In anticipation of the launch of the google commissioned research paper focused on Nigeria`s tech entrepreneurship ecosystem that will be holding on the 24th of April, Ventures Platform Foundation on the 13th of April held the second of three tweet chats discussing Nigeria`s tech entrepreneurship ecosystem.
The tweetchat was a discussion on the opportunities and issues for investor stakeholders in Nigeria`s tech ecosystem and featured notable investors such as Kola Aina (Ventures Platform) and Alexandra Novitske (Singularity Investments).
During the discussion, investors, startup founders and others brought up issues and asked questions that need to be considered in the investor space of the tech ecosystem. See below highlights of the conversation:
Kola Aina @kola_aina
Entrepreneurs, besides capital, advice and introductions – what else do you expect from investors? #Techpolicyng
Lexi Novitske @anovitske
If we’re talking about policy I believe the govt could provide tax incentives or first loss protection (a cap for qualifying startups). Unfortunately given how the tax code is followed I’m not sure tax incentives would help much #TechPolicyNg
Kola Aina @kola_aina
Like in every market investors are keen to identify and support high quality founders that can create value that would ensure a good return on investment. This is the starting point. #TechPolicyNg
Emma Mimshach Obioha @Mimshachking:
#TechPolicyNg I think local investors are better placed to further drive growth in my business because they understand local context and have influence in this local market.
All in all, It was an engaging and enlightening discussion
Join the next and final tweet chat in the #techpolicyng tweet chat series. This tweet chat will hold today, the 17th of April from 3:00PM and the conversation will engage government representatives from the Office of the Vice President as well as the Lagos State Employment Trust Fund (LSETF) in a discussion on the issues and opportunities in Nigeria`s tech ecosystem with the aim of generating policy recommendations.
Be a part of the conversation by following @thevpfoundation and following the hashtag; #TechPolicyNg
Nigerian startups raised a total funding of $9.2 million in Q1 2018. Download our report to find out more.
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