iNOVO

iNOVO is a pre-accelerator program specifically designed to bolster early-stage startups within Nigeria's burgeoning technology ecosystem. Launched as a collaborative effort, it brings together the expertise of the UK-Nigeria Tech Hub, Ventures Platform, a prominent African venture capital firm, and Startupbootcamp AfriTech, a renowned accelerator. The program's primary objective is to identify and nurture promising Nigerian tech ventures, providing them with the foundational support necessary for growth and scalability. It represents a strategic initiative aimed at fostering innovation and economic development in the region.

The iNOVO program offers a structured, intensive three-month curriculum tailored to address the unique challenges faced by nascent startups. Each cohort typically comprises 10 selected startups, ensuring focused attention and tailored support. A core component of its support is a non-equity grant, with each selected startup receiving £10,000, which translates to approximately $12,500 USD, to help cover initial operational costs and accelerate development. Beyond financial assistance, participants gain invaluable access to a robust network of mentors, industry experts, and potential investors. The program is designed to equip founders with critical business skills, refine their product-market fit, and prepare them for subsequent funding rounds.

By leveraging the collective strengths of its partners, iNOVO plays a crucial role in bridging the gap between innovative ideas and market-ready solutions. The UK-Nigeria Tech Hub provides strategic oversight and connects the program to broader international initiatives, while Ventures Platform contributes its deep local market insights and investment acumen. Startupbootcamp AfriTech, with its proven track record in accelerating startups across Africa, brings a wealth of operational expertise and a global network. This synergistic approach ensures that iNOVO not only provides capital but also comprehensive guidance, aiming to cultivate a new generation of successful Nigerian tech companies.