Founder Institute Lagos has been announced winner of the Incubator/Accelerator Program of the Year 2023 award, presented by the Lagos State Government through the renowned Art of Technology Lagos 5.0 conference.
The highly anticipated event, currently in its fifth edition was held over a two-day period at Landmark Hotel, Victoria Island and focused on two pivotal pillars shaping the future landscape of Lagos State: The Creative Economy and A Digital Lagos.
It featured keynote speakers from the film and digital industry, who in various panels and breakout sessions engaged in insightful discussions on collaborations, technology and exporting youth creativity in Nigeria.
This event was organized by Victor ‘Gbenga Afolabi, the Co-curator of AOT 5.0 and Founder, Eko Innovation Center, and brings together government officials, industry leaders, academics, and civil society to discuss the impact of technology on the city’s development.
The award was presented to the team by the Commissioner of the Ministry of Innovation, Science, and Technology, Olatubosun Alake.
Speaking on the Award, Mr Ifedy Eze, managing director of Founder Institute Lagos, said, ” We are grateful to the Lagos State Government, the Curator and organizers of the Art of Technology Lagos 5.0 for recognizing our efforts.
This award underscores the impactful contribution of every member of our ecosystem over the last five years, particularly our mentors, partners, founders and the Founder Institute Lagos team.
“The timing of the award, coinciding with our 5th year anniversary in Nigeria, adds more significance. This award will undoubtedly fuel our commitment to helping entrepreneurs across the nation build impactful and enduring businesses.”
He also extended his heartfelt gratitude to the Lagos State government for its demonstrated commitment to the growth and development of entrepreneurship in the digital economy and creating a conducive environment for the ecosystem to thrive.
Founder Institute is the world’s most proven network to turn ideas into fundable startups, and startups into global businesses.
Since 2009, its structured accelerator programs have helped over 6,800 entrepreneurs raise over $1.75 billion in funding.
Based in Silicon Valley and with chapters across 100+ countries, the accelerator’s mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.
Founder Institute has operated in Lagos for five years and its 120+ portfolio companies in Lagos have gone on to build highly scalable startups that have created value for over 200,000 users with transactions worth over NGN3 billion and 500+ jobs created.
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