The Federal Government on Tuesday 22 November 2023 launched the Startup Support 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 wrote, “The startup portal will drive the identification
and aggregation of Nigerian startups, venture capital companies, hubs and
innovation centres in order to facilitate engagement and support for ecosystem players.”
“The launch of the portal will allow us initiate the process
of setting up the startup consultative forums to select representatives to the
National Council for Digital Innovation and Entrepreneurship, in order to facilitate
discourse and consensus among Nigerian ecosystem players.”
He, however, invited all Nigerian startups, venture capital
companies, hubs and innovation centres to register.
The National Information Technology Development Agency also
urged all Nigerian startups, VCs, angels, hubs, and innovation centres to visit
the portal, register, and explore the resources available to them.
Below is the
registration process for startups:
1. Visit http://startup.gov.ng
2. Scroll down the page to reveal the options for Startups,
Angel Investors, Venture Capitalists or Accelerators, Innovation Hubs &
Incubators.
3. Select Startups
Criteria to enroll:
·
Be
a limited liability company registered under the Companies and Allied Matters
Act (CAMA).
·
Be
a company existing for less than 10 years from the date of incorporation.
·
Have
objects that are focused on innovation, development, production, improvement,
and commercialization of a digital technology innovative product or process.
·
Be
a holder or repository of a product or process of digital technology or the
owner or author of a registered software.
·
Have
at least one-third of local shareholding held by one or more Nigerians as
founder or co-founder of the startup.
·
Satisfy
the conditions set out in the Act, in the case of a sole proprietorship or
partnership.
·
Be
a tech-enabled business that uses existing tools, platforms, libraries, and
frameworks to make a company or a solution more efficient or effective.
4. Enter the following details:
·
RC
Number (Unique CAC identification number)
·
Company
Name
·
Year
of Incorporation
·
Industry
(type)
·
Media
·
Start
Up description
·
Company
Email
·
Company
Address
·
Company
website
·
Founder’s
Full Name
·
First
Name + Last Name
·
Founder’s
Email Address
·
Founder’s
Phone Number
·
Founder’s
means of Identification (BVN or NIN)
5. Then Submit
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