LAPO Microfinance Bank Backs NextechCzar Incubation Program for Tech Entrepreneurs

LAPO Microfinance Bank Limited, a prominent microfinance institution in Nigeria, has announced its endorsement of the NextechCzar Incubation Program, facilitated by Moolu Venture Lab.

The induction ceremony, graced by notable industry figures, featured insights and inspiration from Dr. Godwin Ehigiamusoe, the founder of LAPO MFB, and Mr. Prince Ogbonna, CEO of Moolu Venture. Dr. Ehigiamusoe underscored the significance of visionary entrepreneurship, stating, “Innovation and conscious business practices are pivotal in shaping the future of entrepreneurship. We are committed to nurturing the next generation of tech entrepreneurs who will drive positive change in Nigeria and beyond.”

Mr. Prince Ogbonna, CEO of Moolu Venture Lab, outlined the objectives of the 16-week incubation program, emphasizing its Early Stage and Growth Phase tracks. He expressed enthusiasm, saying, “We aim to empower young African founders to develop impactful solutions to local challenges. With the support of LAPO Microfinance Bank, we are fostering an ecosystem conducive to innovation and growth.”

Distinguished panelists at the ceremony included Mr. Oluremi Akande, Director of Marketing and Communications at LAPO MFB, Mrs. Mope Abudu, Managing Partner at AfrogloCal VC, Mr. Ovo Emorhokpor, Managing Partner at Beta Ventures, and Mrs. Dorcas Thorpe, Head of Corporate Planning at LAPO MFB. Their collective expertise promises valuable mentorship for aspiring tech founders.

The NextechCzar Incubation Program aims to cultivate a new breed of tech entrepreneurs committed to effecting positive change through conscious business practices. With the generous support of LAPO Microfinance Bank, the program anticipates groundbreaking ideas and innovations that will address indigenous challenges and drive socio-economic progress in Nigeria.

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