Category "Entrepreneurship"

Program Highlights

Vision Talks & Key Note Speeches

Day 1 kicked off in style with a welcome address from Tayo Bamiduro – Co-Founder Max. Ng and former MIT Alum. Alongside this, there were a series of standout sessions with the likes of Bilikiss Abiola (Wecyclers), Chinedu Azodoh (MAX Ng) and Bayo Adesanya (Head, E-Commerce & Digital Transformation AXA Mansard who gave the closing remark that left the audience pumped and ready to pursue their entrepreneurial journeys

Panels & Fireside Chats :
The panel and fireside sessions allowed us to focus more intently on some key areas such as ‘’How to scale a startup”. Panelist were selected from vast fields and included the likes of Akin Oyebode (Executive Secretary, Lagos State Employment Trust Fund), Folasade Ogunsola ( Deputy Vice-Chancellor, University of Lagos) , Victor Okigbo (Program Director, Africa Fintech Foundry), Mayowa Owolabi ( Mobile Monday), Obinna Ukwuani (Makers) and many other key ecosystem leaders.

Workshops :
There was a choice of two workshops led by the MIT Legatum team and alumni. These workshops offered attendees an opportunity to increase learnings on a range of subjects including ‘Entrepreneurship Communication’ and “Story Telling,” but the topic that really set the room alight and had audience members ring off more questions was ‘The Customer identification” session with Georgina Campbell and Tunde Alawode. Attendees of the workshops found them not only informative but felt they left with real, actionable takeaways to help improve their businesses moving forward.

Mentorship Sessions :
Open Mic Africa played host to a network of experienced advisors/entrepreneurs who offered their services as mentors at the event. Anyone who needed guidance on particular issues booked 10-minute slots with members of our mentoring network and left the event with a potential new advisor they could turn to periodically in the future.

Pitch Competition :
The Open Mic Africa Tour gave an opportunity for 27 speakers to actively promote their organization and demonstrate the work they are doing, pitch for investment and create an air of excitement around them and their product. Three winners were selected by judges and audience votes and won a total of $2,500 in cash awards. The pitch sessions left the audience excited and lead to various constructive /collaborative follow up conversations

Networking :
Our networking reception facilitated high-speed introductions, meaningful conversations and the beginning of potential business collaborations among participants, sponsors, and speakers. There were many facilitated networking opportunities throughout the event, all enhanced by the use of our speed networking games. Other show highlights included a thoroughly enjoyable cocktail party and industry celebration

Event Snapshots
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ax8w4705An MIT delegation comprising of the head of the MIT Legatum Center for Development and Entrepreneurship – Mrs Gerogina Campbell Flatter, the head of Global Programs – Mr Ali Daillo and Mr. Bolaji Finnih – CEO TechPreneur Africa in addition to high level staff members, alumni and mentors visited key Nigerian leaders during the week of July 24 to present the MIT Legatum Africa Strategy. The strategy was aimed at enabling a dialogue between local ecosystem leaders with the goal of building ties that will foster sustainable pathways between Nigerian and MIwecyclers max axaTtef unilag


Join the MIT Legatum team on July 26th and 27th in Lagos for a unique event bringing together local entrepreneurs, MIT alumni, African leaders and the local tech ecosystem stakeholders. 


MIT Legatum partners with Techpreneur Africa to host Open Mic Africa Tour Lagos Event.

Open Mic Africa is a Pan-African tour organized by the Legatum Center at MIT to find and showcase Africa’s top innovators while developing a dialogue among local entrepreneurs, investors, and MIT mentors.

Each city’s agenda  including Lagos includes:

  • inspirational talks from African entrepreneurs who have successfully taken their ventures to scale
  • Workshops on understanding customers and venture pitch training
  • Mentoring sessions; and an “open pitch” competition where participants could win up to US$2,500 in each city.africa11

Techpreneur Africa Signs Memorandum of Understanding with Abu Dhabi Global Market to Accelerate the Development Of The African Fintech Ecosystem

(Promoting Financial Inclusion through The Acceleration Of Fintech Across Africa)

Abu Dhabi/Lagos, Nigeria, June 19, 2017– Speaking from a joint press release, TechPreneur Africa, a social impact firm focused on harnessing innovation and entrepreneurship to achieve real economic impact across Africa announced it had signed a memorandum of understanding (MOU) with Abu Dhabi Global Market (ADGM), an international financial centre in Abu Dhabi, to foster and support the growth and activities of FinTech in the Middle East and African regions.

ADGM is the first in the MEA region […]

The Massachusetts Institute of Technology’s Regional Entrepreneurship Acceleration Program (MIT REAP) is a capstone global initiative at MIT designed to help regions accelerate economic growth and job creation through innovation-driven entrepreneurship (IDE). Partner regions form multi-disciplinary teams and commit to a two-year learning engagement with MIT. During this engagement, teams work with world-renowned MIT faculty and the broader REAP community through a series of action-learning activities to build and implement a custom regional strategy for enhancing their IDE ecosystems.

MIT REAP is built around innovation-driven entrepreneurial ecosystems (IDE Ecosystem) that have served as the foundation of many successful regions since the first industrial revolution, and now characterize policymakers places such as Silicon Valley, Boston/Cambridge, London’s TechCity and Singapore. It examines the perspective of five critical stakeholders: entrepreneurs, risk capital providers, eco-map-1and universities, policy makers(government) and large corporations. It provides frameworks for understanding the strengths and weaknesses of innovation-driven entrepreneurship in particular

It examines the perspective of five critical stakeholders: entrepreneurs, risk capital providers, and universities, policy makers(government) and large corporations. It provides frameworks for understanding the strengths and weaknesses of innovation-driven entrepreneurship in particular regions and then focuses on policy and programmatic interventions that can be designed and implemented to accelerate entrepreneurship across regional economies worldwide.

“I have an idea” – You will be surprised to know how many times we hear this phrase on any given day at our Startup Accelerator. It is said that entrepreneurs who are married to their ideas are likely to fail; this is because ideas by themselves don’t do much. Usually, the problem with being married to any particular idea is that often, you are blind to the changing needs of the customer whose problem(s) your ideas are meant to solve.

Ready Market – The relationship between demand and supply underlie the forces behind the allocation of resources. This means that all things being equal, supply will adjust itself to meet the demand that is being created. The principle then satisfies the assumption that a financier(equity investor or lender) will always be found to fund an entrepreneur who has a great product or service that the market requires. So stop and ask yourself, is there a real/potential demand for your product or service. […]

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