Support and Engagement Portal was set up as part of efforts to collate and classify startups in Nigeria to benefit from the opportunities provided in the Nigerian Startup Act 2022. Specifically, the portal will facilitate the labelling of Nigerian startups, venture capital companies, hubs and innovation centres in Nigeria. This is pursuant to the requirements of Section 10 of the Nigerian Startup Act, 2022.

The portal will facilitate the labelling of Nigerian Startups and the registration of Venture Capitalists, Angel Investors, Accelerators, Incubators & Innovation Hubs (A.I.I.), and Civil Society Organisations involved in advancement of Technology and Innovation.

The Startup portal and Engagement Portal is a one-stop portal that provides startups with easy access to registrations, access to information, resources, incentives, collaboration and linkages.

Aim of the Portal

The Aim of the Startup Portal is Fueling Innovation & Empowering Entrepreneurs, the Nigerian Start-Up Act is your ticket to a world of advantages and opportunities. We’re here to guide you through this exciting journey of entrepreneurship, innovation, and growth.

This development is coming a year after the Startup Act was signed into law by the former President, Muhammadu Buhari.

Tweeting in support, the former Senior Special Assistant to President Buhari (Digital Transformation) and lead, Nigeria Start Up Bill, Oswald Osaretin Guobadia, said, “The work is ahead. This announcement by the government is an indication that collaboration is key to sustainable policy development. Beneficiaries must remain engaged.”

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